Five ethical fund picks for investors looking to do good
By Sonia Rach, 1 Oct 18
Analysts reveal their top picks among UK funds
The EdenTree Amity UK fund is co-managed by Sue Round and Ketan Patel.
Over a one-year, three-year and five-year period, this fund has returned 4.9%, 22.9% and 40.9% respectively, lagging the IA UK All Companies’ returns of 6.7%, 32.8% and 43.3%.
Despite underperforming peers in the sector, Darius McDermott, managing director at Chelsea Financial Services highlighted the £148m ethical fund as one of his top picks.
He said: “As a pioneer of responsible investing, EdenTree offers even the most discerning client a justifiable investment opportunity.
“The Amity UK fund has been run by Sue Round, one of the country’s longest-serving ethical managers, for more than three decades. The fund invests in a large number of smaller and medium-sized UK companies.”
Tags: ESG
