Novo Wealth in their recent website article for clients noted the rising awareness of responsible and ethical investing and greater client funds being allocated to this prudent form of investment focus.
Kent Town, Australia - June 30, 2023 —
Novo Wealth in their recent website article for clients noted the rising awareness of responsible and ethical investing and greater client funds being allocated to this prudent form of investment focus.
The increase in consumer demand in ethical companies and brands is seeing a large investment swing to renewable energy, ethical supply chains, medical innovations etc that help society. This is seeing people divesting more than ever before from industries that cause harm including fossil fuels, gambling, and tobacco.
Types of ethical investments include sustainable Investing, across-the-board investment strategy focused on environmental and social sustainability. Socially Responsible Investing.. Green Investing that is also referred to as eco-investing or eco-investment objectives. Impact Investing which is investment strategy to finance solutions to environmental and social problems.
ESG which stands for Environmental, Social, Governance investing which is similar to Impact Investing, but uses a financial-first framework.
Regardless if the client's values are more aligned with environmental concerns or social equity issues, there are many ways to invest ethically to secure their financial future AND contribute to a better future for all. All that is needed is the right information on ethical companies and funds to get started, which is why Novo Wealth works with people all over Australia who believe financial security and sticking to their values can go hand-in-hand.
Paul Garner, founder of Novo Wealth said, “Our clients ask how they can differentiate between genuine ethical investments and not-so-responsible “green claims” made by others. Unfortunately, just because a fund uses the term ethical, sustainable, green, or responsible in its description, or claims to be fossil fuel free, does not mean this is the case and those interested to learn more about this, and other examples, should make contact.”
Novo Wealth note that there are a few key things an investor can look out for when researching funds to assess how socially responsible and environmentally conscious their offerings are. Does the fund publicly disclose which companies they’re investing in, as many funds will provide a list of their investment holdings, but many will only supply the top ten holdings. It’s difficult to know how responsible the entire portfolio is. This is where working with a financial adviser like Novo Wealth is extremely beneficial, as funds will provide full details of holding to Novo Wealth when requested.
Starting a responsible investment portfolio is much easier with the right help. As a dedicated ethical financial adviser, Novo Wealth can help guide clients ignore the misleading environmental claims and greenwashing jargon and understand how responsible funds may work in conjunction with an overall financial plan.
Learn more about Novo Wealth’s advice on responsible and ethical investing by viewing their website article on this here: https://novowealth.com.au/what-is-responsible-or-ethical-investment/
About Novo Wealth
Novo Wealth are ethical investment advisers, based in Adelaide and working with Australians nation-wide. Whether looking at ethical investments for super funds or investment portfolios, there are many options available. Some people choose to have 100% of their investments and retirement plans in ethical investments. Other people choose a percentage that can be changed over time. People have concerns about future performance; however, Novo Wealth know ethical investments and ethical investment funds can provide returns comparable to other industry-standard investments.
The core of all their financial services focuses on secure, ethical investment and financial planning that caters to the desire to do good in the world and builds wealth.
Learn more about Novo Wealth by visiting their website here: https://novowealth.com.au
Contact Info:
Name: Paul Garner
Email: Send Email
Organization: Novo Wealth
Address: 19 Rundle Street Kent Town , Kent Town, SA 5067, Australia
Website: https://novowealth.com.au
Source: PressCable
Release ID: 89101280
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