Ethical investment funds are leading most investment categories, according to data from the February Mercer survey of managed and superannuation funds.
The report found that Australian Ethical’s domestic equities portfolios consistently outperformed with below average volatility and in some cases for over 20 years.
The company’s diversified equities fund, the Larger Companies Trust, was both the top performing socially responsible investing (SRI)/ ethical fund over the 12 months ending 28 February, and the top performing fund in the Mercer All Growth Survey of Retail funds.
The Trust has a 25 per cent allocation to the Australian Ethical International Equities Trust with 75 per cent allocated to companies listed on the Australian Securities Exchange, according Australian Ethical’s chief investment officer, David Macri.
“The main drivers of our excellent returns have in face come from the healthcare, utilities, and information technology sectors,” he said.
“Not only did the sectors outperform the market, our stock selection within these sectors added significant value for our investors.”
