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There could be a problem with pension funds who often have an ethnically focused clause in their incorporation.
I’ve never heard of a pension fund or any other investment vehicle having an ethnically focused clause as part of incorporation. To me that would seem to be a risky proposition and might appear to be bias against certain races or nationalities.
Certain funds might strive to support diversity more generally, but I don’t believe they would normally have clauses or a stated focus related to ethnicity.
My bad, too early in the morning. Should have said ethical.
US pension funds generally have only one ethic. Make money. There are some state funds that have ESG restrictions but the rest? Not so much. It’s not a big secret that pension managers get kickbacks too.
That makes more sense. At first I thought you meant this Index Fund reported on by Fox Business from last year. It’s the only fund to ever receive a triple K rating from Morningstar.
