A new way to green your investment portfolio
Green bond meets growing demand
Green bonds have been growing in popularity since the World Bank issued the first ever green bond in 2008. Genus’ globally focused fully fossil-free fund offers investors the opportunity to support positive impact projects. “We’ll be investing in things like renewable energy, low carbon infrastructure and low carbon transportation,” says Mike Thiessen, Director of Sustainable Investments at Genus.
At least 80% of the fund will be comprised of positive screen impact investments, while 20% will contain more traditional fossil-free screened investments. “Instead of focusing on screening out the investments we don’t want, we’ll be putting more emphasis on investing in the kinds of impact investments we do want, all of which will have proceeds going toward green projects,” Thiessen says.
Thiessen notes that there are other green bonds in Canada focused on Canadian investments, but they include investments Genus has chosen to screen out, such as railway companies. “We’ve decided we won’t invest in Canadian railway companies that make a significant portion of their sales from transporting oil and gas,” he says. “Nor will we use this fund to invest in oil and gas companies that are undertaking renewable energy projects. Our criteria are more stringent.”
Why add the Genus Global Impact Bond Fund to your portfolio?
Green bonds are an opportunity for investors to add fixed income to their impact portfolio, while continuing to support the values-based investments that are important to them, such as sustainability and climate action.
“This fund gives investors the chance to go 100% impact with all-liquid investments, and that is really exciting,” Thiessen says. “Now investors can get in and out of this investment in a couple of days if they want to, and maintain that 100% impact.”
The Genus Global Impact Bond Fund is available to both our personal wealth management and digital wealth management clients.