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@ John & MFO Members: The article actually is about funds, but the poster was trying to grab attention with his crude headline, "for the religious (christian only), here we go" The actual title of the article is"As Funds Invoke Bible Values, Others See Intolerance" Regards, Ted
It's about funds, and my subject line was as neutral as can be, and entirely true if you read the article. What's crude about it? You would have preferred the actual article hed?
The muslim funds of Amara have a good record so het. you nevr know
True dat - see AMAGX and AMANX. The Islamic principles that differentiate 'em for the most part are restrictions on lending/borrowing, high debt loads, speculation (as they define it, including lots of turnover), and alcohol/tobacco/pork.
The main practical effect of those is that they're (almost always? always?) weighted zero in financials and pretty skimpy or zero in other sectors/subsectors, and end up with pretty much a very low turnover "quality" portfolio invested in a limited number of sectors.
I owned AMAGX some years ago, and may at some point again; it's attractive beyond its religious "base."
What the heck will this fund invest in when apparently most every company in America is anti-Bible by THEIR perspective? Anybody jumping on this one (he says sarcastically)?
Comments
Regards,
Ted
Regards,
ted
Regards,
ted
@Ted- speaking of lent, when are you going to pay back the $100 that I lent you ten years ago?
The main practical effect of those is that they're (almost always? always?) weighted zero in financials and pretty skimpy or zero in other sectors/subsectors, and end up with pretty much a very low turnover "quality" portfolio invested in a limited number of sectors.
I owned AMAGX some years ago, and may at some point again; it's attractive beyond its religious "base."
avoid buying shares in companies that have “any degree of participation in activities that do not align with biblical values,” including what they call the lesbian, gay, bisexual and transgender “lifestyle.”
Ninety-two percent of the Fortune 500 companies include “sexual orientation” in their nondiscrimination policies and 82 percent include “gender identity.”