An ethical isa is an isa where your money is used to invest in green, eco friendly and ethical funds. Ethical isas allow you to invest in a socially responsible manner and have more say about where your money is invested. In this day and age, more and more people want more control over where their money is invested.
Ethical isa funds are used to invest in unit trusts, gilts, the stock exchange, life assurance and many other similar ventures. They are most suitable for people who are willing to leave funds in their isa for long periods such as five years. They are also good for people who are willing to withstand a bit more fluctuation in the value of their fund.
