About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Saturday, August 23rd, 4:58PM
rss
Latest Headlines

More options for ethical investors

Credit Suisse First Boston has introduced a new ethical fund to the New Zealand market.

Friday, February 16th 2001, 7:04AM

Investors wanting to invest some or all of their money into ethical funds are starting to get a greater range of alternatives.

AMP Henderson Global Investors started promoting its UK-based ethical fund in New Zealand last year. Credit Suisse First Boston, this week, started promoting Jupiter Asset Management's new Global Green investment trust, and one other ethical fund, this time a unit trust will be launched by a major fund manager in the next few months.

Jupiter is one of the bigger ethical managers, and currently looks after about £355 million ($1.24 billion) in socially responsible investments.

Jupiter Global Green will invest in companies that either provide products or services that contribute to social and environmental improvement or act in a way that reduces the adverse external impacts of their operations.

Examples of beneficial products and services, which fall into favoured investment themes, include environmental technologies, waste recycling, public transport and the quality of food manufacture.

As part of the investment process the manager will consider adherence to health, safety and environmental policy standards, management of operations to ensure minimal environmental impact, publication of social and environmental performance reports and implementations of conduct for labour standards.

The company will also seek to avoid investing in industrial activities, which are believed to be incompatible with environmental and social goals.

These include: the manufacture of tobacco products, Nuclear power, Manufacture of armaments and any company which conducts or commissions animal testing carried out for cosmetic and toiletry purposes.

The new company will be run by Simon Baker head of Jupiter’s green investment department. Baker already manages the Jupiter International Green Investment Trust, which has returned 222% since its launch in 1993, and is due to be wound up in March this year. Jupiter Global Green will act as the rollover vehicle.

For more information on the Jupiter Global Green Fund - click here

To download an Investment Statement - click here

Good Returns is running a regular monthly column on ethical investing. The second of these, describing the different ethical investing styles can be found in the features section -

« Wider profile sought for new property companyGet your tax questions answered online »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
  • Van Eyk shareholder wants out
    “Feel a bit sorry for the dozen or so advisers that joined/ supported Van Eyk, hardly their fault but unlikely to be a brand...”
    21 hours ago by interested
  • van Eyk suspends fund redemptions
    “This event demonstrates the challenges in remaining an independent research house, when you're also a manager of money (assuming...”
    1 day ago by Pragmatic
  • van Eyk suspends fund redemptions
    “http://www.theaustralian.com.au/business/companies/further-strife-hits-van-eyk/story-fn91v9q3-1227031253622# quote- THE...”
    1 day ago by Hmmm
  • It's always the adviser's fault - not
    “How are we supposed to keep up with continually changing policy terms, conditions, wordings and exclusions? Then a new company...”
    1 day ago by Andy
  • It's always the adviser's fault - not
    “I am sure we have all had it at times a client will ask us to go through their policy document to highlight what they have....”
    1 day ago by Mark Ogden
Subscribe Now

Weekly Wrap

Previous News

MORE NEWS»

Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AMP Home Loans 7.24 5.99 6.39 6.65
AMP Home Loans $200k+ 7.14 5.89 6.29 6.55
AMP Home Loans LVR <80% - - 5.85 6.29
ANZ 6.74 6.05 6.49 6.65
ANZ LVR > 90 6.74 6.55 6.99 7.15
ANZ Special - - 5.99 -
ASB Bank 6.75 6.09 6.40 6.65
ASB Bank Special - - 5.99 -
BankDirect 6.75 6.09 6.99 6.65
BankDirect Special - - 5.99 -
BNZ - Classic - - 5.99 6.25
Lender Flt 1yr 2yr 3yr
BNZ - GlobalPlus 6.74 5.99 6.39 6.59
BNZ - Mortgage One 7.15 - - -
BNZ - Rapid Repay 6.74 - - -
BNZ - Std, FlyBuys 6.74 5.99 6.39 6.59
BNZ - TotalMoney 6.74 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.45 5.90 6.50 -
Credit Union North 6.45 - - -
Credit Union South 5.75 - - -
eMortgage 6.04 6.15 6.69 7.19
Finance Direct 6.10 6.45 6.69 7.10
Lender Flt 1yr 2yr 3yr
First Credit Union 6.45 - - -
General Finance 5.95 6.25 6.50 7.10
HBS Bank 6.15 5.85 5.99 6.25
HBS Special - - - 5.95
Heartland 6.45 6.75 7.00 7.60
Heretaunga Building Society 6.25 5.85 6.50 -
Housing NZ Corp ▲6.74 ▼5.99 ▼6.19 6.60
HSBC Premier 6.84 5.95 ▼5.95 ▲6.55
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 6.75 5.99 6.39 -
Lender Flt 1yr 2yr 3yr
Kiwibank 6.40 5.99 6.39 6.65
Kiwibank - Capped 5.65 6.50 - -
Kiwibank - Offset 6.30 - - -
Kiwibank LVR > 80% - - 5.99 -
Liberty 5.64 - - -
Napier Building Society 5.80 6.00 6.70 -
Nelson Building Society 6.95 6.15 6.60 -
NZ Home Loans 6.85 6.09 6.40 6.65
Perpetual Trust 7.70 - - -
RESIMAC LVR < 80% 6.59 ▲6.35 ▲6.58 ▼6.77
RESIMAC LVR < 85% - - - -
Lender Flt 1yr 2yr 3yr
RESIMAC LVR < 90% - - - -
RESIMAC LW DOC - - - -
SBS Bank 6.15 5.85 5.99 6.25
SBS Bank Special - - - 5.95
Silver Fern 5.95 6.10 6.55 7.05
Sovereign 6.85 6.09 6.40 6.65
Sovereign Special - - 5.99 -
The Co-operative Bank 6.70 6.00 6.00 6.25
TSB Bank 6.74 6.00 6.19 6.60
TSB Special - - 5.80 -
Wairarapa Building Society 6.20 5.75 5.95 -
Lender Flt 1yr 2yr 3yr
Westpac 6.59 6.09 6.39 6.65
Westpac - Capped rates - 6.74 6.99 -
Westpac - Offset 6.59 - - -
Westpac Special - - 5.99 -
Median 6.64 6.03 6.39 6.65

Last updated: 22 August 2014 10:14am

News Quiz

Pathfinder's monthly commentary questions whether world equity markets are in bubble territory given the S&P500 has done what since "the grim days of early 2009"? Their answer is worth reading!

increased 139%

increased 93%

increased 39%

increased 19%

increased 193%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by PHP Developer and eyelovedesign.com