28 August, 2017 09:45
Photo : Freepik
RBC global asset Management (RBC GAM) has completed the launch of the global equity Fund without fossil fuel Vision for RBC. The fund is part of the fund range Vision RBCCM launched earlier this year.
This new investment product is intended for long-term growth of capital by investing in shares of the world. The fund excludes companies that are directly involved in the extraction, processing or transportation of coal, oil or natural gas, and the ones that are in the report, The Carbon Underground 200.
«Solutions to socially responsible investment»
«RBC global asset Management provides investment solutions socially responsible to Canadians for more than ten years, and we are proud of our position as a leader in the industry,» said Doug Coulter, president, RBC GAM. We are so excited to expand the fund range Vision of CBR, by initiating the global equity Fund without fossil fuel Vision for RBC. «
The mandate of the global equity Fund without fossil fuels Vision RBC, like all those which are managed by the team of global Equities for RBC GAM, based in London, is based on an approach integrating the criteria of environmental, social and corporate governance.
«Criteria of environmental, social and corporate governance»
«We are applying criteria of environmental, social and corporate governance our assessment of each proposed placement, in order to invest in businesses that will generate sustainable wealth,» said Habib Subjally, senior portfolio manager and head of global equity Markets. The selection of the securities in the global equity Fund without fossil fuels Vision RBC is based on a good understanding of businesses, their activities and their future prospects in order to provide the potential for long-term growth. «
The global equity Fund without fossil fuels Vision RBC is offered to individuals according to five packages of management fees : series A, series F, advisor series (ISC), advisor series (LL) and series D.