Fund Manager:
IBK SG Asset Management

Research Provider:
Ecofrontier, Innovest Strategy Value Advisor

Fund Name:
Good and Honest Company SRI Fund

Launch Date:
Nov-06

Screening (except economy):
Sustainability Development

KEY Characteristics:
In addition to financial soundness and economic performance, the fund  looks closely at non-financial  'sustainability' factors such as environmental performance and corporate goverance structure, when selecting target investment companies. Its universe is comprised of 100 stocks listed in the KOSPI market, selected based on IBK SG Asset's own research as well as ourside research support from Ecofrontier in partnership with Innovest Strategic Value Advisors. The fund then selects 40 target companies out of the universe. 5% of managing fees earned from IBK SG Asset Management are to be invested into a fund called 'Social Contribution Fund' that supports philanthropic activities. Over 60% of assets are allocated into equity. 

Asset Value:
KRW 1.7 billion

Additional information:
http://www.ibksgam.com/