Aegon Asset Management is building on its experience of investing in stocks with an ethical stance with the launch of the first retail ethical cautious managed fund.
Scheduled for launch on Thursday 1st March, the fund carries the usual charging structures but is investing its assets in what the firm considers to be “dark green” bonds and equities. Aegon lists its “dark green “criteria as those stocks and bonds which have no connections with: Animal welfare issues – ie animal testing, intensive farming, abattoirs or slaughterhouses Environmentally damaging activities, such as PVC, ozone depleting chemicals, hazardous pesticides or which have been convicted of serious pollution offences Military Nuclear Power Political Donations, of mor...
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