Fund Manager: Industrial Fund Management Co Ltd
Fund Name: Social Responsibility Fund
Launch Date: May-08
Screening (except economy): Sustainability
KEY Characteristics: China's Industrial Fund Management launched a fund investing in shares of "socially responsible" Chinese listed firms, one of the first mutual fund products of its kind in the country. The fund may initially target companies engaged in environmentally friendly projects. When building its portfolio, the fund applies the negative screening method to rule out investment in companies that have poor records and standards in terms of corporate responsibility, business ehtics and governance structure. 65 to 95 percent of the fund's assets is to be invested in equities.
Additional Information: http://www.enn.com/business/article/32661 http://www.xyfunds.com.cn/column.do?mode=searchtopic&channelid=2&categoryid=822&childcategoryid=828
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