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California State University, San Bernardino

Theses/Dissertations

2009

Finance

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Ethical And Faith-Based Investments: An Assessment Of Performance, Hisar Joel Munte Jan 2009

Ethical And Faith-Based Investments: An Assessment Of Performance, Hisar Joel Munte

Theses Digitization Project

The purpose of this thesis will explore the risk and return characteristics of socially responsible investing by comparing three indices, the Domini 400 Social Index (DS400 Index.), the KLD Catholic Values 400 Index (CV400 Index), and the Dow Jones Islamic Market Index (DJIMI). The second objective of the thesis is to contrast the three Socially Responsible Investment (SRI) Indices with the Standard and Poor's 500 index (SP500). In a bid to meet investor demands, mutual fund managers have developed un-conventional portfolios that factor in ethics, sustainability, social, religious and environmental factors that affect returns.