Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fund Appeals to Patriotism Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, May 3, 2004

Fund Appeals to Patriotism

Reported by Theresa Sim

Closet patriots have a new investment option, thanks to the Timothy Plan's new Patriot Fund, launched May 1.

The fund is designed for investors with a "closet level of patriotism and a higher level of frustration of how and where to find a financial outlet for their patriotic feelings," said Arthur D. Ally, president and founder of the $250 million large Timothy Plan.

As the fund group's first "advocacy" fund, the Patriot Fund will "focus on investing in companies that are supporting, defending or contributing to the overall well-being of our nation, while at the same time continuing to honor our moral screens," said Ally.

New York-based Jim Awad, of Awad Asset Management, will manage the fund. Awad will evaluate companies of all sizes in industries including agriculture, defense, energy, financial services, health care, manufacturing and technology will be considered for investment.

Examples of companies that Awad would consider include John Wiley and North Fork Bank.

The fund will be direct and broker-sold, with a non-retirement minimum investment of $1,000 and no requirement for retirement accounts.

The fund group, which has eight other pro-life, pro-family, Biblically-based funds, has no plans to roll out new funds within the one to two year horizon. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use