How is the Impact Score of My Mutual Funds Calculated?
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π¦ Mutual funds are evaluated just like ETFs β your score is based on how much of each fund you own and that fundβs internal score.
This score is still a weighted average and reflects the Biblical alignment of the companies inside each fund.
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π Formula:
β(Fund A Score Γ % in Portfolio) + (Fund B Score Γ % in Portfolio) + β¦
βExample:
$9,000 in Fund A (Score = 20)
$1,000 in Fund B (Score = 80)
π Score = (20 Γ 0.9) + (80 Γ 0.1) = 26
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π§ Bigger fund positions = more influence.