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.”
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
