Oklahoma financial advisers ask: What would Jesus do?

 
DON MECOY    Comment on this article Leave a comment
Published: August 16, 2009

Two Oklahoma City financial advisers are launching five stock funds aimed at attracting Christians seeking investments that don’t conflict with the tenets of their faith.

photo - Garrett Stevens, left, and Tom Phillips stand Wednesday in the northwest Oklahoma City offices of their company, FaithShare Trust. Stevens is chief executive. Phillips serves as president. PHOTO BY JIM BECKEL, THE OKLAHOMAN
Garrett Stevens, left, and Tom Phillips stand Wednesday in the northwest Oklahoma City offices of their company, FaithShare Trust. Stevens is chief executive. Phillips serves as president. PHOTO BY JIM BECKEL, THE OKLAHOMAN

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AT A GLANCE
About their funds

Baptist Values Fund — Uses recommendations of the General Board of American Baptist Churches and has zero tolerance for companies involved in gambling, defense, tobacco, alcohol, pornography and/or abortion.

Catholic Values Fund — Follows U.S. Conference of Catholic Bishops’ Socially Responsible Investment Guidelines, which include respecting human life; promoting human dignity; reducing arms production; pursuing economic justice; protecting the environment; and encouraging corporate responsibility.

Christian Values Fund — Drawn from the guidelines of various Christian denominations, it excludes companies involved in gambling, anti-personnel land mines, tobacco, alcohol, pornography, abortion and/or stem cells.

Lutheran Values Fund — Linked to guidelines for social investing and shareholder advocacy recommended by the Evangelical Lutheran Church in America Board of Pensions. The index avoids companies involved in certain harmful products and services, nuclear military weaponry and hazardous environmental impact.

Methodist Values Fund — Operates in accordance with The Social Principles of the United Methodist Church. Companies considered for inclusion are evaluated on their Methodist values in the following areas: the natural world; the nurturing community; the social community; the economic community; the political community; and the world community.

SOURCE: Fund prospectus


About ETFs
→An exchange traded fund is a basket of stocks like an indexed mutual fund that trades on an exchange like a stock. The prices of ETFs, as they are commonly called, change throughout the day.

→For more information on FaithShares, go online to

FaithShares.com.

→The full prospectus of the FaithShares exchange traded funds is available on the Securities and Exchange Commission Web site. Go to bit.ly/faithshares

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