CAF renames ethical fund

Howard Lake | 15 January 2002 | News

Charities Aid Foundation has changed the name of its two-year-old CAF Ethical Plus Fund to the CAF Socially Responsible Fund, to reflect more closely the scope and focus of its investments.

Charities Aid Foundation has changed the name of its two-year-old CAF Ethical Plus Fund to the CAF Socially Responsible Fund, to reflect more closely the scope and focus of its investments. The term ‘ethical’ has been reserved for the avoidance of certain investments, and had different meanings for different people. The new name is designed to reflect the Fund’s objective which is to pursue a positive approach, seeking out investments which are socially responsible but which also offer good financial prospects.

The Fund’s investment objective and policy have not changed.

Read Socially responsible fund for charities renamed at Charities Aid Foundation.

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.