EthInves ver 2.0 The On-disk Almanac of Ethical Investing copyright 1988 Jerry Whiting PO Box 20821, Seattle, WA 98102 >>> MUTUAL FUNDS <<< Mutual funds offer the small investor the safety of diversification and the expertise of professional investment analysts. You can set up your Individual Retirement Account with many of the following socially responsible mutual funds. Note: If you find mutual fund or money market account that matches your personal social screen, read their annual report and prospectus. The list of individual companies that they invest in can provide clues as to which company's stock you might consider for yourself. Many thanks to: Eric Smith, Investment Planner 200 W.Mercer St., #102 Seattle, WA 98119 206 285-2625 newsletter available ============================================================== Ariel Growth Fund (Calvert) 1700 Pennsylvania Ave. NW Washington, D.C. 20006 800 368-2748 301 951-4820 Est.: 1986 (previously Ariel Capital Management Est. 1984) Type: growth Sales fee: 4.5% Yes to: Employee participation, worker-owner management, small one-business companies that dominate a market niche, are financially sound, have good earnings prospects but are not widely followed on Wall Street. No to: South Africa, alcohol, tobacco. Min. investment: $2000 Min. subsequent investment: $250 Min. to open IRA: $1000 Min. subsequent IRA investments: $250 Volatility: N/A Total assets '86: $2.5M Total assets '87: $6.4M Total return = price change + dividends + capital gains Total return '86: 3.6% (for the 3 months of operation) Total return '87: 11.4% '87 prices (high, low, 12/31/87): $21.23, 14.51, 16.50 ============================================================== Calvert Social Investment Equity Fund 1700 Pennsylvania Ave. NW Washington, D.C. 20006 800 368-2748 301 951-4820 Est.: 1987 Type: Growth Sales fee: 4.5% Yes to: Employee participation, worker-owner management, small one-business companies that dominate a market niche, are financially sound, have good earnings prospects but are not widely followed on Wall Street. No to: South Africa, alcohol, tobacco. Min. investment: $1000 Min. subsequent investment: $250 Min. to open IRA: $1000 Min. subsequent IRA investments: $250 Volatility: N/A Total assets '87: $49,000 Total return = price change + dividends + capital gains Total return '87: -14.1% '87 prices (high, low, 12/31/87): $25.88, 13.61, 14.72 ============================================================= Calvert Social Investment Bond Fund 1700 Pennsylvania Ave. NW Washington, D.C. 20006 800 368-2748 301 951-4820 Est.: 1987 Type: Income Sales fee: 4.5% Yes to: Employee participation, worker-owner management, small one-business companies that dominate a market niche, are financially sound, have good earnings prospects but are not widely followed on Wall Street. No to: South Africa, alcohol, tobacco. Min. investment: $1000 Min. subsequent investment: $250 Min. to open IRA: $1000 Min. subsequent IRA investments: $250 Volatility: N/A Total assets '87: $1.5M Total return = price change + dividends + capital gains Total return '87: 3.8% '87 prices (high, low, 12/31/87): $17.24, 14.92, 15.56 ============================================================= Calvert Social Investment Managed Growth 1700 Pennsylvania Ave. NW Washington, D.C. 20006 800 368-2748 301 951-4820 Est.: 1982 Type: growth & income Sales fee: 4.5% Yes to: environmental protection, natural resource management, equal opportunity hiring, good community relations. No to: South Africa, weapons, nuclear power. Min. investment: $1,000 Min. subsequent investment: $250 Min. to open IRA: $1,000 Min. subsequent IRA investments: $250 Volatility: average Total assets '84: $36.9M Total assets '85: $51.4M Total assets '86: $104M Total assets '87: $149.5M Total return = price change + dividends + capital gains Total return '83: 11.2% Total return '84: 6.7% Total return '85: 26.7% Total return '86: 18.1% Total return '87: 4.9% '87 prices (high, low, 12/31/87): $27.86, 22.10, 23.26 ============================================================== Colonial Investment Services Colonial Advanced Strategies Gold Trust 1 Financial Center Boston, MA 02111 800 248-2828 Est.: 1985 Type: gold stocks (capital appreciation, hedge) Sales fee: 7.24% Yes to: Gold mining cos. in Canada, Australia, U.S. No to: South African gold mining cos. Min. investment: $250 Min. subsequent investment: $25 Min. to open IRA: $25 Min. subsequent IRA investments: $25 Volatility: medium/high Total assets '86: $31M Total assets '87: $104.5M Total return = price change + dividends + capital gains Total return '86: 30.2% Total return '87: 46.8% '87 prices (high, low, 12/31/87): $32.77, 18.24, 24.36 ============================================================= Dreyfus Third Century Fund 666 Old Country Road Garden City, N.Y. 11530 800 645-6561 718 895-1206 Est.: 1972 Type: growth Sales fee: 0% Yes to: environmental protection, natural resource management, occupational health and safety, consumer protection and equal employment. No to: South Africa, reduced defense concerns. Min. investment: $2,500 Min. subsequent investment: $100 Min. to open IRA: $750 Min. subsequent IRA investments: no min. Volatility: average Total assets '84: $134.0M Total assets '85: $182.5M Total assets '86: $153M Total assets '87: 137.6M Total return = price change + dividends + capital gains Total return '77: 13.1% Total return '78: 10.2% Total return '79: 59.8% Total return '80: 40.5% Total return '81: -11.1% Total return '82: 4.6% Total return '83: 20.2% Total return '84: 1.6% Total return '85: 29.5% Total return '86: 4.6 % Total return '87: 1.3% '87 prices (high, low, 12/31/87): $8.02, 5.15, 5.18 ============================================================= New Alternatives Fund 295 Northern Blvd. Great Neck, NY 11021 516 466-0808 Est.: 1982 Type: growth Sales fee: 6% Yes to: solar, geothermal & other alternative sources of energy;non-nuclear utilities, cogeneration, superconductivity & conservation. No to: arms makers, nuclear weapons, nuclear utilities, South Africa. Min. investment: $2,650 Min. subsequent investment: $500 Self-directed IRA available Volatility: medium/high Total assets '84: $.4M Total assets '85: $.8M Total assets '86: $1.9M Total assets '87: $4.1M Total return = price change + dividends +capital gains Total return '82: 10.4% Total return '83: 13.5% Total return '84: -.05% Total return '85: 23.4% Total return '86: 22.2% Total return '87: -2% '87 prices (high, low, 12/31/87): (estimated) $49, 35, 37 ============================================================= Parnassus Fund 244 California St., #210 San Francisco, CA 94111 415 362-3505 Est.: 1985 Type: growth Sales fee: 3% Yes to: good labor records, quality products, community relations. Min. investment: $5,000 Min. subsequent investment: $1,000 Min. to open IRA: $2,000 Min. subsequent IRA investment: $1,000 Volatility: medium/high Total assets '85: $1.3M Total assets '86: $3.3M Total assets '87: $5.4M Total return = price change + dividends + capital gains Total return '85: 16.3% Total return '86: 2.5% Total return '87: estimated -5% '87 prices (high, low, 12/31/87): $16.16, 16.16, 16.16 ============================================================= Pax World Fund 224 State St. Portsmouth, NH 03801 603 431-8022 Est.: 1970 Type: Balanced Sales fee: 0% Yes to: housing, health care, pollution control. No to: alcohol, tobacco or gambling concerns, arms makers. Min. investment: $250 Min. subsequent investment: $50 Min. to open IRA: $250 Min. subsequent IRA investment: $50 Volatility: low Total assets '84: $16.9M Total assets '85: $32.8M Total assets '86: $54M Total assets '87: $65.7M Total return = price change + dividends + capital gains Total return '81: -6.9% Total return '82: 10.2% Total return '83: 15.4% Total return '84: 7.5% Total return '85: 25.5% Total return '86: 8.4% Total return '87: 3.2% '87 prices (high, low, 12/31/87): $14.54, 11.45, 11.57 ============================================================= Pioneer Bond 60 State St. Boston, MA 02109 800 225-6292 617 742-7825 Est.: 1978 Type: corporate bonds Sales fee: 4.5% No to: alcohol, tobacco or gambling concerns, South Africa. Min. investment: $1000 Min. subsequent investment: $100 Min. to open IRA: $250 Min. subsequent IRA investment: $50 Volatility: very low Total assets '84: $16.4M Total assets '85: $21.1M Total assets '86: $43.M Total assets '87: $52M Total return = price change + dividends + capital gains Total return '82: 31.2% Total return '83: 9.3% Total return '84: 11.8% Total return '85: 20.1% Total return '86: 10.8% Total return '87: 2.6% '87 prices (high, low, 12/31/87): $9.73, 8.71, 9.05 ============================================================= Pioneer I 60 State St. Boston, MA 02109 800 225-6292 617 742-7825 Est.: 1928 Type: growth & income Sales fee: 8.5% No to: alcohol, tobacco or gambling concerns, South Africa. Min. investment: $50 Min. subsequent investment: $50 Min. to open IRA: $250 Min. subsequent IRA investment: $50 Volatility: average Total assets '84: $1.3B Total assets '85: $1.3B Total assets '86: $1.3B Total assets '87: $1.9B Total return = price change + dividends + capital gains Total return '77: 3.7% Total return '78: 12.3% Total return '79: 27.9% Total return '80: 30.6% Total return '81: -3.1% Total return '82: 13.3% Total return '83: 25.0% Total return '84: -0.7% Total return '85: 25.7% Total return '86: 11.7% Total return '87: 5.48% '87 prices (high, low, 12/31/87): $26.84, 17.22, 18.48 ============================================================= Pioneer II 60 State St. Boston, MA 02109 800 225-6292 617 742-7825 Est.: 1969 Type: growth & income Sales fee: 8.5% No to: alcohol, tobacco or gambling concerns, South Africa. Min. investment: $50 Min. subsequent investment: $50 Min. to open IRA: $250 Min. subsequent IRA investment: $50 Volatility: high Total assets '84: $1.4B Total assets '85: $2.2B Total assets '86: $3.1B Total assets '87: $3.2B Total return = price change + dividends + capital gains Total return '77: 23.6% Total return '78: 15.0% Total return '79: 32.8% Total return '80: 28.7% Total return '81: 8.0% Total return '82: 22.9% Total return '83: 30.2% Total return '84: -3.2% Total return '85: 31.2% Total return '86: 12.3% Total return '87: -2.5% '87 prices (high, low, 12/31/87): $24.62, 14.24, 15.65 ============================================================= Pioneer III 60 State St. Boston, MA 02109 800 225-6292 617 742-7825 Est.: 1982 Type: growth & income Sales fee: 8.5% No to: alcohol, tobacco or gambling concerns, South Africa. Min. investment: $1000 Min. subsequent investment: $100 Min. to open IRA: $250 Min. subsequent IRA investment: $50 Volatility: average Total assets '84: $254.2M Total assets '85: $430.7M Total assets '86: $578M Total assets '87: $531M Total return = price change + dividends + capital gains Total return '84: 4.8% Total return '85: 24.0% Total return '86: 10.9% Total return '87: -7.8% '87 prices (high, low, 12/31/87): $19.25, 10.85, 12.11