TWO ETHICAL FUNDS

Although finding the right ethical investments is a personal choice, Moira O’neill of interactive investor has two recommendations to get you started***.

‘We like the Royal London Sustainable Diversified Trust,’ she says. ‘The ethical multi-asset fund filters out companies involved in common ethical no-nos, including tobacco, armaments and animal testing. The fund is a great example of why investing for good does not mean you will miss out on returns. It has consistently outperformed the sector average and ranks second for cumulative performance over three and five years.’

Another more niche option is VT Gravis Clean Energy Income Fund. ‘With a yield of 3.5%, the fund offers a decent income,’ says Moira. ‘It invests in a diversified portfolio involved in the funding, construction, operation and supply of clean energy. It is relatively new, having launched in 2017, but it is off to a promising start***.’