As at: 30/11/23

Overview

Filters

Fund information

Policy

Fund Aim

The Fund invests via the HBOS Ethical OEIC Fund. The HBOS Ethical OEIC Fund aim is: To achieve capital growth by investing in companies whose activities are considered ethical, both in terms of their primary activities as well as in the means of achieving them. At least 80% of the Fund will invest in global shares, including emerging markets. The Investment Adviser will select companies on the basis of a broad range of ethical and socially responsible criteria. These criteria include the environment, employee relations, product quality and business practices. The Fund is actively managed by the Investment Adviser who selects investments with the aim of outperforming the Index by 2% per annum on a rolling 3 year basis, before deduction of fees. The Investment Adviser is limited in the extent to which positions can vary to those of the Index. The limits help to provide a balance between the spread of assets within the Fund and risk management. They also provide a balance between the amount the Fund can vary from the Index and provides the Investment Adviser with flexibility to seek to outperform the Index. As a result, the Fund’s performance may differ substantially from the Index.

(Source: Factsheet, November 2023)

Process

Resources, Affiliations & Corporate Strategies

Literature

• Fund overview & literature (including factsheet)

Last amended: 06/02/24 11:29