Standard Life launches Euro ethical fund

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STANDARD Life Investments is set to roll out a European Equity Ethical fund on September 24 aimed at investors concerned with social and environmental issues.

Benchmarked against the IMA Europe ex UK sector, the fund’s target is for performance to be consistently above the average fund in the sector for periods of up to one year. Stuart Fraser, lead fund manager of the European Equity Ethical fund, explained: “The fund is ideally suited to investors looking for long-term capital growth and who are excited by the prospects of the dynamic environment of Europe’s stock markets. 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. “We w...

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