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Investing 101: Part 5 SRI – Are Ethical Funds Right for You?

Home | Featured | Investing | Investing 101: Part 5 SRI – Are Ethical Funds Right for You?

12 Jan
2017

Investing 101: Part 5 SRI – Are Ethical Funds Right for You?

by Rob Taylor | in Featured, Investing
Investing 101: Part 5 SRI – Are Ethical Funds Right for You?
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Investing:  [verb] confusing process involving magic and midwifery, in which your money is swept away today with the hopes of producing more money in the future. See related terms: dreams, confusion, fees, retirement, and future.

 

What you'll learn today:

  • how to make a difference while investing
  • how to know whether ethical funds are right for you

How Do You Know if Ethical Funds Are Right for You?

As you've learned in our other Investing 101 blogs, investing makes sense for anyone who can afford to set aside money.

If you plan to retire tomorrow, and you want to protect the world for today and tomorrow, ethical funds are likely a good choice for you. According to a VanCity blog, socially responsible investing 'takes your social, environmental, and ethical values and uses them as a guideline to determine which investments are a good fit for your portfolio.'

Putting Your Money Where Your Mouth Is!

If you are concerned with the bigger picture – the way that you can make a difference in the world – then SRI may be just what you need. You can move beyond talking about change and helping those in need. You can put your money where your mouth is and help yourself and others in the process.

Check out these examples of ethical funds that can be part of a socially responsible investing portfolio:

  • Suncor Energy Inc. is Canada’s largest integrated energy company, focused on development of the Athabasca oil sands. Suncor is considered a socially responsible company for their focus on key environmental issues such as greenhouse gas emissions, climate policy as well as unburnable carbon.
  • The Canadian National Railway Company serves Canada and the Midwestern and Southern United States.CN Rail is considered a socially responsible company by focusing on key issues such as greenhouse gas emissions and the safe transportation of oil and hazardous goods.
  • Canadian Tire Corporation Limited is a general retailer offering everyday products and services across Canada. Canadian Tire is considered to be socially responsible through their focus on creating sustainable apparel supply chains, cybersecurity governance as well as limiting greenhouse gas emissions.
  • Rogers Communications is a Canadian communications and media company that operates in the field of wireless communications, cable television, telephone and internet connectivity. Rogers is considered to be socially responsible by focusing on key issues such as privacy and human rights as well as their commitment to cybersecurity governance.
  • Loblaw Companies Limited is Canada’s largest food retailer. Loblaws is considered as being socially responsible by focusing on key issues such as animal welfare and limiting food waste, as well as creating sustainable apparel supply chains and enhancing their environmental, social and corporate governance.

Finding the Right Fit

Ethical funds can fit in both conservative and more aggressive investment strategies. Bring in your investment statements. Sit down and get comfortable. Put your feet up! Let's have an honest chat about your investment goals and whether they align with your personal values and your vision for your future. If your portfolio has room for ethical funds, we can make that happen and we can help you maximize your positive returns and your positive feelings.

Take this survey to see if ethical funds are right for you. Then call your financial advisor to discuss how you can help yourself and others today.

 

Create your own user feedback survey

If you answered yes to most of these questions, socially responsible investing may be a good option for you.

Not everyone fits in boxes, but if you checked 'yes' more than 4 times, then ethical funds may be a good choice for you.

It is possible that this survey didn't include questions you want to ask. Reach out to a PenFinancial advisor to learn more about SRI and how ethical funds could help you make a difference in your own life and in the lives of others.

Enter your email address to receive a PDF of today's blog.

You can review the information and take it in with you to the branch to discuss your options!

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Rob Taylor

Rob Taylor

Branch Manager at Huggins Street Branch
I was born and raised in Niagara Falls and I’ve lived my whole working life in the Niagara Region. I’ve come to fully understand why Niagara is a great place to live, work and play.I have a passion for the open road on my motorcycle, whether it be along the shores of Lake Erie or a quiet ride to Niagara On-the Lake, there is no better way to discover Niagara. read more
Rob Taylor

Latest posts by Rob Taylor (see all)

  • Solve Your Banking Woes: Trust a Credit Union - April 18, 2017
  • You Want the Truth? You Can’t Handle the Truth!Understanding Investment Fees - February 23, 2017
  • Investing 101: Part 5 SRI – Are Ethical Funds Right for You? - January 12, 2017

About Rob Taylor

I was born and raised in Niagara Falls and I’ve lived my whole working life in the Niagara Region. I’ve come to fully understand why Niagara is a great place to live, work and play. I have a passion for the open road on my motorcycle, whether it be along the shores of Lake Erie or a quiet ride to Niagara On-the Lake, there is no better way to discover Niagara. read more

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