ETHICAL funds are set to smash last year's sales figures after recording huge inflows in the first four months of 2007 alone, FundsNetwork has revealed.
The company noted that ethical fund sales via its platform were already up by 83pc compared to the same time in 2006, meaning sales are set to double last years if the growth continues. David Dalton-Brown, head of FundsNetwork, said: “Our analysis implies that sales of ethical funds for 2007 are set to eclipse those of 2006, and that they are becoming an increasingly popular choice for ISA investment.” He added that as there was an increasing emphasis placed on looking after the world and its resources it was unsurprising how popular the funds were becoming. Dalton-Brown added the ...
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