Cindy McCain , wife of Republican presidential candidate John McCain, just sold off more than $2 million in mutual funds whose investments included companies that do business with the government of Sudan, an African nation enmeshed in the government-supported genocide in the Darfur region.
The funds were American Funds Europacific Growth fund and American Funds Capital World Growth and Income fund, according to the AP, and both are criticized by the Sudan Divestment Task Force. The funds had holdings in two companies that do business with Sudan: Oil & Natural Gas Corp., of India, and
, a Chinese oil company.
Though Cindy's move came after her husband called for financial sanctions against Sudan, it could also be classified as socially responsible investing. SRI investing integrates social, environmental or governance criteria into investment decisions, says Adam Sterling, project director for the Genocide Intervention Network.
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This article was written by a staff member of MainStreet.com.