Ethical fund does well
A Catholic-oriented U.S. mutual fund that refuses to invest in birth control, abortions, pornography, companies that provide homosexual benefits, or in other objectionable causes, yielded an impressive return of 23 per cent this year, thereby outperforming 84 per cent of U.S. mutual funds. The $125 million (US) fund ranks second among 21 "ethical" funds tracked by the Bloomberg financial agency. Pro-lifers were [...]