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Invest ethically

A FREE resource, giving investors a chance to check up on ethical funds, went online last month. The Eiris Ethical Fund Selector ( www.eiris.org/pages/ifas/ethfun.htm) defines an ethical fund as one that has positive or negative ethical criteria for deciding whether shares are acceptable. The site then gives browsers the chance to check on the ethical policies and approaches taken by these funds.

The Ethical Investment Research Service (Eiris) does not include "funds whose only ethical policy is to avoid a small number of companies involved in tobacco products". A spokesman said that ethical investments "represent a real choice for investors", and that the new service provided a more informed way of choosing.

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