What is it called and what sort of savings product is it?
The Hunter Hall Global Deep Green Trust is an Australian unit trust.
What company is behind it?
Hunter Hall Investment Management is Australia's leading ethical investment fund manager. Its parent is listed on theAustralian Stock Exchange and manages more than A$2.8 billion (NZ$3.2b).
Who is the target market?
It suits people who want a good return, and make a positive contribution to the environment.
What return does it offer?
It is a new fund and has no return history. However, Hunter Hall's other funds have excellent performance records. This fund aims to achieve an absolute return of 12 per cent annually, after fees and expenses.
When was it launched?
November 1.
What other products is it like, or is it competing with?
Technically, it's competing with other international share funds, but in reality its main competitors are the small number of other funds which invest in a socially responsible manner.
Long, short or medium term?
This is a medium-term investment.
What is the selling point?
The fund is looking to invest in companies which make a positive impact on the world. Also it donates a portion of its fees to charitable organisations.
How strong a stomach do you need for it?
It is classed as a high-risk fund.
What's the hitch?
With a limited pool of investment options, it is likely to be volatile.
