RBC Global Asset Management has launched the RBC Vision Fossil Fuel Free Global Equity Fund as part of the suite of RBC Vision Funds that were introduced earlier this year.
RBC Vision Fossil Fuel Free Global Equity Fund seeks to achieve long-term capital growth by investing in equity securities from around the globe. The Fund avoids companies that are directly involved in extracting, processing or transporting coal, oil or natural gas and also utilises an exclusion list based on ‘The Carbon Underground 200’.
“RBC Global Asset Management has offered socially responsible investment solutions to Canadian investors for more than a decade and we are proud of our leadership in this space,” says Doug Coulter, President of RBC GAM Inc. “We are pleased to expand the suite of RBC Vision Funds with the new RBC Vision Fossil Fuel Free Global Equity Fund.”
RBC Vision Fossil Fuel Free Global Equity Fund, like all mandates managed by RBC Global Asset Management’s London-based Global Equity team, applies an integrated environmental, social and corporate governance practice.
“We integrate environmental, social and corporate governance principles into our assessment of every investment opportunity to help ensure that we invest in sustainable wealth-generating businesses,” says Habib Subjally, Senior Portfolio Manager and Head of Global Equities. “We select the holdings in the RBC Vision Fossil Fuel Free Global Equity Fund based on a thorough understanding of the company, its business and its outlook, with the aim of providing long-term growth potential.”
RBC Vision Fossil Fuel Free Global Equity Fund is available to individual investors through five options: Series A; Series F; Advisor (ISC); Advisor (LL), and Series D. The Fund is also available to institutional investors through Series O.