Christianity Today Reprints Eventide Faith & Business Article
“The 70,000 Minimum Wage,” a post from Eventide’s Faith & Business blog has been reprinted by Christianity Today magazine as an op-ed article, “Why ‘Overpaying’ Workers Makes Biblical and Business Sense.” In the piece, Eventide Funds’ Tim Weinhold examines a young CEO’s decision to significantly increase his lowest-paid workers’ salaries—and the reaction to the story when it broke.
Weinhold serves as Director of Eventide’s Faith & Business Initiative, and has served in a faith and business/investing thought leadership capacity with Eventide since its founding. He is also an adjunct faculty member of the School of Business, Government, and Economics at Seattle Pacific University. More of his writing for Eventide Funds can be read here.
Mutual Funds involve risk including the possible loss of principal. The fund can invest in smaller-sized companies which may experience higher failure rates than larger companies normally have a lower trading volume than larger companies. The Fund’s ethical values screening criteria could cause it to underperform similar funds that do not have such screening criteria. The fund can have risk associated with the biotechnology and pharmaceutical industry in which these companies may be heavily dependent on clinical trials with uncertain outcomes and decisions made by the U.S. Food and Drug Administration. The fund can have risk related to option investing. There are special risks associated with investments in foreign companies including exposure to currency fluctuations, less efficient trading markets, political instability and differing auditing and legal standards. The fund can have risk associated with a higher portfolio turnover which could result in higher transactional costs.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Eventide Gilead Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.eventidefunds.com or by calling 1-877-771-EVEN (3836). The prospectus should be read carefully before investing. The Eventide Gilead Fund is distributed by Northern Lights Distributors, LLC member FINRA.