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Standard Life launches ethical corporate bond fund

Standard Life has launched an ethical corporate bond fund aimed at low risk ethical investors requiring an income.

The fund will be managed by Alasdair MacLean who currently manages the firm’s select income fund. It will invest in a portfolio of corporate fixed interest and other holdings screened against Standard’s ethical process as “acceptable” and “preferred”.

It will not hold gilts but use structured bonds and AAA rated supranational bonds complying with its ethical policy when a flight to quality demands.

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