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Socially Conscious (Environmental) Mutual Funds Fund Name Citizens Index Domini Social Equity Ariel Appreciation TIAA-CREF Social Choice Equity Ticker WAIDX DSEFX CAAPX TCSCX Front Load -- -- -- -- Back Load -- -- -- -- 12b-1 Fees .25 .25 .25 -- Management Exp .50 .20 .75 .77 Expense Ratio 1.58 .96 1.26 .77 - Inception: 4/3/2000 Turnover Ratio 18 8 24 0 Min Initial Invstmt $2500 $1000 $1000 $250 IRA Minimum $1000 $250 $250 $250 3 Year Return 18.96 15.09 9.94 -- 5 Year Return 23.99 21.07 18.31 -- 10 Year Return -- -- 16.34 -- Objective Large Growth Large Blend Mid-Cap Blend Large Blend Benchmark Citizens Index Domini 400 Social Index Russell Mid-Cap Index S&P 500 Morningstar Rating **** **** *** Not Rated Environmental/ Social Criteria Note: many of these funds also have other Social Criteria; this sheet focuses mainly on the environmental concerns. See each prospectus or web site to further research funds’ criteria. Avoid companies that: violate environmental laws or regulations; have below average environmental records for their industry, or who are damaging to the environment; export U.S.-banned pesticides to developing nations; oil companies in favor of utilities & power producers engaged in energy efficiency programs & alternative power generation. www.citizensfunds.com Focus on Strengths: beneficial products & services, pollution prevention, recycling, alternative fuels, engagement in cooperative dialogue with environmental groups or regulators. Focus on Concerns: hazardous waste, regulatory problems, ozone-depleting chemicals, substantial emissions, agricultural chemicals, climate change. www.domini.com 1-800-762-6814 Believes that in the long run, a company that adopts environmentally sound policies will face less government intrusion. Avoid corporations whose primary business involves the sale or production of tobacco products, weapons systems, nuclear energy, or the equipment to produce nuclear energy. www.arielfunds.com Avoid companies that fail to adhere to sound environmental policies; involvement in weapons manufacturing; interest in gaming or gambling; operate in Northern Ireland without adopting the MacBride Principles or complying with the Fair Employment Act of 1989; produce and market alcoholic beverages or tobacco products; or produce nuclear energy. www.tiaa-cref.org/mfs 1-800-842-2776 Socially Conscious (Environmental) Mutual Funds Fund Name New Alternatives Parnassus Pax World Growth Calvert Social Investment Equity A Ticker NALFX PARNX PXWGX CSIEX Front Load 4.75 3.50 -- 4.75 Back Load -- -- -- -- 12b-1 Fees -- -- .25 .23 Management Exp .78 .66 -- .70 Expense Ratio 1.13 1.07 1.58 1.23 Turnover Ratio 87 66 76 51 Min Initial Invstmt $2500 $2000 $250 $1000 IRA Minimum $2000 $500 -- $1000 3 Year Return 17.17 11.33 8.64 11.52 5 Year Return 16.38 15.89 -- 17.16 10 Year Return 13.51 21.29 -- 13.04 Objective Small Blend Mid-Cap Blend Mid-Cap Growth Large Blend Benchmark -- Willshire 5000 Index -- S&P 500 Morningstar Rating *** ** ** ** Environmental/ Social Criteria Note: many of these funds also have other Social Criteria; this sheet focuses mainly on the environmental concerns. See each prospectus or web site to further research funds’ criteria. Most of investments will be in companies that provide a contribution to a clean and sustainable environment. Special interest in alternative energy: production and conservation of energy by means which reduce pollution and harm to the environment. www.newalternativesfund.com Looks for companies that respect the environment, treat their employees well, have effective equal employment opportunity policies, good community relations and ethical business dealings. Will not invest in companies that manufacture alcohol, tobacco or weapons. Also screened out are companies involved with gambling or those that generate electricity from nuclear power. www.parnassus.com Seeks companies that produce goods and services that improve the quality of life and behave as good corporate citizens, treating their employees and the environment well. Individual factors and cumulative concerns from a mix of issues lead to exclusion. What is screened into a Fund's portfolio is as important as what is screened out, in terms of the Fund's ultimate social impact. www.paxfund.com Requires that companies comply with federal, state, and local environmental regulations and maintain at least an average record within their respective industries. Search for companies that are outstanding in their environmental practices. Do not invest in nuclear power plant operators, owners, or contractors. More specific info at www.calvert.com
