It's RRSP Time So Get SRI-ing!
That’s right Canadians, it’s RRSP time again. Get ready for the barrage of ad campaigns and mailers coming your way, telling you to invest, invest and invest some more in your chosen funds.
But what is interesting to us here at Greenthinkers is the increased availability of and exposure for more ethical and green funds - what they are calling socially responsible investing (SRI).
As written by the folks at CBC News…
So where to begin? Well, the most popular investment Canadians pick for their RRSPs are mutual funds. While many fund companies still have no funds that invest along social or environmental guidelines, the SRI-club is steadily growing. There are now dozens of funds that factor in a company’s approach to various social and environmental issues when making their stock selections. They operate in all the fund categories — foreign and domestic equities, bond funds, balanced funds, even money market funds.
More to come as the silly season progresses.
Photo credit: Advisor Mailout


