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Article

25 Aug 2004

Author:
William Baue, SocialFunds.com

As Mutual Funds Prepare to Reveal Proxy Votes, Guideline Disclosure Acts as Acid Test [USA]

This Tuesday, August 31, 2004, is the deadline for mutual funds to file form N-PX...disclosing how they voted the proxy ballots of the companies held in their portfolios..."It will be interesting to see how many fund complexes that say they evaluate social and environmental issues on an issue-by-issue basis end up voting in favor of such resolutions or if they vote with management," said Mr. Kinder. [refers to Domini Social Investments, Institutional Shareholder Services, KLD, Fidelity Investments, Vanguard, Pax World Funds]