In recent years there has been an increasing interest in ethical funds. However, as with most moral or ethical issues, things aren’t always clear-cut and sometimes it can be difficult to decide where you would draw the line in terms of what companies do.
A category of investments known as Socially Responsible Investment (SRI) funds has developed, so that whilst most ethical funds fall within this category, SRI funds can support a much wider agenda. A good example would be where an ethical fund might never invest in a company that carries out animal testing, whereas a SRI fund could support animal testing if there is a sufficiently valid and justifiable reason for such testing.
We have access to schemes that offer access to thousands of different investment opportunities which cover the whole spectrum of funds, from the conventional through to SRI and also those who meet the stricter ethical criteria. This means that return on investment and risk factors can be considered along with your personal beliefs and opinions.
It’s an exciting time for us at Platinum because we believe some of our clients may be wanting to take a more socially responsible approach to their investments. If this is something that interests you, then please get in touch.