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NZ Herald - New ethical fund targets Kiwi investors

NZ Herald - New ethical fund targets Kiwi investors

An Australian fund manager is hoping to entice Kiwis to invest in a new ethical investment fund which claims to avoid companies which harm the environment, people and society.

Morphic Asset Management wants to raise A$220 million ($240m) for its Morphic Ethical Equities Fund which it will list on Australia's share market on May 3.

The fund will be the first ethical investment fund to listed on the ASX in 10 years.

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