The fund aims to achieve capital growth over the long term. The Fund invests in companies which meet defined ethical criteria predominantly in the UK, although the Fund may invest internationally when appropriate. The Fund has an independent Committee of Reference, which meets regularly to discuss research on topical issues relating to the ethical criteria. Under some guidance from the Committee of Reference, the Fund will at all times: Seek to invest in companies which benefit the community in which they operate or the environmental in general; Avoid investing in companies with any significant involvement in gambling, the arms trade or any other activities considered to have an adverse effect overall or effect on health, the environment or human dignity.