Blue Fund Group Update
Posted in Money on May 5th, 2008
You just have to love it when someone from the left claims there is a “vast right wing” conspiracy to take over the world via huge corporate funding schemes. Especially when it is the left who is guilty of doing just that.
Take The Blue Fund Group for example…
The Blue Fund invests in companies that both “act blue” and “give blue.” We build our portfolios on core progressive values like environmental sustainability, community participation and respect for human rights. And then we go a step further, investing only in those companies whose political contributions demonstrate a sincere commitment to these values.
Our “Blue Companies” are screened rigorously, evaluated regularly, and verified by an independent research firm. So you can rest assured that you are aligning your investments with your values.
Ironically, the Blue Fund Group is not doing so well.
So far this year, that fund has underperformed both its large-cap growth category and the Standard & Poor’s 500-stock index, according to Chicago investment-research firm Morningstar Inc.
You can read quite a bit more about this at the WSJ’s story here.
