PRESS RELEASE-Are Your Mutual Funds Terror Free?
Press Release
Are Your Mutual Funds Terror-Free? The Next Step in Socially Responsible Investing: http://www.terrorfreecalculator.com/
PHOENIX, April 30, 2008 — Conflict Securities Advisory Group (CSAG) and Overlap Inc. today officially launched terrorfreecalculator.com (http://www.terrorfreecalculator.com/), a new Web site dedicated to equipping investors in determining whether their mutual funds invest in companies that do business in countries that sponsor terror. The site also helps investors find “Certified Terror-Free” mutual funds.
Are Your Mutual Funds Terror-Free? The Next Step in Socially Responsible Investing: http://www.terrorfreecalculator.com/
PHOENIX, April 30, 2008 — Conflict Securities Advisory Group (CSAG) and Overlap Inc. today officially launched terrorfreecalculator.com (http://www.terrorfreecalculator.com/), a new Web site dedicated to equipping investors in determining whether their mutual funds invest in companies that do business in countries that sponsor terror. The site also helps investors find “Certified Terror-Free” mutual funds.
This new, free-to-the-public informational Web site was introduced last night on The Savage Nation, the third largest talk radio show in the U.S., by featuring an interview with CSAG CEO Roger Robinson.
“CSAG has received tens of thousands of inquiries from citizens wanting to know if their mutual funds and other investments are Terror-Free. CSAG is proud to make this free service available so all Americans have a choice when it comes to Terror-Free investment products,” said Roger Robinson.
Just as the South Africa divestment movement prompted companies to terminate operations there decades ago, likewise terrorfreecalculator.com (http://www.terrorfreecalculator.com/) is a tool being provided to shareholder activists who are increasingly acting to replicate this model.
At the forefront of providing investors this option is the new “Terror-Free Index” introduced March 26, 2008 by FTSE, The Index Company and Conflict Securities Advisory Group (CSAG), the preeminent research provider specializing in Terror-Free investment screening and certification services.
A recent poll of Americans found that 86% of respondents do not wish to invest in companies that do business in, or with, terror-sponsoring states such as Iran, Syria, Sudan or North Korea. Terrorfreecalculator.com (http://www.terrorfreecalculator.com/) offers an entire suite of pre-screened Terror-Free investing options for both institutions and individuals.
9/11 was a wake up call for America. Terrorists targeted the jugular vein of the financial capital of the world, knowing that collapsing the World Trade Center would also lock-up the global economy. And so they did, for a week.
Dr. Savage introduced the concept of divesting terrorism to his audience in July 2005 with “Operation Divest Terror” sponsored by Swiss America Trading Corporation which made use of CSAG’s research and expertise.
“Over 400 U.S. and foreign companies are presently doing business in terrorist sponsoring states representing trillions of dollars. By refusing to invest in these companies, Americans can send a powerful message: ‘If you underwrite governments that sponsor terrorism, you’ll lose billions of U.S. investment dollars,'” said Dr. Savage.
“For over a quarter century Swiss America has advised clients to diversify a small portion of their assets into U.S. gold and silver coins for three primary reasons: safety, privacy, and profit potential. In 2005 we added a fourth reason: social responsibility,” said Swiss America CEO Craig R. Smith.
“Swissamerica.com (http://www.swissamerica.com/) is a proud sponsor of Terrorfreecalculator.com (http://www.terrorfreecalculator.com/) which is committed to propelling this vital message out to millions of concerned investors,” said Mr. Smith.
In December 2006, The Wall Street Journal acknowledged Swiss America as the first U.S. corporation to offer employees a “certified terror-free” pension fund option with the help of CSAG.
For more information or media interviews contact: Bronwin Barilla at 800-950-2428.
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