Builds on leadership in sustainable investing space
TORONTO, Sept. 23, 2015 /CNW/ - AGF Investments Inc. (AGF) today
announced that AGF Global Sustainable Growth Equity Fund is the first
mutual fund in Canada to publicly disclose* the Fund's environmental
"Investors increasingly want to know how their investment dollars are
affecting the environment. Disclosing the Fund's environmental
footprint helps responsible investors understand the impact of their
investment decisions on the planet," said Deb Abbey, CEO of the
Responsible Investment Association, a network of asset management
firms, institutional investors, advisors, consultants, research firms
and others who practice and support responsible investment in Canada.
"There is much work to be done to ensure that we are managing climate
risk. What gets measured, gets managed," said Abbey. "Environmental
disclosure is a key part of the solution for investors, so we are
pleased to confirm that AGF Global Sustainable Growth Equity is the
first mutual fund in Canada to publicly disclose its environmental
footprint and we congratulate the managers for doing so."
The Fund's disclosure covers a range of environmental factors, including
carbon emissions, greenhouse gases, water usage, waste, land & water
pollutants, airs pollutants and natural resource usage. The
environmental footprint uses both reported and estimated data on direct
and indirect supply chain impact from each holding's operations.
"Given the solutions-based focus of our mandate, we are keenly
interested in tools that help us understand and improve the portfolio's
environmental footprint," said Martin Grosskopf, Vice-President and
Portfolio Manager. "We expect the portfolio holdings to be focused on
solutions with inherent environmental advantages, while also being open
to improving their footprint."
About AGF Management Limited
AGF Management Limited is one of Canada's premier independent investment
management firms with offices across Canada and subsidiaries around the
world. AGF's products include a diversified family of mutual funds,
mutual fund wrap programs and pooled funds. AGF also manages assets on
behalf of institutional investors including pension plans, foundations
and endowments as well as for private clients. With over $33 billion in
total assets under management, AGF serves more than one million
investors. AGF trades on the Toronto Stock Exchange under the symbol
*AGF Global Sustainable Growth Equity Fund's environmental footprint is
publicly disclosed on a quarterly basis on AGF.com/SustainableInvesting.
For further information:
Vice-President, Marketing & Communications