Items Tagged With Index Funds

Trying to catch two waves at once, UBS, KLD, Domini and Mergent form a fund that combines popular trends:

Socially responsible investing is not new. But how about the concept of politically responsible investing?

The Blue Fund , which launched Oct. 17, 2006, is the first SRI index mutual fund to add an overtly political component. Included companies and executive officers not only express progressive ideals, but they also make corporate and personal contributions to the Democratic party, thereby literally putting their money where their mouths are.  

Joseph J. Andrew is an expert in mergers and acquisitions law and currently a partner in the law firm Sonnenschein, Nath and Rosenthal LLP . From 1999-2001, he had the high-profile role of chairman of the Democratic National Committee (DNC) . In this position, he publicly contemplated the relationship between corporations and corporate contributions, and saw that the majority of money was going to Republicans and the GOP.