Ethical Funds

Many investors would like to put their money where their morals are by investing in companies that help rather than harm the planet, its people and its animals. However, some are put off ethical funds because of the perceived risk of investing in an ethically-restricted portfolio.

From 23 June, we are transferring the investment management of our Ethical Fund to Impax Asset Management Limited (Impax).

Impax is an investment management company specialising in investing in companies that are developing products and services to mitigate and solve some of the world’s most pressing environment problems. Investments are made in companies providing or using technology-based products or services in environmental markets, such as:

• alternative energy and efficiency
• water treatment and pollution control
• waste management.

For more information, please follow this link to view the client letter.

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Glossary.

Calls may be monitored and recorded for training purposes and to avoid misunderstandings.
Issued by Skandia Investment Management Limited, a member of the Skandia group of companies. Authorised and regulated by the Financial Services Authority. FSA Register number 208543. www.fsa.gov.uk/pages/register/. Registered number: 4227837 England. Registered Office: Skandia House, Portland Terrace, Southampton, SO14 7EJ, United Kingdom.