The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Socially Responsible Investing


Subject:  Re: Citizens Funds Date:  2/11/2008  10:52 PM
Author:  Edlbym Number:  2221 of 2249

Thanks for chiming in. Found this:

I am very concerned about the pending takeover of Citizens Funds by Sentinel Funds. My purpose of investing a large portion of my portfolio with Citizens was due to its commitment to make the world a better place for all through Socially Responsible Investment. I was comfortable with the returns knowing there was a greater good involved.

I do not believe Sentinel has this goal as their core investment strategy. It appears they purchased Citizens Funds to offer a new SRI product, rather than to integrate the philosophical approach in their overall corporate approach to social change. Such a perspective is not even mentioned on the Investment Philosophy webpage (see link below).

There will certainly be more of a change than just the name on the statement letterhead. Either Sentinel becomes dedicated to social investing, or my money will find a new home that is truly a vehicle for social change.

(from messages dot finance dot yahoo) pointing to
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us