Now I am not going to get into whether this fund is worth investing or not. There have been various schools of thoughts on to invest and not invest. I like the concept that ABN has come up with. Incidentally, this is the 25th such fund by the fund house. They have 24 such funds in Europe, Asia and Latin America. For more details please visit
http://www.valueresearchonline.com/story/ipostory.asp?str=9469
Coming back to their advertisement and tag/punch line. It says “we have not inherited the earth from our ancestors, we have only borrowed it from out children” – absolutely beautiful!! Such a strong message and so beautifully presented. Hats off to them!!!
Now… the concept, the concept of Socially Responsible Investing (SRI) as they call it. It’s so different and so new to India. To invest in companies that focus on sustainable development. Now, I am a lot curious to see the list of companies that will make the portfolio and of course thats a totally different question, no one can quite answer right now, will it post positive returns......
Nevertheless, a commendable effort by the fund house…….
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