Six ETFs for altruistic investors
21 Sep 17
As the proportion of socially responsible assets has soared, from 3.4% in 2014 to 22% today, the range of ETFs designed to capture this demand has grown. Sam Dickens, assistant portfolio manager at IG, looks at some of the best impact ETFs on offer.
This ETF provides a solid core to any socially responsible portfolio, Dickens said.
It invests globally but excludes certain industries such as weapons manufacturing and adult entertainment.
“Its expense ratio of 0.6% is admittedly higher than some of our favourite low-cost global ETFs — see the HSBC MSCI World UCITS ETF which charges just 0.15% for comparison.
“However, it has outperformed HSBC’s offering by an impressive 0.78% so far this year, proving itself as value for money as well as promoting sustainable investing.”
