The new product is offered by Hunter Hall Investment Management and provides investors with direct hedged exposure to the Hunter Hall Ethical Trust, also rated three stars.
"After a period of internally-led change, the Hunter Hall investment team has remained stable with no departures in the past two years," S&P fund analyst Anthony Karaminas said.
"Pleasingly, the senior members of the firm are highly experienced and have managed money together for a considerable amount of time."