Launched in 2023*, the environmental, social, and (corporate) governance (“ESG”) conscious investment-grade bond mandate objective is to preserve capital and generate income by investing in bonds with good relative ESG performance and attractive coupons.
The mandate invests in approximately 30-40 fixed income securities issued by companies who have achieved good scores in a third-party ESG valuation process; for safety, the mandate may also invest in government issues. The return target is 50-200 basis points over 5-year Canadian bonds.
Institutional accounts are customized to meet compliance requirements.