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  1. #1
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    Default Ethical Investment

    Anybody out there in sharetradria know of an ethical investment fund specialising in NZ and Australia?

    Maybe readers could share their choice of NZ company that complies with the triple bottom line.

    I think SKX and TPW could both be candidates

    Here is the ISE-CCM Alternative Energy (POW)
    COMPONENTS

    ACPW ACTIVE POWER INC
    AMSC American Superconductor
    BLDP Ballard Power Systems
    CPST CAPSTONE TURBINE CORP
    CV Central Vt Pub Svc
    DESC DISTRIBUTED ENERGY SYSTEMS
    EE El Paso Electric
    EIX Edison Int'l
    ENER Energy Conversion Devices
    ESLR EVERGREEN SOLAR INC
    FCEL Fuelcell Energy Inc
    FPL FPL Group
    HYGS HYDROGENICS CORP
    IDA IDACORP Inc. Hldg. Co.
    MDTL Medis Technologies Ltd
    PLUG Plug Power Inc
    ULBI Ultralife Batteries
    http://www.kittydashwood.com - advice from a small black and white house cat, who favours a gap up on a red doji.

  2. #2
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    Tyndall's run a NZ ethical fund.
    Take what you need, leave the rest.

  3. #3
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    It depends on what your ethics are. Different funds have different screening processes. Alcohol, smoking, gambling, armaments, pollution, mining, sex, interest, meat,animal rights, staff relations.......

  4. #4
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    Yes... and what happens when your ethical company strikes an ethics hurdle. Westpac in Australia is one of the leading lights for triple bottom line or corporate responsibility reporting, yet it has one of the lowest customer satisfaction ratings and banks, well, they just screw people over, don't they?[] And what about allegations in NZ that bank staff are offered incentives to persuade customers to take on more debt than they can afford. Is that ethical?

    BHP in Australia was the first to introduce corporate social responsiblity.... but only after their business practices were exposed.

    WAM in NZ are considered leaders in triple bottom line reporting -- they have a corporate responsibility section in their Annual Report. Converting trucks to run on biodiesel, capturing gas to generate electricity from landfills, that kind of stuff.
    Marriage isn't a word. It's a sentence

  5. #5
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    http://www.hunterhall.com.au/frequen...vestmentPolicy

    These guys have a good investment track record and some screening. They still may invest in miners or booze barrons though, so if your ethics exclude those you would have to look elsewhere.

    Tower had an ethical investment, but I think it closed due to lack of interest.

    Good luck - Arthur

  6. #6
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    Well this is an old old thread, but looks like the best place to mention new Tahito venture based on 'indigenous values'. Advice from JMI Wealth. Will watch with interest but not quite sure about the principals.

    Prior to launching Tahito, Hall – who has a 20-year career in asset management – headed the now-defunct IwiInvestor KiwiSaver scheme. Co-founder Winitana is a “writer, journalist, producer, creator and consultant”...


    https://investmentnews.co.nz/investm...it-with-aroha/

  7. #7
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    Quote Originally Posted by artemis View Post
    Well this is an old old thread, but looks like the best place to mention new Tahito venture based on 'indigenous values'. Advice from JMI Wealth. Will watch with interest but not quite sure about the principals.

    Prior to launching Tahito, Hall – who has a 20-year career in asset management – headed the now-defunct IwiInvestor KiwiSaver scheme. Co-founder Winitana is a “writer, journalist, producer, creator and consultant”...


    https://investmentnews.co.nz/investm...it-with-aroha/
    This is nothing new. Where I grew up in Canada the 1st Nations have done similar 'ethical' investments in managed funds. Our assessment (at the time when I was at Uni) we concluded such funds do not provide a decent level of return for the level of risk involved. Not only they consistently provided lower returns to their investors, they also incurred fund management & administration fees no lower than what the mainstream fund managers charge.

    Is there a place for such ethical fund management? NO. In the eyes of a 'public good', issues like cultural and environmental concerns, these areas should only be handled at the gov't level. Just one look at how OECD nations have prospered vs developing nations such as China. Anotherwords, the private sector (such as this Tahito fund) can not provide any basis of ethical concern or specifically, 'self regulation' than what a large, nationwide, gov't regulatory can provide. Meanwhile, the western world continues to have their goods produced in developing places, yes it's OK to pollute China type of deal.

  8. #8
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    Carbon Capture
    This might have been a good idea at the time
    Will pine trees go the same way?
    https://qz.com/1891765/the-uss-only-...YPL&yptr=yahoo

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