More than thirty churches and affiliated Baptist organizations are participants. It is not available for organizations domiciled outside of Massachusetts. The primary objective of the Equity Fund is growth of capital.
Income is a secondary consideration.
The primary objective of the Fixed Income Fund is a high level of income, protection of principal and, secondarily, capital appreciation. In both the Equity and Fixed Income Funds, all investments are screened for social criteria. Specifically, the Funds seek to favor companies with positive records regarding community relations, employee relations, women and minorities, human rights, useful products, environment and energy. The Funds seek to avoid companies with poor records in community relations, employee relations, the environment and with operations in countries with significant human rights abuses. The Funds specifically avoid companies involved in tobacco, alcohol, firearms and the manufacture of military weapons.