Ethical Screening

Q: A recent mailing from recommended fund Baron Partners indicates the Baron funds regularly invest in gambling stocks. How does SMI handle this type of information?

A: We had a very interesting discussion in our Editors' Daily Weblog concerning this last month. Bottom line: we don't screen the funds on our recommended list, but will try to let you know if we become aware of potentially objectionable investments so you can decide for yourself whether you wish to sell a given fund.

• Socially Responsible Investing: The Debate Over Where to Draw the Line

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