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.

Nitya Pandalai Nayar | 14-08-09 | E-mail Article

We have published a new Morningstar Qualitative Rating and Research Report for Standard Life Ethical Corporate Bond.

"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..."

The full four-page PDF report can be accessed here. It is free to users of morningstar.co.uk

Nitya Pandalai Nayar is a Fund Analyst at Morningstar. She would like to hear from you, but cannot give financial advice.  You can contact the author via this feedback form.
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