Putting Faith First

CHRISTIAN FUNDS ARE FORCING COMPANIES TO CHANGE

What single factor may explain why Whirlpool Corp. no longer donates to Planned Parenthood, why the Walt Disney Co. has a Roman Catholic priest on its board of directors and why Best Buy is cracking down on minors who try to buy shoot-'em-up video and computer games? Answer: a bunch of Catholic investors and their allies want it that way.

Investors with a holy vision are building a pulpit in the boardroom. According to an analysis based on data from investment tracker Morningstar, 58 faith-based mutual funds have formed since 2001, bringing the running total to 142. And faith-based investors'...

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