What Would Jesus Invest In?

March 13, 2007

Religious funds, a subset of socially responsible mutual funds that invest in accordance with the tenants of a particular faith, are gaining in popularity. Here's a rundown of prominent religious funds, courtesy of Morningstar:

Catholic Funds

Protestant Funds

Islamic Funds


While investing in the religious funds listed in the article might expedite your entry into the hereafter, don't count on them to produce heavenly returns; as a group these funds have a MAXrating of just 39. As the article points out, one of the biggest negatives associated with these funds is their cost. Almost all have above-average expense ratios compared to their secular peers.

Steward mutual funds
Anonymous — POSTED March 14th, 2007 4:47PM

Protestant Funds should included the six Steward funds: http://www.stewardmutualfunds.com/

Domini Social Equity (DSEFX) has no religious ties and should not be on the list.

-Brad H