Defense contractors in mutual funds

[firehawkocean]

Is there any way to find out which mutual funds buy stock in corporations that greatly provide military support? Obviously, Lockheed Martin is a big one. I just dont want my money bankrolling wars in the middle east.

[disneysteve]

I think the only way you'd be sure of avoiding it is to invest in a sociallly responsible fund that specifically blocks defense contractors. Most other funds that invest in large company stocks are likely going to have exposure to those companies since they are major multinational corporations that do many things in addition to defense work. Lockheed Martin is a perfect example as they are involved in all aspects of the aerospace industry, robotics, energy, health care, computing, security and more.

[disneysteve]

I think the only way you'd be sure of avoiding it is to invest in a sociallly responsible fund that specifically blocks defense contractors. Most other funds that invest in large company stocks are likely going to have exposure to those companies since they are major multinational corporations that do many things in addition to defense work. Lockheed Martin is a perfect example as they are involved in all aspects of the aerospace industry, robotics, energy, health care, computing, security and more.

Besides, your tax dollars already bankroll the miliatry so you're paying for it whether you approve of it or not.