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For
Immediate Release: Monday 13 October 2003
ETHICAL INVESTMENT
A guide to ethical and socially responsible investment
funds
Many investors nowadays want to be sure
their money is supporting only those types of business
activities of which they approve – whether avoiding
particular industries or investing in companies following
the best environmental practices.
This updated IMA fact sheet explains
that there is a choice when investing for those that have
concerns. It helps you learn more about ethical funds – how
to identify what you want from your investment, how to
choose the right ethical fund and how to understand the
difference between positive and negative screening criteria.
It shows that investing
ethically does not necessarily lead to poor performance,
that you don’t have to pay a price for your principles.
Saving £50 a month in the average UK Ethical fund over the
last 15 years, for example, would have delivered a total sum
of £13,505, compared to £13,380 in the average UK All
Companies fund and £11,847 in the average Global Growth fund.
Richard Saunders, IMA Chief Executive,
said:
“Many investors are keenly
interested in socially responsible investing. The fund
management industry has responded positively to that
interest by developing a wide range of products. This
fact sheet will help socially responsible investors
understand the options now available to them.”
Readers interested in obtaining a free
copy of the
Ethical Investment fact sheet can call the Unit
Trust Information Service on 020 8207 1361. IMA’s
publications can also be found by visiting the IMA website
at
www.investmentuk.org (IFA’s interested in obtaining
multiple copies should call Selina Staines on 020 7831
0898).
Source: IMA, based on the average returns from payments
of £50 per month into the average UK Ethical Fund,
compared to the average UK All Companies Fund and the
average Global Growth Fund with all net income
reinvested over 15 years.
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Ends -
For
further information, please contact:
Helen Stephenson,
Communications Officer, IMA,
020 7831 0898
Selina Staines,
Communications Co-ordinator, IMA,
020 7831 0898
65
Kingsway London WC2B 6TD
Tel:
+44 (0) 20 7831 0898 Fax:+44 (0) 20 7831 9975
www.investmentuk.org
Investment
Management Association is a company limited by guarantee
registered in England and Wales Registered number 4343737.
Registered office as above.
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