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In America, local-government pension funds base their contributions on the assumption that they will earn 8% (in nominal terms) on their investment portfolios.
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There are also some 250 hedge funds based in Malta.
The Amana Funds, based in Bellingham, Wash., has several mutual funds operating on Islamic principles.
But picking funds based on their losses is dangerous, fund analysts warned.
The Emergent fund is one of a growing roster of farmland investment funds based in Britain.
Some mutual funds allowed favored customers to trade mutual funds based on stale prices.
The administration should distribute those funds based on an objective assessment of each potential recipient.
"It's about freedom," says an ad for the Northern Funds, based in Minneapolis.
The authors found that investors are beginning to discriminate among funds based on after-tax performance.
That could cause investment funds based on those indexes to sell the stock.
There is a "limited amount of funds based on disasters in the past," Ashwood says.
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