Fiducian launches SRI product

funds-management/Fiducian/SRI/

4 November 2015
| By Staff |
image
image
expand image

Vertically-integrated financial services house, Fiducian Group Ltd has launched a new product to the market - the Diversified Social Aspirations Fund.

The fund, launched on Monday, is being targeted at impact investors.

According to Fiducian, the fund invests in a blend of underlying funds and mandates that are either members of, or are certified by, the Responsible Investment Association Australasia (RIAA).

Fiducian investment manager, Conrad Burge said the share portfolios investments in companies that aimed to be positive for society and for the environment and aimed to avoid investments in harmful activities.

"Selected managers are expected to deliver a solid financial performance and therefore competitive returns from their portfolios," he said. "At the same time, their stock selection process must consider environmental, social, governance or ethical activities of the companies they choose for their portfolios."

Investments in the new product can be made through the Fiducian Superannuation Service or the Fiducian Investment Service.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago

TOP PERFORMING FUNDS