Acorns launches ethical portfolio
Micro-investing app, Acorns, has furthered its commitment to sustainability with the launch of its new ethical investment portfolio, the Emerald Portfolio.
The portfolio is fully diversified across asset classes and geographical regions, including Australian equities, international equities, bonds, and cash.
Acorns Australia chief executive and managing director, George Lucas, said one the greatest frustrations his firm increasingly heard from their customers was the challenge of knowing where their money was being invested.
“Acorns is a product designed with the consumer in mind, whether it’s helping them to invest in markets, improve financial literacy, or find money to invest. The Emerald Portfolio furthers this goal by providing users with an engaging option that empowers them to invest according to their values,” he said.
“Millennials are more attuned to the social impact of their actions than other demographics and are driving the interest in sustainable investment. However, they also don’t want to give up their ability to get returns.”
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