Fund Manager:
MFC Asset Management Plc

Fund Name:
MFC Environmentally and Socially Responsible Investment Fund

Launch Date:
Jul-05 

Screening (except economy):
Sustainability

Key Characteristics:     
MFC Asset Management Plc introduced the first "socially responsible" fund in Thailand in 2005. The aim of the MFC Environmentally and Socially Responsible Investment Fund is to generate sustainable returns while also supporting companies that gave a priority to "social investment". The fund uses the SET50 index as a benchmark, with management criteria based on standard financial criteria but with firms also screened on their policies to protect the environment and promote social awareness. When evaluating investments, the fund uses a third party standard based on ISO 14000 compliance as well as the corporate governance standards set by the Stock Exchange of Thailand.   

Additional Information:
http://www.mfcfund.com
http://siteresources.worldbank.org/INTTHAILAND/Resources/333200-1089943634036/475256-1151398840534/2006june_cesr-mfc-asset_magmt-plc.ppt#256,1,Corporate Environment and Social Responsibility (CESR) in Thailand  MFC Asset Management plc. 20 June 2006