--tully
On Sunday 17 April 2005 05:18 pm, Adam Souzis wrote:
>On 4/17/05, Doug Henwood <dhenwood at panix.com> wrote:
>> Adam Souzis wrote:
>> >But at the margins, why not include social responsible funds in
>> > the mix? It's better than nothing.
>>
>> Have you looked at what they have in their portfolio?
>>
>> Here are the top 10 holdings in the KLD index
>> <http://www.kld.com/benchmarks/topten.html>:
>>
>> 1. Microsoft Corporation
>>
>> 2. Johnson & Johnson
>>
>> 3. Intel Corporation
>>
>> 4. American International Group, Inc.
>>
>> 5. Procter & Gamble Company
>>
>> 6. J.P. Morgan Chase & Co.
>>
>> 7. Cisco Systems, Inc.
>>
>> 8. Wells Fargo & Company
>>
>> 9. Verizon Communications
>>
>> 10. Dell, Inc.
>>
>> At least they seem to have dropped Wal-Mart. But it was there 5-7
>> years ago.
>>
>> Doug
>
>yes, exactly! the difference between them and any other large cap
>growth fund is marginal. And that margin of difference is wal-mart
> and (i assume) lockheed and rjr nabisco (guess they're called
> altria now -- as in altruisic -- brillant doublespeak) , etc. So
> yes a very marginal difference but a difference nonetheless and
> since you have to invest in any event if you want to be able to
> retire eventually, the amount of effort and risk of choosing
> something like this over an equivalent fund from fidelity or
> whatever is pretty marginal too.
>
>-- adam
>
>___________________________________
>http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk