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J Business world offers options By Ami Elgert Staff Reporter _ By simply investing money in a stock or bona or pur chasing certain checks, a person can support national so cially conscious organizations. The Pax World Fund is a mu tual fund that invests in compa nies that produce life-suppor tive goods and services, accord ing to Ben Lovell, contract admin istrator of Pax World Fund, Inc. Monies put into the Fund are invested in industries dealing with health care, pollution control, food and similar items, Lovell said. The Fund does not invest in war-related or weapon-related industries, Lovell added. Pax also avoids the liquor, tobacco and gambling industries. A mutual fund is a corporation formed to invest in diversified securities, Lovell said. The Pax World Fund is a no-load diversi fied mutual fund. "A no-load mutual fund is a mutual fund with no sales chaige," Lovell continued. A transaction fee may be charged to the investors if they go through a broker, dealer or financial plan ner, Lovell said. But with Pax, all monies are fully credited to the shareholder's account. Stocks that have appreciated, either through buying or selling, have made it possible to pay share holders a dividend as well as an additional capital gains payment, Lovell said. "A minimum of $250 is needed to invest in the Fund," Lovell said. Additional shares can be added any time in increments of $50 or more. Since 1971, the company has grown popular and continues to grow every year, he said. Lovell said the company started in 1991 with total assets of $120 million, and within three months, had reached $150 million. However, the Pax World Fund is not yet available in three states because of lack of interest, he said. Those states are Nebraska, North Dakota and South Dakota. "The Fund is doing extremely well in most states," he said, "and more interest in the other three states will lead us to pursue them." Another alternative for show ing enthusiasm in support of a better world is by buying Mes sage! Checks, according to Pris cilla Beard, principal of Message! Checks Corp. The printed checks carry the same banking information as regu lar checks except for the specially designed background, Beard said. Individuals can choose which organization they would like to support and pick the appropriate logo or design for their checks, she said. Message! Checks make it pos sible for individuals to make a statement in support of Green peace, National Audubon Society, People for the Ethical Treatment of Animals or the National Or ganization for Women, she ex plained. "A minimum of $1 from each order is given to the endorsing group," Beard said. This money can translate into thousands of dollars annually for the continu ation of work done by these four organizations. "Every time you write a check, it starts a conversation," Beard said. The cost of the checks i s compa - rable to thepriceof regularchecks, she said. Tney range from $14 to $16.95 for 200 checks. "We were the first company to offer checks through the mail," Beard said. "We are now in our sixth year of business and we are continuing to grow." Group pursues ecological goals By Mary Overholt Staff Reporter Law senior Dave Regan, co-founder of Ecology Now, wishes more people would get involved in the group to make a bigger environmental difference. But overall Regan said he is satisfied with tne group's accomplishments since its 1989 beginning. About 200 members are registered with the group, he said, and about 50 members form an active core. Regan s%id the group's , objective has been to educate die public and teach individu als ways to make a positive change in the environment. That philosophy has spread to the University of Nebraska-Omaha and Kear ney State, he said, where af filiated groups have been founded. At UNL, Ecology Now is affiliated with the Student Educational Awareness Coa lition, SEAC, a national or ganization that provides in formation, support and ad vice, Regan saia. The group looked into affiliating with Greenpeace, Regan added, but the national group's projects were con sidered too long-term and the dues were expensive. Ecology Now is involved in enough projects without See ECOLOGY on 11 -III Ml | I William Lauer/Daily Nebraskan Jeff Riggert, a junior biology major, arranges Ecology Now T-shirts Friday, April 19th, during the Peace Fair on the Union Plaza. i