An ETF is a managed fund that is traded on the Australian Stock Exchange (ASX). ETFs offer investors a simple and cost effective way to achieve diversification using socially responsible investments. With increasing demand for ethical investments, the number of ethical ETFs continue to rise.
A socially responsible managed fund pools together investors' money into a professionally managed investment portfolio of ethical investments. These are built and run by a specialist fund manager. Socially responsible managed funds are available for various asset classes, e.g. bonds and equities.
Investors can choose to buy shares directly in a company they consider to be socially responsible. However, WealthMaker believes in asset diversification and we generally do not recommend picking stocks. See our Financial Planning page or call us for more information.
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