Scotia Responsible Investing ETF Launches at Neo Opening
There are four major ETFs:
- Scotia Responsible Investing Canadian Bond Index ETF
- Scotia Responsible Investing Canadian Equity Index ETF
- Scotia Responsible Investing US Equity Index ETF
- Scotia Responsible Investments International Equity Index ETF
Scotia Global Asset Management (Canada) Head, Neil Kerr, said: “At Scotia Global Asset Management, we incorporate environmental, social and governance factors into investment decision making and product design to deliver long-term value to our clients. We are delighted to further expand our lineup of responsible investment solutions dedicated to providing investors with greater choice.”
Advisors previously held off on adopting ESGs because they believed they were not financially verified to perform well. However, a survey by Mackenzie Investments showed that most Canadian investors are more likely to weigh the positive effects of their investment decisions on society. In addition, Canadians are becoming interested in learning more about responsible investing.
In an online survey of more than 1,000 Canadians conducted by Ipsos for the Responsible Investment Association in 2019, 72% expressed interest in responsible investing (RI), with 81% of investors aged 18-34, 76 of university graduates %, comprised of 78%. respondents with children, and 78% of respondents in Atlantic Canada and British Columbia.