Five ethical fund picks for investors looking to do good
By Sonia Rach, 1 Oct 18
Analysts reveal their top picks among UK funds
Managed by Lesley Duncan (pictured) the Standard Life Investments UK Ethical fund is another McDermott pick.
The fund has consistently outperformed peers in the IA UK All Companies sector, according to FE, landing in the second quartile over one and three years and first quartile over five years.
“This fund encapsulates the best ideas from the experienced team at Standard Life Investments, which manager Lesley Duncan uses alongside a ‘no compromises’ ethical screening,” McDermott said.
“Lesley will have between 50 and 100 holdings, and will look to keep them for three to five years, expecting them to grow in value, and also provide some income, though this isn’t the key focus.”
Tags: ESG
