Australian Ethical Investments has added to its product suite with the launch of the Emerging Companies Fund.
According to Australian Ethical managing director Phil Vernon, the Emerging Companies Fund aims to provide investors with a choice to ethically invest their money in a diversified portfolio of shares in micro and small capitalisation companies.
“It leverages the deep expertise of our investment team and 20-year track record in managing small cap stocks within our Australian Shares Fund (previously the Smaller Companies Trust),” said Mr Vernon.
The fund manager also said it has made a number of changes across its product suite to deliver “greater accessibility” to investors and financial planners.
“To allow more people to access the benefits of ethical investing, we’re lowering our minimum investment amount for our retail funds to $1,000,” Mr Vernon said.
“For those investors with a regular investment plan, they can access the retail funds for an initial investment of just $500.”
Australian Ethical also said that most of its products will soon be listed via the ASX’s mFund platform.
“We believe these enhancements to our product suite position our investors to reap the rewards of ethical and responsible investments, and help us continue on our path of accelerated growth in this space,” Mr Vernon said.