AEF australian ethical investment limited
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Ann: AEF Quarterly FUM Announcement, page-9

  1. Tarvold
    28,139 Posts.
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    30/10/23
    12:43
    Post #: 70614205
    AFR

    '

    ESG funds are shrinking as managers, investors move on

    For the first time, money managers in the United States closed more ESG funds than they opened. In Australia, flows are also slowing right down.



    As I posted a couple of years ago 'ethical funds' are just a fad, the latest en vogue investment & nothing special compared to other fund managers who have a theme.
    Paying a high premium for AEF was a mistake, it should only be assessed on it's funds performances & it's ability to grow FUM.
    AEF Price at posting: $3.91 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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