SL to launch Euro ethical fund

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Standard Life has announced its new European Equity Ethical fund will be open to investors on 24 September.

It says the fund will appeal to those seeking European equity exposure which reflects concerns on social and environmental issues. Fund lead manager Stuart Fraser says the fund is ideally suited to investors with long term capital growth in mind. "We will be looking to invest in companies that meet our existing ethical criteria and will actively exclude companies that fail to meet with prescribed standards,” he says. “We will include however, companies whose business activities are regarded as making a positive contribution - in terms of preserving the environment or improving the qualit...

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