TY - JOUR T1 - The Impact of Faith-Based Screens on Investment Performance JF - The Journal of Investing SP - 136 LP - 143 DO - 10.3905/joi.2010.19.3.136 VL - 19 IS - 3 AU - Esmeralda O. Lyn AU - Edward J. Zychowicz Y1 - 2010/08/31 UR - https://pm-research.com/content/19/3/136.abstract N2 - There has been a phenomenal rise in faith-based investing in recent years. A very important question arises: do investors sacrifice satisfactory economic returns by making ethically and socially responsible investing decisions based on their faith? Using data on 36 faith-based mutual funds, this article reviews and extends previous research on the performance of faith-based investing. It examines the performance of these faith-based funds over three different five-year periods from May 2001 to February 2008. By applying a comprehensive set of tests, the authors find evidence that faith-based funds mostly outperform the market. The results also suggest that faith-based funds do better than socially responsible investing funds in general.TOPICS: Security analysis and valuation, performance measurement, risk management ER -