Florida hunters planning to hunt deer, moose or elk out of state this year need to be aware of certain laws and regulations aimed at preventing chronic wasting disease from entering our state.

CWD is a contagious neurological disease that has been found in captive and wild cervids (white-tailed deer, mule deer, moose and elk) within 22 states, two Canadian provinces and in South Korea. The disease causes degeneration of the brains of infected animals, resulting in emaciation, abnormal behavior, loss of bodily functions and death. There is no known evidence that CWD can be transmitted to livestock or humans.

Hunters need to know that it is against the law to bring into Florida whole carcasses of any deer from any of the above-listed areas. The purpose of this measure is to prevent CWD from being brought into the state. The infective agent is more likely to be concentrated within the brain, eyes, spinal cord, lymph nodes, tonsils and spleen of the animal. This infective agent, called a prion, can be accidentally deposited into the environment, where it can remain for years and can infect other deer. Many states have a prohibition in place that is similar to Florida’s.

It is OK, however, to bring into Florida deboned meat and finished taxidermy mounts, tanned hides, cleaned skulls, antlers and teeth from any of these places, as long as all soft tissue has been removed.

The disease has been detected in New Mexico, Utah, Colorado, Wyoming, Kansas, Minnesota, Oklahoma, Montana, South Dakota, Nebraska, Wisconsin, Illinois, Iowa, New York, Pennsylvania, West Virginia, Michigan, Virginia, Missouri, North Dakota, Maryland, Texas, Alberta and Saskatchewan Canadian provinces, and in South Korea.

For more information about CWD or this rule, visit the Florida Fish & Wildlife Commission website. The site also provides links to wildlife and health agencies with more in-depth information about the disease.

Please report deer found sick or dead of unknown causes to the CWD hotline, 866-CWD-WATCH (866-293-9282).

This article originally appeared on Crestview News Bulletin: Floridians hunting deer out of state need to be aware of CWD laws

Over the past several years, you might have heard about socially responsible investing, sometimes known as “sustainable investing” or “ethical investing.”

Probably the most common way to take part in this type of investing is through socially responsible mutual funds — but are these funds suitable for your overall financial goals?

You need to become somewhat familiar with how these types of mutual funds operate. Basically, managers of socially conscious funds seek to own companies that, in various ways, may promote such things as human rights and environmental and consumer protection. These managers also typically “screen out” those companies involved with the military, tobacco, alcohol and other industries involved with products or services that may be controversial.

So you may ask yourself, after these qualifications are imposed and screens are applied, can socially responsible mutual funds still find the right investments to earn a reasonable rate of return?

Yes  — the performance of many of these funds has been comparable to that of non-screened funds.

Furthermore, performance of socially responsible funds can be tracked and measured against other funds with similar objectives. Socially responsible funds even have their own index — the Domini Social 400 Index. While this index is not managed, and you can’t invest directly in it, you will find it a useful tool should you decide to invest in socially responsible funds.

Yet, despite these factors, there is at least one potential drawback to investing in socially responsible mutual funds: lack of diversification.

The problem isn’t so much that an individual socially responsible fund may not be properly diversified, although that could happen, given the necessity to screen out entire industries. The bigger issue is that the universe of socially responsible funds is much smaller than that of other funds, and socially responsible funds, by definition, resemble each other to a certain extent. Consequently, you may have a hard time achieving a diversified portfolio of socially responsible funds across different asset classes — small, mid-size and large companies, “value” stocks, international stocks, etc. — that is so important when investing.

Diversification, by itself, cannot guarantee a profit or protect against a loss. However, the more asset classes you can diversify into, the better opportunity you have to help reduce volatility's effects on your portfolio. This helps explain why socially responsible portfolios tend to have more volatile returns and are more susceptible to sharp downturns during bear markets than non-socially responsible mutual funds. 

Before you invest in a socially conscious fund, or any mutual fund, for that matter, read the prospectus carefully, because it describes the fund’s investment objective, risks, charges and expenses. In the investment world, knowledge is power.

Ultimately, in evaluating socially responsible funds, you will have to decide just how much your sense of social responsibility will affect your investment choices. So take your time, evaluate all the factors involved, consider the alternatives — and make decisions that are right for you.

Joe Faulk is a Crestview financial adviser.

This article originally appeared on Crestview News Bulletin: FINANCIAL FOCUS: Are socially responsible funds right for you?