Green Investing
ScotiaFunds has gone green with the Scotia Global Climate Change Fund, an investment opportunity that responds to the physical effects of climate change around the world and the resulting changes in corporate and consumer behaviour.
In February 2008, we launched the Scotia Global Climate Change Fund, the first of its kind in Canada, which aims to give Canadians a chance to invest in environmentally responsible companies, without compromising solid returns.
The fund focuses on companies that adopt technological and environmental practices that address the implications of climate change, or that are providing supporting services to such companies.
The fund is diversified across nine climate-related areas, such as clean fuels, water and environmental finance.
It also reflects the global impact of climate change, since the fund provides genuinely global equity exposure to the economies of Europe, North America, Asia and the developing world.
"We saw a need in Canada for an environmentally responsible investment fund that is well diversified and has the potential to appeal to a wide range of Canadian investors."
Glen Gowland, Managing Director and Head, Scotia Mutual Funds, and President & CEO, Scotia Securities Inc.
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