Business / Taxes / Conscience Fund: Conscience funds, also known as socially responsible funds, allow you to invest in companies whose business practices are in keeping with your personal values. For example, you can choose mutual funds that invest in companies that have exceptional environmental or social records, or that refuse to invest in companies that manufacture certain products or have certain employee benefit practices. Each fund explains the principles it follows in its prospectus and describes the screens, or set of criteria, it uses to identify its investments.
Conscience Noun Synonyms: morality, morals, judgment, fairness, sense of right and wrong, ethics, honor, standards, principles, scruples
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Business / Taxes / Socially Responsible Fund: When socially responsible mutual funds, also known as green funds or conscience funds, select securities to meet their investment goals, the securities must also satisfy the fund's commitment to certa MORE