The portfolio that invests based on the bible’s good word has some new encouraging numbers and new vice president.

Robert A. Gualtieri has been named vice president of marketing for the Noah Fund, which also reported a 14% increase in assets from 2002 to 2003. As a member of the Fellowship of Christian Financial Advisors and an advocate of investing in a "Christian" manner, he seems a perfect fit for the conservative fund.

The Noah Fund, a $9 million large-cap growth offering, does not invest in companies with any type of direct or indirect relationship to alcohol, tobacco, abortion rights or pornography. It is based out of Newtown Square, Pa., and has been in existence since 1996.

Company President and Chairman William L. Van Allen Jr. said of Gualtieri’s appointment: "We know there a number of mutual [fund] investors who are looking to invest in a Christian fund through financial planners. Bob will help us broaden our outreach."

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