Ethical Partners Funds Management has launched the Ethical Partners Australian Share Fund, an ethical fund which will invest in 30 to 50 stocks on the S&P/ASX 300.
Ethical Partners Funds Management is a bottom up stock picker and uses its proprietary Ethical Partners Operational Risk Assessment (EPORA) to select stocks. The EPORA will exclude: companies that have operations in the gambling, alcohol, tobacco, uranium, weapons, predatory lending, coal, and CSG industries; companies that have operations in more corrupt countries; companies with poor human rights records; and companies with poor environmental records.
The fund aims to outperform its benchmark - the S&P/ASX 300 - over the medium to long term and to provide investors with long term capital growth and regular income. It is open to institutional, professional and sophisticated investors with a minimum investment amount of $25,000.