Investors Against Genocide
Draw the line at
investing in genocide
Dear friends of IAG,
We
are proud to let you know that our colleagues at the Unitarian
Universalist Association announced on Friday that they will be moving
their $178 million in retirement funds from Fidelity to TIAA-CREF as
part of their commitment to genocide-free investing. This important
move is a leading example of the fact that Americans do not want their
savings tied to genocide and that the market now provides clear
mainstream choice for individuals and organizations that wish to be
genocide-free.
All of the details and news related to this
announcement, including the UUA press release and a news article from
Reuters are posted at this link: investorsagainstgenocide.org/UUAleavesFidelity
We are very excited about this important step forward for genocide-free investing and thank you for your ongoing support.
If you know of other groups that are moving, or have moved, their money to genocide-free options, please let us know.
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WAYS YOU CAN HELP
- Consider moving your investments to American Funds or TIAA-CREF, the two
mainstream investment firms that have human rights policies and have taken substantial
action in support of those policies. If
you decide to do so after reviewing how the funds meet your personal financial
and non-financial criteria, please write the company you are leaving as well as
the company receiving your money to let management know why you have made this
important decision. Click here for
details on the divestment by American Funds and TIAA-CREF.
- Volunteer to submit a shareholder proposal to mutual funds
you've held for over a year and in which you have at least $2,000
invested. The successes with American Funds and
TIAA-CREF demonstrate that our shareholder resolutions are effectively
pressuring
mutual fund companies since both companies changed their policies only
after receiving
shareholders proposals from IAG volunteers.
Now we need more volunteers to submit our recently updated and
strengthened proposal to companies like Vanguard, Fidelity, and
Franklin
Templeton that continue to hold large investments in problem
companies. We've made the submission process easy and confidential. Click here for details.
Thanks so much for all you've done and continue to do for the cause of
genocide-free investing. |
Eric, Susan, Bill, Mary and Shana
The Investors Against Genocide Team |
