Ecclesiastical Investment Management (EIM) has launched two pooled funds exclusively for the charity and church sector.

The funds, Amity Balanced Fund and the Amity Global Equity Income Fund for Charities, will avoid investment in companies which have a material involvement in practices such as alcohol, tobacco, weapons production or battery farming.

Amity Balanced Fund will aim to achieve a balance between giving investors a quarterly income, and capital growth over the medium to long term; while the Amity Global Equity Income Fund will concentrate on giving investors a quarterly income, with a secondary aim of capital growth over the medium to long term.

The funds will be managed jointly by Robin Hepworth (pictured), who has worked at EIM for 23 years and Chris Hiorns, who has spent 15 years with EIM.

Mark O’Connor, head of institutional business development at EIM, said:

“Ecclesiastical has strong relationships with the church and charity community. We are keen to further serve their needs and our new funds are specifically designed to do so.  We have an excellent team that has a proven record of investment success and charities can be confident their investments will be managed to strict ethical standards.”

For more details on the funds click here.