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Rating:Socially Responsible Fund Adds Retail Distribution Not Rated 4.0 Email Routing List Email & Route  Print Print
Friday, August 27, 2004

Socially Responsible Fund Adds Retail Distribution

by: Theresa Sim

CRAFund Advisors now offers its Community Reinvestment Act Qualified Investment Fund on Charles Schwab's OneSource.

The $500 million fund was previously only available to institutional investors, reported Forbes.

"We hope this will open up community investing to a whole new class of investors," Forbes reported CRAFund Advisors managing director Barbara VanScoy as saying.

The fund invests in securities that have a positive impact on community development.

The minimum investment for the fund is $2,500.  

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