VANCOUVER, Feb. 24, 2012 /CNW/ - Meritas SRI Funds ("Meritas") achieved
outstanding results in the annual socially responsible investments
("SRI") rankings conducted by Corporate Knights for their 2012 Responsible Investing Guide, with the Meritas International Equity Fund receiving the highest score
overall. In the Equity Fund category, all four Meritas equity funds
were also awarded with four Shields; the highest number of Shields
awarded to a fund by Corporate Knights this year.
Of the 32 socially responsible equity funds ranked this year, Meritas
International Equity Fund was the top fund of the year with Meritas'
other three equity funds (Meritas Jantzi Social Index® Fund, Meritas US Equity Fund and Meritas Monthly Dividend and Income
Fund) also placing in the top 9 funds.
The ranking are based on a blend of social scores and financial
performance recognizing that investors who choose SRI often do so with
an interest in the financial, social and environmental performance of
"These rankings reflect our commitment to provide investors with sound
financial investments that align with their social and environmental
concerns," stated Gary Hawton, President of OceanRock Investments Inc.
"In 2011, on the social side of the ledger, Meritas engaged 36
management teams, voted 150 proxies and filed 8 shareholder proposals
on behalf of our investors. The issues covered included climate risk
disclosure, oil sand reclamation, and child labour, to name a few. The
recognition from Corporate Knights indicates that we are taking the
right steps to achieving our goal of being an SRI leader."
Meritas' stable of sub-advisers includes well-known investment managers
such as Jarislowsky Fraser Limited, Legg Mason Canada Inc. and
Thornburg Investment Management. These sub-advisers utlilize high
quality research into environmental, social and governance aspects of
the companies in which they choose to invest, which in turn helps to
ensure that their portfolios reflect the best possible investments from
a financial, social, governance and environmental perspective.
About Corporate Knights Magazine
Corporate Knights Magazine, the magazine for clean capitalism, is
published 4 times per year by Corporate Knights Inc. Founded in
2002, Corporate Knights' flagship magazine, with both an American and a
Canadian version, is published as a quarterly insert in the Globe and Mail and Washington Post. As the world's only large circulation (200K+) magazine focused on the
intersection of business and society, Corporate Knights is the most
prominent brand in the clean capitalism media space. Each year they
release rankings for SRI funds in their Corporate Knights Responsible
About OceanRock Investments Inc.
Meritas, a division of OceanRock Investments Inc. ("OceanRock"), has
been dedicated to building SRI solutions for individual and
institutional investors for over 10 years. OceanRock is a unique
provider of traditional and SRI solutions, and is a subsidiary of the
Qtrade Financial Group.
About the Qtrade Financial Group
The Qtrade Financial Group provides comprehensive brokerage and wealth
management platforms, services and solutions to the retail public as
well as the customers of hundreds of financial institutions across
Canada. Since 1999, Qtrade has been dedicated to providing its
financial institution partners with a single source for market-leading
wealth management products and services including: online, full-service
and institutional brokerage services, mutual fund dealer services,
insurance dealer services, portfolio management and discretionary money
management services and proprietary managed money solutions. For more
information, visit www.qtrade.ca.
Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus
before investing. Mutual funds are not guaranteed, their values change
frequently and past performance may not be repeated.
SOURCE Qtrade Financial Group
For further information:
Qtrade Financial Group
Vice President, Marketing & Communications