What does Morphic Ethical Equities Fund do?
Morphic Ethical Equities Fund (ASX:MEC) is an Australian-based investment fund that invests in global equities in accordance with ethical and environmental criteria. The fund is managed by Morphic Asset Management, a boutique investment management firm with a focus on ethical investing. MEC's investment objective is to provide investors with capital growth over the medium to long term, while also investing in companies that are aligned with its ethical and environmental values. The fund excludes investments in companies that are involved in activities such as environmental destruction, animal cruelty, human rights abuses, and the production of harmful products.