Ethics and investment funds

It was with great interest that we read the CMAJ news piece on MD Management Ltd. and ethical investments.1 We met with an MD Management advisor regarding this very issue just a few months ago and were surprised by the lack of any consideration of the arms trade by MD Management.

In the article, Robert Hewett, MD Management's president and chief executive officer, explains that “each investor may have a personal definition of what they consider ethical,” and yet his company has taken a stance on the tobacco industry. We would like MD Management to offer investment packages that exclude investments in the arms industry. Smoking guns and smoking cigarettes both have devastating effects on health.