Investors with a strong commitment to biblically responsible investing (BRI) don’t have to comprise their bottom line -- and could see better returns, according to Timothy Plan, a family of faith-based mutual funds with $1 billion in assets.
Aligning religious values and investment philosophy may be more profitable than some investors realize, the company maintained in a release.
When considering comparable returns, a considerable body of research indicates investors engaging in BRI and could reap higher returns, it said.
According to a 2016 study from the University of Pennsylvania’s Wharton School of Business, screened investments performed favorably when compared to unscreened investment funds: “Impact funds in the sample that seek market-rate returns demonstrate that they can achieve results comparable to market indices, while still reporting mission preservation in the vast majority of their exited investments.”
In some cases BRI may even exceed the performance of traditional unscreened investments. BRI is a subcategory of the overall socially responsible investment (SRI) market. According to a 2015 Christian Investment Forum study, SRI performed as well or better than unscreened funds.