The fund will excludes companies that derive over 10% of their revenue from controversial activities (e.g. armaments, tobacco, gambling). Crucially Sue favours companies impacting society and the environment positively (e.g. healthcare and recycling). She will select companies that offer robust balance sheets, solid cash flows, growing dividends and strong market positioning. Being active in the small and mid cap space allows her to find often undervalued companies with support from the experienced team of analysts, including both financial and SRI specialists.
We like the fund as it has a solid SRI oriented process, born in part through the management company’s ownership by a charity. The fund has been managed continuously by Sue since 1988.