Fund Name | SRI Style | Product | Region | Asset Type | Launch Date | |
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Halifax Ethical Fund | Ethical | OEIC/Unit Trust | Global | Equity | 07/01/1994 | |
As at: 31/01/24 |
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Overview |
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FiltersFund information |
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PolicyObjectives and investment policy To achieve capital growth by investing in companies which are considered ethical, taking into account their primary activities and how they behave in achieving these. The Fund is actively managed by the Fund Manager who chooses investments with the aim of outperforming the MSCI All Country World Index by 2% per annum on a rolling 3 year basis, before deduction of fees. At least 80% of the Fund will invest in UK and overseas companies, including emerging markets, which will be selected using a HBOS Investment Fund Managers Limited defines an ethical screen which means that the Fund will not invest, or investment is limited, in certain industries or companies. This approach is taken with companies whose products or services contribute to: social problems; destruction of human life; human rights or labour abuses; environmental damage; animal testing for cosmetic purposes and irresponsible corporate practice. After screening for ethical criteria the Fund Manager selects investments based on a company’s growth prospects, market valuation and business risks. In addition the Fund Manager engages with investee companies to monitor their compliance with international standards and promote ethical standards. The Fund will also take into account companies that demonstrate their involvement in the community and that have transparent and accountable corporate policies. The Fund retains a level
(Source: KIID, as at Janaury 2024)
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Process |
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Resources, Affiliations & Corporate Strategies |
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LiteratureLast amended: 05/01/24 11:39 |
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05/04/2024