Faith-based investing appeals to many investors

Nearly half of investors are interested in factoring their faith into their investment decisions, but only a small minority are aware of faith-based investing strategies or products. Even fewer incorporate them in their portfolios.

Those were among the findings of a recent Praxis Investment Management survey of 1,001 individual investors and 403 financial advisors.

According to the survey, even though 48% of investors were interested in the concept of faith-based investing — selecting investments that reflect religious values — it was familiar to only 21% of respondents. And just 5% of investors surveyed currently invest based on their faith. Of those who do practice faith-based investing, 37% of their portfolio was allocated as…

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