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Finance Dictionary and Glossary of Investment Terms
environmental fund
Definition 1.
A mutual fund which invests exclusively or predominantly in companies which are actively working to improve the environment or have otherwise environmentally friendly business operations.
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Definition 2.
mutual fund that invests strictly in stocks of companies that are environmentally friendly and/or have the goal of environmental betterment. The investors are trying to support and profit from opportunities related to the environmental movement.
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