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ethical fund

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Ethical fund
See: Social conscious mutual fund.
ethical fund
A mutual fund that limits investment alternatives to securities of firms meeting certain social standards. For example, an ethical fund might exclude securities of companies that are known to practice discrimination, that operate in certain countries, or that produce specific products (for example, those having to do with nuclear weapons or nuclear power plants). Ethical funds include the Dreyfus Third Century Fund, the New Alternatives Funds, and the Working Assets Fund, among others. See also social investing.
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They learned of Jacob's work, and in 1983 offered to manage an ethical fund with investment criteria determined by a separate committee.
Investing with principle: ... ethical investment movement in the UK by Kenneth Noble / For A Change
In Japan, Nikko Securities entered the field with an environmentally oriented fund and in Singapore UOB Asset Management and Unifem Singapore, the local chapter of the United Nations Development Fund for Women, recently launched the region's first ethical fund.
Domini Social Equity Fund Beats S& 500 for Third Consecutive Year by Business Wire
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