Mackenzie Investments partners with Greenchip Financial to launch new Global Environmental Equity Fund
TORONTO – October 17, 2018 – Mackenzie Investments announced today the launch of Mackenzie Global Environmental Equity Fund to better support its investors and advisors seeking investment solutions with sustainability themes.
“Sustainable, responsible and impact investing continues to grow in popularity in Canada, but there are limited investment options,” said Barry McInerney, President & CEO, Mackenzie Investments. “We are proud to work with sub-advisor Greenchip Financial to launch Mackenzie Global Environmental Equity Fund, a new and exciting option for investors.”
Mackenzie Global Environmental Equity Fund will exclusively invest in companies around the world that seek to improve on environmental challenges.
Mackenzie chose Greenchip Financial, a Canadian firm dedicated solely to long-term, environmental-themed investing, to sub-advise the Fund because of its unique approach. Greenchip Financial focuses on companies that supply products and services needed in both the global energy transition from fossil fuels to renewables and from inefficient-to-efficient use of resources. These long-term trends have created a breadth of investment opportunity in industries such as energy infrastructure and storage, clean technology, sustainable agriculture and transportation.
“This great energy transition is driving an incredible investment opportunity,” said John Cook, President & CEO, Greenchip Financial. “We believe the demand for companies that Mackenzie Global Environmental Equity Fund invests in will increase, as resource and environmental issues become more challenging.”
The Fund joins Mackenzie’s other sustainable, responsible and impact investment product offerings that strive to generate strong returns while offering investors the opportunity to affect change:
- Mackenzie Global Sustainability and Impact Balanced Fund – Gives investors the chance to invest in companies and countries willing to engage in or have incorporated strategies to improve environmental, social, or governance factors.
- Mackenzie Global Leadership Impact Fund and ETF – Gives investors the chance to invest in companies that promote the representation of women in positions of leadership like senior management or a board of directors.
“Mackenzie investors want to be part of change and so do we as a company,” added McInerney. “These investment options align with Mackenzie’s commitment to environmental and social responsibility.”
Mackenzie further demonstrates its commitment to global change as a signatory of both the United Nations-supported Principles for Responsible Investment and United Nations Women’s Empowerment Principles, and through its partnership with UNICEF Canada as a supporter of its “UNdaunted” campaign.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $140.8 billion in assets under management as of September 30, 2018, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with $159.7 billion in total assets under management as of September 30, 2018.
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