responsAbility’s Forays Outside Microfinance Yield Interesting New Investment Product Co-Sponsored by Bank Vontobel

Swiss group responsAbility has been providing niche services for socially responsible investors for a number of years now. The responsAbility Global Microfinance Fund, has consistently performed, growing its net asset value by 6.87% since inception in 2003 and holding assets of over US$53 million as of year-end 2004. However, it is not the Microfinance Fund that is at the center of today’s story. responsAbility has entered into a deal with Bank Vontobel AG and the Swiss Agency for Development and Cooperation to offer a new product that will allow investors to support independent media in developing countries.
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