Australian Ethical has today announced that in response to adviser and investor demand for more ethical options, its Emerging Companies Fund has been added to the HUB24 platforms: HUB24 Super and HUB24 Invest.
The Emerging Companies Fund provides investors with access to a diversified portfolio of Australian shares in small cap companies on the basis of their social, environmental and financial credentials.
The fund utilises an active stock-picking management style with stocks selected for growth rather than income, and has achieved an investment grade rating from Lonsec.
The addition of the Emerging Companies Fund to HUB24 means the full suite of Australian Ethical products is now available to advisers on HUB24 Invest.
HUB24 Super offers access to the Australian Shares Fund, Diversified Shares Fund and Emerging Companies Fund.
Commenting on the development, Adam Kirk, Head of Business Development and Client Relations Australian Ethical said he was pleased to be bringing ethical solutions to a larger audience of advisers.
“Demand for ethical investment options is reaching unprecedented levels. This demand is being driven by the end-customer, as more Australians realise they can both invest ethically and achieve strong returns.
“By having all our funds available on the HUB24 platform, more advisers will be able to tap into the ethical investing boom, and present their customers with socially responsible, sustainable but also profitable investment options.”
Andrew Alcock, HUB24 Managing Director said: “We are pleased to be making the full suite of Australian Ethical products available to our advisers and their clients. Ethical investment options continue to gather pace and we are proud to add this quality product to our broad investment menu.”
The announcement comes as the ethical investing sector continues to grow in popularity, with Australian Ethical’s funds under management exceeding $1.5 billion in May 2016.