Laurentian Bank launches two new responsible investment funds
Laurentian Bank has added two new mutual funds to its Laurentian Bank Group of Funds managed by Mackenzie Investments: Mackenzie Global Environmental Equity Fund and Mackenzie Global Women's Leadership Fund.
“Laurentian Bank is pleased to meet the expectations of an increasing number of investors who wish to align their investments with their values and personal convictions. These socially responsible investors are not only looking for financial vehicles that will allow them to grow their investments, they also want to have a positive environmental and social impact through their choice of investment. We are happy to offer them solutions that meet both objectives,” says Diane Pilote, Senior Vice President, Personal Banking (Québec).
The Mackenzie Global Environmental Equity Fund seeks to generate long-term capital growth. It features stocks from companies around the globe that are active in the environmental sector and dedicated to helping fight climate change. The fund’s holdings fall into six categories: energy efficiency, clean energy, water treatment and distribution, sustainable agriculture, sustainable transportation and clean technology.
The Mackenzie Global Women’s Leadership Fund provides long-term capital growth. It features equity securities from companies around the globe that promote diversity and the representation of women in leadership positions in public companies, including in senior management teams and boards of directors.
Mutual funds are distributed by LBC Financial Services Inc. (LBCFS), a wholly owned subsidiary of Laurentian Bank of Canada. Mutual funds offered by LBCFS are part of the Laurentian Bank Group of Funds managed by Mackenzie Investments.