Following up my earlier post about the Save Darfur campaign, I wanted to report on what I found out about my investments. I was able to use a website run by the Sudan Divestment Taskforce to see whether my mutual funds invest in the companies targeted for divestment.
Irritatingly, about 70% of my retirement money is in "tainted" funds. (I know, it's not as irritating as actually being killed for belonging to the wrong people group, but still.) As a public service announcement, allow me to tell all three of you that the following American Funds mutual funds are invested in corporations that are financing genocide:
- New World Fund
- Capital World Growth and Income Fund
- Fundamental Investors
- The Growth Fund of America
- Washington Mutual Investors Fund
- The Income Fund of America
- American Balanced Fund
So, if you have mutual funds, I hope you can put this info to use. Even if you don't have any, you can still sign a petition.
2 comments:
Investing? What the fuck is that? This is america, we're all spending deeper and deeper into debt.
Amazingly, I now have a 401K and have invested 4% of my income in 3 different mutual funds! I don't remember their names off the top of my head and am too lazy to go find the paperwork, but I do know that they are none of the tainted ones you listed. I guess I never would have thought to check, though, so thanks for the public service announcement. I did sign the petition, too.
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