ASI UK Ethical Equity Inst A

Willis Owen Research Commentary

Long-standing manager Lesley Duncan follows a strict ethical approach. This involves applying both negative and positive criteria, with a number of companies and industries screened in or out of the universe depending on their impact on the environment or society. Exclusions include: companies that cause environmental damage, animal testing, genetic engineering, intensive farming, alcohol, gambling, pornography, tobacco and weapons. Positive inclusions include: environmental technology and pollution control companies, companies that promote equal opportunities, companies that donate to charities or are strongly involved in the community, and companies with good principles of business behaviour and ethics. We believe the fund is a good choice for anyone who wants to embrace a socially responsible approach to investing in the UK

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