The fund plays to the continuing trend of what has become known as impact investing.

Cornerstone Capital Group, a New York-based registered investment advisor, has launched an impact fund, playing to a trend in portfolio management that continues to be a wealth industry talking point. 

The Access Impact Fund is aimed at investors who want “competitive financial returns and positive impact”. The fund is designed to deliver long-term capital appreciation, the RIA said in a statement today. 

Tapping into large-, medium- and small-cap areas, the fund divides its assets among a range of investment managers whose strategies stress particular topics and/or use environmental, social and governance criteria to pick areas to invest in. 

The fund allocates money across areas such as health, wellness and education; climate and clean energy; innovation and economic opportunity; reduced inequalities and social justice; data-driven solutions; and the circular economy. These themes gel with the United Nations’ Sustainable Development Goals, as set out in 2015.

Investors must put at least $1,000 into the fund.

This publication has interviewed Cornerstone about its ESG investment ideas here.