This Fund Beats the Market Via Faith-Based Rules

You won't find tobacco, alcohol or gambling companies in the Eventide Gilead Fund. That's because Christian principles guides the fund's stock selection.

You won’t find tobacco, alcohol or gambling companies in the Eventide Gilead Fund (ETGLX). That’s because faith—specifically, Christian principles as they apply to business—guides the fund’s stock selection. “We invest in companies that excel in creating positive social value,” says lead manager Finny Kuruvilla. The approach gets results: Since Eventide’s mid-2008 launch, it has earned 17.5% annualized, beating the typical midsize-company growth fund by an average of 8 percentage points per year.

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Kaitlin Pitsker
Associate Editor, Kiplinger's Personal Finance
Pitsker joined Kiplinger in the summer of 2012. Previously, she interned at the Post-Standard newspaper in Syracuse, N.Y., and with Chronogram magazine in Kingston, N.Y. She holds a BS in magazine journalism from Syracuse University's S.I. Newhouse School of Public Communications.