facing humanity today, the largest U.S. mutual funds—which manage the retirement and other savings of tens of millions of Americans—are profiting from investments in nuclear weapons, cluster munitions, and other banned or controversial arms, an analysis by a leading shareholder advocacy group revealed Tuesday.
Measured by dollars invested, the top 25 U.S.
"Many investors, given a choice, would not want to profit from companies that manufacture weapons of mass destruction," As You Sow CEO Andrew Behar said in a ."Yet nearly every retirement plan has nuclear and other controversial weapons embedded in their plan. Our new ratings empower investors with the tools to know what they own so they can invest their money in alignment with their values."
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