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Forbes Magazine - Christian Investors Get Patient With Their Capital


By Rob Moll & Rudy Carrasco - Christian investment vehicles have always struggled. When the FaithShares ETF launched in December 2009, it was to significant press. The founders rang the opening bell on the floor of the New York Stock Exchange, and the Christian and secular press covered their launch. The funds allowed retail investors to put money into stocks based on the recommendations of their denominations. Baptists could avoid liquor while Methodists could avoid gambling profits. However, 18 months after the high-profile launch, FaithShares went defunct.
Now a new movement is well underway that links Christian values and emerging investment opportunities. This time, it isn’t retail investors who are participating but the more affluent “qualified” investors. They’re taking a new approach to their money, patiently allowing firms the time required to obtain their objectives. They aren’t ringing bells to announcing these new opportunities, but slowly attracting wealthy Christian investors who want to earn solid returns, achieve social goods like providing jobs or clean water, while also seeing spiritual fruit. Read the rest of the article on Forbes

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posted by Justin Forman | 12.06.2012 - 5:55 AM

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