Moneyfacts is pleased to announce that the results from our 2020 Star Ratings for Ethical funds are published today.
The Moneyfacts Star Ratings are well-respected by both providers and consumers who are looking for the best ethical fund products in the UK marketplace. Those who value an impartial, expert opinion can now see for themselves which products and providers have achieved the coveted Five and Four-Star Ratings.
As part of our 2020 Moneyfacts Annual Star Ratings, thousands of products across 17 categories, from business and personal finance products to insurance and investment products, are carefully assessed.
Numerous features are considered when assessing the ethical fund ratings, and some of this information includes:
- Flexibility of investment amount
- Initial entry charges
- Ongoing charges
- Linked product available
- In addition, the level of involvement with the investing companies is considered
- The avoidance of negative investing, including that which benefits from animal testing, armaments, environmental damage and oppressive regimes
- The support of positive investment, incorporating employee welfare/rights, packaging reduction and sustainable forestry.
Richard Eagling, editor of Investment Life & Pensions at Moneyfacts, said: “Driven by greater awareness of the environmental and financial risks posed by issues such as climate change – ethical, sustainable and socially responsible investing (SRI) has increasingly come to the fore in recent years. The ethical and SRI fund arena is continually evolving to encompass a broader range of approaches, making fund selection a difficult task. The Moneyfacts Ethical Funds Star Ratings highlight the ethical funds that offer the most flexible options and competitive charges, combined with a robust ethical screening policy.”
To see the full list of awarded products, please click here. There are many more 2020 Moneyfacts Annual Star Ratings to come.
