What would you like us to do with the funds you've selected
Nearly three-quarters of investors would consider using an ethical investment trust if available, according to an F&C survey.
By Jonathan Boyd, Editor-in-Chief, Financial Express Monday June 07, 2010
F&C's latest monthly survey suggests nearly three-quarters, or 73.3 per cent of investors would consider using an ethical investment trust if one were available.
However, more than half of those who said they would make such a consideration also said it would depend on the trust's investment focus. The response comes as research group EIRIS says green and ethical retail investment in the UK has hit £9.5bn of assets under management (AUM).
F&C differentiates between environmental investment trusts, which have their own sector, and ethical funds - where investors are currently restricted to open ended funds. The latest monthly question highlights what it sees as demand for an ethical investment trust.
Mike Woodward, head of investment trusts at F&C Investments, says: "As one of the leading providers of open-ended ethical investment funds, we thought it would be interesting to see whether our investment trust customers felt they were missing out. What seems clear is that while investment considerations are the top priority for our respondents, investment trust investors remain open to the idea of ethical investment."
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