RBC Vision™ Funds
Socially Responsible Investing (SRI) is an investment strategy that incorporates screening based on environmental, social, and governance (ESG) criteria into the portfolio constructions process. These ESG based screens can be either negative or positive in nature. Negative screens exclude companies that provide certain products and services that have a negative impact on society (e.g. tobacco, gambling) or companies with poor ESG practices (e.g. pollution, employee safety). Positive screens typically select companies based on good overall or specific ESG practices (e.g. company with a high ESG score compared to its peer group) or on some positive impact from a company's products and services (e.g. renewable energy, water treatment).
Canadian assets in SRI mandates now account for more than $1 trillion of assets under management. Consequently, SRI has emerged as a viable investment approach for those Canadians who want to achieve their investment goals while ensuring that their money is managed in a way that is in line with their personal values.
SRI involves screening out or excluding investments based on a particular set of values through the formal integration of ESG considerations into the traditional investment process, providing a way for individuals to incorporate their concerns into their investment portfolios. This approach enables investors to choose investments that are consistent with both their financial goals and personal values.
At RBC Global Asset Management (RBC GAM), the RBC Vision Funds are designed to meet the needs of investors who: