FYI: In the aftermath of the Parkland mass shooting last year, many investors expressed concern about owning gun manufacturers in their mutual fund holdings, which led me to write this piece on finding gun stocks in fund portfolios.
Since then, we’ve had on ongoing string of mass shootings in Santa Fe, TX; Pittsburgh, PA; Thousand Oaks, CA; Aurora, IL; and Virginia Beach, VA. And then in the space of eight days: Gilroy, CA; El Paso, TX; and Dayton, Ohio.
As the epidemic of gun violence in the United States continues, pressure is building for action to be taken to address it. If you are concerned about gun violence and are a fund investor, you may want to know whether you are invested in gun stocks. Or not: It’s a reasonable position to be concerned about the issue and want to see something done to address it, but not to be worried about guns in the context of your investments. That view may depend on the extent of your exposure to guns.
Here are some steps you can take to analyze your exposure to gun makers and, if warranted, to take action to mitigate that exposure or eliminate it altogether.
Regards,
Ted
https://www.morningstar.com/articles/941147/gun-stocks-in-fund-portfolios-revisited
