Five ethical fund picks for investors looking to do good
By Sonia Rach, 1 Oct 18
Analysts reveal their top picks among UK funds
McDermott’s second pick is the Rathbone Ethical Bond fund.
Co-managed by Bryn Jones and Noelle Cazalis (pictured), the fund invests in quality investment grade bonds and has a high income target.
It has what McDermott describes as a “simple” exclusionary process, avoiding companies that come from the mining, arms, gambling, pornography, animal testing, nuclear power, alcohol or tobacco sectors.
Investments must also have at least one positive environmental, social or corporate governance quality.
According to FE, it has outperformed against the IA Sterling Corporate Bond sector with returns of 0.4%, 16.4% and 33.2%, against -0.3%, 12.1% and 23.8%, on a one-year, three-year and five-year basis.
Tags: ESG
