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Two by two.(Money Manager)(religiously conservative Noah Fund performing well in bad times)

Publication: Buyside

Publication Date: 22-JUN-03

Author: Leerskov, Meghan
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COPYRIGHT 2003 Adams Business Media

Van Alen's religious mutual fund offers investors profits of Biblical proportions. The fund has been 200 basis points above the Russell 1000 Growth Index consistently and has returned 17.01% since its inception. Even during this year's difficult beginnings, the fund returned 8.14% as of March 31st.

Bill Van Alen NOAH FUND

For investors with strong convictions, investing in the market can present a quandary. Many companies offer competitive returns, but are harmful to the environment, don't have a significant number of women or minority employees or profit from "sin" areas like gambling...

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