Morphic Ethical Equities Fund Ltd. (AU:MEC) has released an update.
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The Morphic Ethical Equities Fund Limited (MEC) aims to grow investor wealth responsibly by avoiding sectors like fossil fuels and tobacco. In November, MEC outperformed the MSCI All Countries World Index, rising 5.96% compared to the index’s 4.31% growth. The fund’s performance was bolstered by contributions from Core Scientific and GFL Environment, amidst a backdrop of strong U.S. market performance and global economic shifts.
For further insights into AU:MEC stock, check out TipRanks’ Stock Analysis page.