How do I choose the Socially Responsible fund?
Each investment allocation (Cautious, Balanced and Adventurous) includes a global shares fund. You can choose for this fund to be socially responsible. For existing Moneybox users, you can choose to apply any changes you make to all of your existing investments or just those you make in the future.
Please note that the ongoing fees for the SR fund are higher than for the standard global shares fund that Moneybox offer (0.24% compared to 0.14% per year).
This fund is based in Ireland and is recognised by the FCA for sale in the UK. It is not covered by the Financial Services Compensation Scheme.
Existing Moneybox users
You can change your investment allocation to include the SR fund by visiting Settings > Allocations in the app.
New Moneybox users
You can select your investment allocation to include the SR option during registration – simply tap on the ‘Switch to Socially Responsible global shares fund’ button at the bottom of the starting options screen.