Free Enterprise Action Fund

The Free Enterprise Action Fund is a shareholder activist mutual fund (Ticker: FEAOX) that seeks long-term capital appreciation while aggressively challenging CEOs who use shareholder assets to advance the liberal political agenda which threatens long-term shareholder value, the free enterprise system and individual liberty. Why does the FEAOX enga... ge in shareholder activism? Because corporations frequently influence the resolution of major public policy issues, CEOs who promote the liberal agenda can use corporate resources to overwhelm efforts to advance the cause of individual liberty and limited government. In addition, CEOs who base business strategies on government mandates, and appeasing social and political activists put future profitability at risk. Investing in the FEAOX provides a unique opportunity for individuals to bring their values to the boardroom while having an opportunity to make a return on their investment. The FEAOX confronts CEOs who participate in the "liberal-industrial complex" -- the alliance of Left-wing investors and corporate managers, special interest groups and politicians -- who collaborate to advance the liberal agenda. A recent Wall Street Journal commentary by Paul Gigot described the interplay of these forces in the Fannie Mae and Freddie Mac bailout: The abiding lesson here is what happens when you combine private profit with government power. You create political monsters that are protected both by journalists on the left and pseudo-capitalists on Wall Street, by liberal Democrats and country-club Republicans. Other Examples: Global Warming: Liberal activists and politicians are working with CEOs to construct a massive regulatory scheme that will likely lead to a massive growth in government, higher energy prices for consumers and reduced corporate profitability. Social Security Reform: Union pension funds convinced CEOs not to support efforts to reform social security. Entitlement reform is not likely to succeed without the financial backing of business. Health Care: ...Read More