Tisha Elmwood is buying shares in a mutual fund that avoids companies that do harm to people,animals,and the environment.What type of mutual fund is this?

Question

Quizplus · Accepted Answer

This is a socially responsible fund, which specifically avoids investing in companies that do harm to people, animals, and the environment. The other options (sector fund, small-cap fund, index fund, growth fund) do not necessarily have a focus on social responsibility or ethical investing.

Tisha Elmwood Is Buying Shares in a Mutual Fund That