The ADL’s war on socially conscious investing is in service to Israel and the new oligarchy.
By Felice Gelman March 17, 2025 4
Early this year investment research firm Morningstar caved to a multi-year ADL pressure campaign and exempted Israel from its socially responsible investing ratings. This success in exempting Israel from investor accountability is just the beginning.
In late February, just in time for its annual “Never is Now” conference, the ADL announced it had created an exchange traded fund (ETF), stock symbol TOV, so people could invest according to “Jewish values.” However, it will likely not surprise you that TOV, Hebrew for good, it turns out is not so tov.
The fund’s “Jewish Values” include investments in the major oil companies, the major defense contractors, and surveillance and spyware specialists like Palantir and Crowdstrike. In fact, the only S&P 500 companies excluded from TOV are two tobacco companies, a company that mines tar sands, and General Mills because that company sold its stake in a Jerusalem-based subsidiary. (see below for the full article)