socialmedian: Ethical investments: What shade of green will you choose?

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Ethical investments: What shade of green will you choose?

Source: www.guardian.co.uk

Nov 07, 2009

Summary

With National Ethical Investment Week about to start, Sarah Pennells guides newcomers through the three main types of fund and suggests where to go to find out more

You recycle, switch off lights and have a water butt. But is your wallet green? Tomorrow sees the start of National Ethical Investment Week (NEIW), a campaign designed to spread the message of ethical and green investing. Only 8% of people invest ethically, although 33% of those questioned by YouGov for NEIW said they would consider it in the next five years.

Ethical investing can be tricky to get to grips with if you are a first-timer. With dozens of different funds and some off-putting jargon, it is not surprising that some just plonk their cash in the first fund they come across.

But this is not the route to investing happiness. You might end up with a fund that bears no relation to your own ethical views or one with a great track record in ... abysmal performance. You do not need to be an ethical expert to invest £50 a month in an Isa, but it helps if you understand the basics.

There is no foolpro

...Read the full article

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