What are Faith-Based Funds?

Faith-Based Funds—sometimes called Morally Responsible, Biblically Responsible, or Faith-Driven Funds—are a family of mutual funds that invests in companies that meet certain moral and ethical standards.

They avoid companies that manufacture or distribute things such as:

• alcohol

• anti-family entertainment

• tobacco

• gambling

• and/or other potentially offensive practices.

Today, biblically responsible or faith-based funds are the fastest growing subset of the socially responsible investing category. Only a short time ago, many plan providers didn't recommend them because of their poor market performance and their high fees. Now, the fund performance and fees have improved significantly.

Click here to learn more about faith-based retirement plans. To learn more about BRI, click HERE.