Investment News Ethical Investment Outlook Remains Positive Despite IMA Statistics 18469750
Ethical investment outlook remains positive despite IMA statistics
11 August 2009 / by Rebecca Sargent
Net sales of ethical investment funds that were open to investors looked positive during the second quarter of 2009, the UK Sustainable Investments and Finance association (UKSIF) has revealed.
The news follows statistics from the Investment Management Association (IMA) that show net retail sales of ethical funds in minus figures for the second quarter of 2009.
However, according to the UKSIF, the negative net sales figure of -£18.4million was caused by a single ethical investment fund closing near the end of the quarter.
Commenting, Penny Shepherd MBE, chief executive of the UKSIF said: “Advisers need to look behind the quarter’s headline figures to get the true story. Ethical investors have remained loyal to their funds.”
In fact, according to the UKSIF, the negative ethical investment figures were the first since 1992, Ms Shepherd adds:
“IMA data would have shown positive net sales for the quarter if one fund had not returned assets to investors in June, according to our information from product providers. The closure caused an outflow that month after net inflows in both April and May.”
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Global Eco Trends Fund | More Info > |
| Socially responsible fund that aims to achieve long-term capital growth. Save 100% on Initial Charges. | ||
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Jupiter Ecology | More Info > |
| The objective of the Fund is to achieve long-term capital appreciation together with a growing income consistent with a policy of protecting the environment. The Fund’s investment policy is to invest worldwide in companies which demonstrate a positive commitment to the long-term protection of the environment. See latest fund factsheet for details. | ||
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Ecclesiastical Amity International | More Info > |
| Income Paid Quarterly. The Fund aims to achieve long term capital appreciation and a reasonable level of income by investing principally in International companies. The Amity International Fund seeks to invest in a portfolio of companies which make a positive contribution to society and the environment through sustainable and socially responsible practices. The Fund seeks to avoid investment in certain areas such as companies which have a material involvement in alcohol, tobacco and weapon production, gambling and publication of violent or explicit materials. See latest fund factsheet for details. | ||
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Schroders Global Climate Change Fund | More Info > |
| The Fund’s investment objective is to provide capital growth primarily through investment in equities and securities of worldwide issuers which will benefit from efforts to accommodate or limit the impact of global climate change. Investment will be primarily in directly held transferable securities. The fund may also invest in collective investment schemes, cash, deposits, derivatives, warrants and money market instruments.See latest fund factsheet for details. |
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