The Timothy Plan Launches New Israel Common Values Fund
MAITLAND, Fla., Oct. 13, 2011 /PRNewswire/ -- This week the Timothy Plan launched the newest member in its family of mutual funds, the Timothy Plan Israel Common Values Fund. This fund is being offered in both Class A (TPAIX) and Class C (TPCIX) shares. The Timothy Plan Funds are considered to be Biblically Responsible Investments (BRI).
All Timothy Plan Funds, including the Israel Common Values Fund, strategically avoid investing in areas such as abortion, pornography, anti-family entertainment industries and companies that promote non-traditional marriage lifestyles, as well as companies engaged in the production of alcohol, tobacco and casino gambling.
Arthur D. Ally, President and Founder of the Timothy Plan Funds, indicated that the underlying objective of the Israel Common Values Fund is to..."invest primarily in Israeli companies that our sub-advisor, Eagle Global Advisors, believes to be good, long-term investment candidates."
Why add a fund that focuses strictly on companies headquartered in Israel? Ally said, "We felt compelled to launch our new Timothy Plan Israel Common Values Fund to show support for the nation of Israel. We believe it will also be a good investment which will further diversify our family of funds."
Ally continues, "In Scripture God made a covenant to Israel which says, 'I will bless them that bless thee, and curse them that curseth thee.' Recent times indicate that our nation as well as the current administration is beginning to turn its back on the only real ally we have in the Middle East. I might add, certain churches in America are leaning in the same direction through a non-biblical doctrine of 'Replacement Theology.'"
With only a couple of other funds focusing on Israeli companies and none which screen for moral issues, Ally thinks investors will find Timothy's offering very attractive. "We believe there are a lot of investors that understand the value of such a fund from both a show of support for Israel and a possible economic long-term growth of capital perspective. Should all of somebody's investable assets be placed in this Fund? No, but it certainly deserves consideration in their overall asset allocation formula."
For more information on the Timothy Plan Israel Common Values Fund or to schedule an interview with Arthur Ally, please call 800-846-7526 or email [email protected].
SOURCE Timothy Plan
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