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  • Published: Jan 31st, 2011
  • Category: UK
  • Comments: None

Slow start for first dedicated carbon footprint fund

The first dedicated carbon footprint funds have got off to a slow start with the funds going live on Monday, later than anticipated.

At the launch of the IFSL Carbon Footprint UK Equity Index Tracker Fund in June 2010, Ralph Pettengell, the chief executive said he aimed to launch before the end of the year.

However, due to delays the fund did not launch until Monday and will be invested on 14 February 2011.

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