Business / Taxes / Green Fund: A mutual fund that selects investments based on a commitment to environmental principles may be described as a green fund. Not all green funds stress exactly the same values. A fund that seeks environmentally friendly businesses — say those that use alternative fuels — may not be concerned about what those companies manufacture. Another fund may avoid any company in what it considers an unacceptable industry, despite the company's individual environmental record. In every case, the fund's approach is described in its prospectus.
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Green Adjective Synonyms: verdant, grassy, fresh, leafy, rural, country-like
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
Business / Finance / Performance Fund: A growth-oriented mutual fund investing in growth stock and performance stock with low dividends and high risk. MORE