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Ethical Investment Portfolios

Discussion in 'Business, Investment and Economics' started by Ann, Jun 13, 2019.

  1. Ann

    Ann

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    There was an article today about Ethical Investment Portfolios and the fact that guns, tobacco and petrochemicals would be more acceptable than listed, legal porn in a commercial ethical investment portfolio. Perhaps it is just me but it seems a bit wrong, however I would be open to argument about this. As I see it, in the worst case scenario legal porn will exploit women, in the worst case scenario armaments will create genocide but guns are preferable to a plastic love doll in an investment portfolio?

    Porn Is Worse Than Pollution in Ethical Investing Portfolios

    When portfolio managers try to run an ethical portfolio based on avoiding controversial sectors, they may find that investing in firearms, dirty energy and gambling can be more acceptable than adult entertainment.

    Almost 40% of global credit funds would exclude adult entertainment when using negative screening, according to a note by UBS Group AG analysts led by Stephen Caprio. Meanwhile, less than 30% of funds would avoid fossil fuel or gambling firms when applying the same method. More...
     
  2. Zaxon

    Zaxon The voice of reason

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    You'll have to go overseas for your unethical porn shares. To my knowledge, there are no adult film producers listed on the ASX. If this is the case, the ASX could promote itself as the "ethical market" :)
     
  3. SirRumpole

    SirRumpole

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    Companies have diversified so much that the market dosn't necessarily know all their activities.
     
  4. Ann

    Ann

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    I can only think of one porn stock now since the brothel 'Daily Planet' was delisted back in 2016.

    DLC - Delecta Ltd originally called AdultShop.com

    I have seen worse charts! :)

    dlc 12.6.19.png
     
  5. Zaxon

    Zaxon The voice of reason

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    OK. So a distributor. I await the posts decrying the lack of an Australian Film Industry (adult branch).
     
    Ann likes this.
  6. Ann

    Ann

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    I doubt it will ever happen, there is too much free content online and too many amateur porn stars willing to perform for free. It would be a tough gig trying to convince investors porn films is a growth industry for profits and they should invest. PornTube et al probably caters for the majority of porn tastes and are being provided free and online.
    Device manufacturers and distributors are probably the only ones making money and likely to be profitable and potential listing candidates.
     
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  7. Value Collector

    Value Collector Have courage, and be kind.

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    I guess it depends on the ethics of the fund.

    Eg. An American god loving, climate change denying, gun toting southern church group, would be totally fine with investing in Guns, Oil + coal and slaughthouses.

    But that same church group would be horrified in publicly investing in porn, Weed or birth control.
     
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  8. Dona Ferentes

    Dona Ferentes

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    "Since ethics are subjective, I’m sure that many readers will disagree that all these stocks are ethical shares, and that’s fair enough. However, I offer this list not as a definite pronouncement of ethical stocks on the Australian sharemarket, but simply to share the names, and tickers, of some of the businesses that I consider to be ethical....

    With that in mind, it’s well worth noting that this list has not considered whether the current share price of these ethical is attractive, and in no way constitutes a recommendation or list of ethical stock tips. The judgement that I have exercised in putting this list together is completely subjective. I encourage others to think about their own ethics, and invest accordingly."
    https://arichlife.com.au/ethical-equities-asx-stocks/


    The LIST

    1300 Smiles Limited (ASX: ONT)
    Alcidion (ASX: ALC)
    Audinate (ASX: AD8)
    Australian Ethical Investments Ltd (ASX: AEF)
    Class (ASX: CL1)
    Clover Corporation Limited(ASX: CLV)
    Cochlear (ASX: COH)
    CSL (ASX: CSL)
    Dicker Data (ASX: DDR)
    Fiducian Portfolio Services (ASX: FID)
    Fineos (ASX: FCL)
    Hansen Technologies Limited (ASX: HSN)
    Infigen Energy Stapled (ASX: IFN)
    Integrated Research Limited (ASX: IRI)
    Iress Limited (ASX: IRE)
    Kip McGrath Education (ASX: KME)
    Macquarie Telecom Group Limited (ASX: MAQ)
    Medical Developments International Ltd (ASX: MVP)
    MNF Group Ltd (ASX: MNF)
    NextDC Limited (ASX: NXT)
    NIB Holdings (ASX: NHF)
    Pro Medicus (ASX: PME)
    ResMed (ASX: RMD)
    Seek Limited (ASX: SEK)
    Webjet (ASX: WEB)
    Whispir (ASX: WSP)
    Xero (ASX: XRO)

    (Posted without endorsement. I find any screening process to achieve 'Ethical' status rather spurious; more confirming one's prejudices than any forensic system, as a rule.)
     
  9. Garpal Gumnut

    Garpal Gumnut

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    RIO
    BHP
    WPL

    gg
     
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  10. Dona Ferentes

    Dona Ferentes

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    think you overlooked TWE
     
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