investment life: You don't have to relocate to Alabama, Georgia or Ohio to get your investment life in line with your personal faith, however, according to Market Watch. Believe it or not, there's a fund for that. Some have been floored that a holy mantra could impact laws and the penal code, while others have cheered the developments as a sign of a new spiritual alignment. Whether this segment of the Responsible Investment universe, generally referred to as Socially Responsible Investing or SRI, can beat the market is another matter. The 250 million Global X S&P 500 Catholic Values ETF CATH, -1.48% tracks the S&P 500 SPX, -1.19% with a faith-based overlay dictated by the Conference of Catholic Bishops, who have determined that Catholics should never invest in businesses engaged in abortion, contraception, embryonic stem cell research, racial and gender discrimination, pornography, arms production or other morally wrong business activities. Catholic-focused funds There are a variety of Catholic-values funds available for individual investors.
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