Ethical Mutual Funds

Ethical mutual funds pertain to the mutual fund options offered by the Ethical Funds Company. These Ethical mutual funds are said to offer responsible yet profitable investment options to the investor. These Ethical mutual funds invest in sustainable and ethical projects that work with the investors’ core social values.

The Ethical Funds Company evaluates its Ethical mutual funds based on an internal Corporate Sustainability Scorecard. This assesses investment options in terms of its environmental, cultural and social impacts. Of course, the Ethical mutual funds are also measured according to their profitability and prospects of growth.

There are eleven stand-alone Ethical mutual funds. This includes the Ethical Income Fund, the Ethical Monthly Income Fund, the Ethical Canadian Dividend Fund, the Canadian Stock Fund, the Ethical Global Equity Fund and more.

The Ethical Income Fund is an Ethical mutual funds option that seeks to provide high current income, at the same time, sustaining the original investment. Investments under this fund include Canadian government bonds, securities and debentures. This mutual fund also delves into money market securities every now and then. Risks here are comparatively moderate to low.

On the other hand, the Ethical Monthly Income Fund seeks to provide both steady income and capital gains. Sustainable growth is still a key factor, of course. The risks are moderate; however, the management fees are slightly higher.

The Ethical Canadian Dividend Fund seeks to balance returns that combine capital gains and dividends. Investments are mostly made in Canadian companies. The risks are moderate; and the management fees are higher.