Join us at Workfest for expert advice on kickstarting your career x

How do I choose a good ethical fund?

(5 Posts)
Mosling Thu 20-Mar-14 14:15:04

I want to put some money, about 2k, into an ethical stocks and shares fund for dd 2 and then never look at it again. She's 18 months and it still hasn't happened as I get too bewildered by the choices.

How do I compare ethical funds? I looked at Trustnet and it confused me mightily. I just want to look at simple things like performance and top 10 holdings across the sector, I can figure out th ethical bit alone but not performance.

Help?

painting2014 Thu 20-Mar-14 15:48:13

Hi, we have a Junior ISA for our toddler which has £50 per month invested in it.

We set it up via Cavendish online and it is a Fidelity Junior ISA.

If you do a funds search on the funds supermarket part of the Fidelity website there is a tick box (it might be an advanced search) where you can tick ethical funds so it only shows you those and it has fund factsheets etc.

The fund we chose is the Kames Ethical Cautious Managed Accumulation fund (AEECA)

Personally I had read that this one was regarded as quite 'dark green' and strict about the ethical criteria and did reasonably well in the top tables.

I think you can do a lump sum and opt for 'phasing' so that your lump sum is divided in six and is invested over six months rather than in one go.

This article is about the best ethical funds:
http://www.theguardian.com/money/2013/oct/12/what-best-ethical-funds

painting2014 Thu 20-Mar-14 17:42:59

Also, you might want to take a look at this:
http://www.thisismoney.co.uk/money/diyinvesting/article-1718291/Pick-best-cheapest-investment-Isa-platform.html

Mosling Fri 21-Mar-14 18:29:15

Ooh, thanks painting that's exactly what I was after. Maybe dd 2 will get savings after all smile

wlapmama Mon 24-Mar-14 21:45:34

Hi, have you seen these 2 guides?

Guide to Sustainable Investment
http://blueandgreentomorrow.com/reports/the-guide-to-sustainable-investment-2014/

Guide to Ethical, Sustainable Financial Advice
http://blueandgreentomorrow.com/reports/the-guide-to-ethical-sustainable-financial-advice-2013/

Guide to Sustainable Funds
http://blueandgreentomorrow.com/reports/the-guide-to-sustainable-funds-2013/

Declaration of interest - I designed the top one and my husband owns the UK's leading ethical and sustainable investment magazine.

Having said that I hope these guides will really help you.

Em x

Join the discussion

Join the discussion

Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.

Register now