Altius ethical fund added to second platform
The Altius Sustainable Bond Fund has been added to the netwealth platform following its inclusion on Emerald Wrap earlier this year.
The diversified Australian fixed interest fund was added in response to more investors seeking ethical funds according to netwealth, joint managing director, Matt Heine.
"Recent research findings from our members and investors show they are interested in accessing more ethical and sustainable options, and we are committed to providing a wide range of investment choices in response to those demands," Heine said.
Altius, chief investment officer, Bill Bovingdon said there were currently few options available to investors looking for fixed interest investments with a sustainable overlay.
"While there have been equity funds available for some time that are managed with reference to environmental, social and corporate governance (ESG) principles, the same hasn't been true of fixed income funds,". Bovingdon said.
"But we were aware there was demand for such an option, and since launching the Fund we have seen a very high level of interest, particularly from not-for-profit organisations."
The fund aims to outperform the better of the Bloomberg AusBond Composite Index by one percent per annum and the RBA cash rate through a cycle, before fees, and since inception in November 2014 has returned 3.05 per cent to 30 June 2015.
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Jason Spits
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