I am very concerned about the pending takeover of Citizens Funds by Sentinel Funds. My purpose of investing a large portion of my portfolio with Citizens was due to its commitment to make the world a better place for all through Socially Responsible Investment. I was comfortable with the returns knowing there was a greater good involved.

I do not believe Sentinel has this goal as their core investment strategy. It appears they purchased Citizens Funds to offer a new SRI product, rather than to integrate the philosophical approach in their overall corporate approach to social change. Such a perspective is not even mentioned on the Investment Philosophy webpage (see link below).

There will certainly be more of a change than just the name on the statement letterhead. Either Sentinel becomes dedicated to social investing, or my money will find a new home that is truly a vehicle for social change.

http://www.sentinelinvestments.com/senti...