Invested in the Family Charities Ethical Trust.
This fund aims to achieve growth by investing mainly in UK shares of companies that make up the FTSE4Good UK 50 Index in order to closely follow its performance. The fund typically invests in companies that meet globally recognised social, ethical and environmental corporate responsibility standards.
For inclusion in this index, companies need to demonstrate that they are working towards:
- Environmental management
- Climate change mitigation and adaptation
- Countering bribery
- Upholding human and labour rights
- Globally recognised supply chain labour standards.
The FTSE4Good UK 50 Total Return Index also avoids investment in companies involved in tobacco production, as well as companies manufacturing nuclear weapons and whole weapons systems.
For more details about this fund, you can view its fact sheet.
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