tower@inmet.UUCP (07/14/84)
#N:inmet:4300001:000:981 inmet!tower Jul 12 22:06:00 1984 I have recently found a "socially conscious " money market fund. A brief quote from their prospectus: "Our goals (that is, those of the fund) are to seek as high a level of current income as we can, while maintaining liquidity and safety of capital, and at the same time concerning ourselves with the social and economic impact of our investments. We seek these goals by investing in a portfolio that consists of short-term debt securities meeting high quality standards and also meeting out social and economic tests." Prospectus and application available from: Working Assets Money Fund 230 California Street San Francisco, CA 94111 (415) 989-3200 They look as respectable as any most of the other funds I have looked into with similar yields. The societal goals they are pursuing are liberal. -len tower {ihnp4,harpo}!inmet!tower Cambridge, MA This news does not reflect the opinions of my employer. Please mail me any flames. Don't clutter the net.
black@uw-beaver (Andrew P. Black) (07/25/84)
I actually invested with them a couple of months ago. Their investments are mostly government insured, and the yeild looks like it is up with my other, non-coscious, funds. They also let you write cheques for as little as $250. I also know of a non-war MUTUAL FUND, called Pax world Fund. But they didn't seem to offer much in the way of service. Does nayone invest with them? Andrew Black