Again, these products bundle together assets which deliver an income, but rather than buying shares these funds own the debt of major UK and International businesses. Rathbone's Ethical Bond fund for example generates a yield of 3.8 per cent per annum by investing into a range of bonds issued by financial firms; Standard Life, AXA, Royal London and also HSBC. In addition to the Rathbone's fund, Royal London and Threadneedle offer bond funds which have similar ethical profiles. The Threadneedle product in particular has a focus on investing for impact and works closely with Big Issue Invest. The Threadneedle fund currently yields 2.5 per cent from a portfolio which includes Wellcome Trust Bonds, Unite Group and Nationwide; all "investment grade" but with some positive social impact. Royal London offers a higher yield at 3.42 per cent.