Online broker Avanza first to introduce climate rating on funds

Investors with Swedish-based online broker Avanza will now be able to filter and select funds labeled with low carbon footprint through a independent risk rating developed by Morningstar.

Climate-smart choices are not always easy to make, and this extends to savings and investments. According to media, a step to making investment choices easier was made today by Swedish online equity broker Avanza, which introduced a new climate rating for funds.

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