Standard Life Ethical Corp Bond:Qual Rating Issued
Standard Life Ethical Corporate Bond ticks the box for investors with ethical concerns, but it comes at a cost.
"Our main concern at this offering is the hampering effect of the ethical screen, which imposes onerous restrictions on the investable universe of this fund - for instance it cannot hold most financials. This leads to significant sector biases and concentration risk in the portfolio, which can impact the fund’s performance heavily..."
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