Putting faith in ethical investments


Investors are increasingly looking for ways to link their money to ethical principles. In a recent report on this trend, the Financial Times newspaper cites data that puts the amount held in faith-based funds - normally invested in by churches - at around $17 billion. Among the best-known names in this area are the Ave Maria mutual funds, which have $525 million invested in them. Monies in these funds are not invested in companies that violate the moral principles of the Catholic Church - Fr John Flynn

Putting faith in ethical investments