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Support Canadian publishers, home businesses and non-profit organizations! Visit Straight Goods' classified ads to buy and sell, or to find out about activists and other groups.
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The folks at SG have created a set of categories that amount to a guided tour of the Best of the Web. You'll find hundreds of suggestions in these new listings. What a service!
Whether you are new to the web, or an inveterate surfer, the
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| Health and Safety NewsWire |
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If you are politically committed to social change, odds are you will also want to invest in ways that match your ethical concerns.
Thirteen mutual funds in Canada invest according to ethical, environmental and social guidelines.
Four fund companies manage these funds:
- Ethical Funds Inc., owned and controlled by the credit union system.
- Clean Environment Funds, a Toronto-based mutual fund company.
- Investors Summa, managed by Canada's largest mutual fund dealer.
- Investors Group Desjardins Environment, sponsored by Confederation Desjardins, Quebec's family of caisses populaires.
The financial performance of these funds has generally been good and often they have outperformed the market. But brisk change in the markets has affected both these and conventional funds. Investors need to ask the same questions about these funds as they would any other mutual fund.
With the downward turn of the mutual fund industry, investment goals are not as high as they were before. At a time when investors might expect returns of 12 or 15 per cent, a community loan fund offering 2 per cent would not be seriously considered by most investors. Yet now that normal expectations are 7 or 8 percent, a 2 per cent community investment becomes a more appealing option.
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