Unload your Mutual Fund: Don’t Invest in Gun Profiteers
Before the Sandy Hook tragedy, it never occurred to us that our 401Ks, 529s, and IRAs and other accounts could be invested in mutual funds and stocks of companies that profit from the sale of guns and ammunition. Sickeningly, gun sales increase after every well publicized mass shooting.
You can help make a difference by unloading your investments in the gun industry. Reuters has compiled a list of more than 500 mutual funds that have stock holdings worth billions in these three gun manufacturers: Vista Outdoors, Sturm Ruger and Smith & Wesson.
You can find out if you are invested in these three gun manufacturers by checking this list. We hope you will contact your broker or fund manager to unload your investments in the gun industry right away.