The BetaShares Australian Sustainability Leaders ETF (ASX: FAIR) has amassed $65 million in the six weeks it has been listed, indicating demand for “true-to-label” ethical products, according to Managing Director Alex Vynokur.
FAIR is based on a basket of Australian companies screened to preference companies engaged in sustainable business activities and to avoid companies engaged in activities deemed inconsistent with responsible investment considerations, BetaShares has said. BetaShares also launched the Global Sustainability Leaders ETF (ASX: ETHI) in January 2017, which provides access to a portfolio of global companies (ex-Australia) which are similarly ethically-responsible and leaders in sustainability. ETHI and FAIR have more than $200 million in assets between them, Vynokur said.
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