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SRI Chat - Socially Responsible Investing
Subject: Re: Re: Low minimum initial investment?
From: Steve
Date: 08/12/00
The TIAA-CREF Social Equity (TCSCX) fund only requires a $25 investment to open an account, provided one goes on an automatic investment plan. This is a real service to those of us just getting started who can't touch the $3000 Vanguard minimums or even the $1000 Citizen's minimum. TCSCX also just added gambling to it's social screens. It has 316 stocks and better diversification across sectors than some tech heavy social indexes. Of course this also makes it a bit more conservative.... It'll be interesting to see how this one does.

 

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