Ethical Fund

Investment Objective
This fund aims to achieve capital growth over the long-term by investing in companies whose activities are considered ethical, both in terms of their primary activities and the means of achieving them.

Investment Policy
The fund will select an international portfolio of companies with above average potential for growth. The majority of the portfolio will be invested in the following areas:

• pollution control;
• environmental protection;
• efficient utilisation of material and energy resources;
• clean fuels and alternative energy systems;
• healthcare services and medical technology; 
• enabling technologies considered to be beneficial to society.

Additionally, the fund will strive to avoid those companies whose activities could be considered to be ethically unacceptable.

Risk/Return Relationship
The Ethical Fund is an adventurous risk fund. This principally derives from its international nature (i.e. currency risk) and the restriction on the degree of diversification that is possible within the parameters of the investment policy. These result in higher risk.

Further Information

Ethical Fund factsheet (PDF new window)

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