Posted August 16, 2018 05:15:33The financial services company Fidelity announced Thursday it is launching a program that will give consumers more choice about investments.
The Social Capital Trust Fund, which will be available in the U.S. and Canada, will provide investors with a way to invest in stocks that have a socially responsible record.
Social Capital will allow investors to invest on their own terms, and it will be similar to what Fidelity currently offers, including investing in stocks with a high percentage of the workforce involved in the company.
The company says it will launch the fund in 2020, which is the same timeframe it launched the Social Capital Investment Account in 2018.
Fidelity is offering two social investment products, the Social Investment Fund and the Social Trust Fund.
The Social Trust Investment Account is an online program that lets investors invest in socially responsible companies and organizations through an app.FIND MORE SPORTS COVERAGEFollow us on Twitter for the latest news and analysis.