Family Investments launches ethical child trust fund

Tuesday, 31 October 2006 12:00

Family Investments has launched an ethical stakeholder child trust fund after 64 per cent of parents said they would choose an ethical child trust fund over a standard one if the terms and prospective returns were the same.

Family Investment's ethical stakeholder child trust fund will not invest in companies that:

• Export of armaments and nuclear weapons
  
• Animal testing of cosmetics and toiletries
  
• Alcohol and tobacco sale or production
  
• Trade in prohibited pesticides
  
• Manufacture or supply of ozone depleting chemicals
  
• Extracting or importing tropical hardwood
  
• Pollution of waterways
  
• Using intensive farming methods
  
• Pornography

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