interactive investor has added two equity funds to its ACE 40 ethical rated list and revealed the top performers over the last year.
The firm announced that UBS MSCI UK IMI SRI ETF had been added as a Low-Cost UK Equity fund, while Montanaro European Income fund has joined as a European Equity Income fund. UBS MSCI UK IMI SRI ETF tracks the performance of the MSCI UK IMI Extended SRI Low Carbon Select 5% Issuer Capped index, which captures large, mid and small-cap stocks of the UK equity markets and represents the performance of companies that have lower carbon exposure and high ESG performance. Montanaro European Income Fund has a "strong and successful investment process that Montanaro Asset Management has been f...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes