Business and Personal Finance Dictionary

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• GREEN FUND
  
  A mutual fund that makes investments based on a commitment to social, environmental, or political principles may be described as a green fund, a conscience fund, or a socially responsible fund. Although the returns on green funds have sometimes trailed the performance of those buying more widely to meet their investment objectives, many green funds have strong records, and some have led their sectors in recent years. Not all green funds stress the same values, however. A fund that shuns the defense industry may buy tobacco company stocks, or one that seeks environmentally friendly businesses may not be concerned about what those businesses manufacture. If you have strong feelings about how your money in mutual funds is invested, you need to do some research about any fund you're considering and take a look at its portfolio to see what the fund is purchasing.
  
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