Socially Responsible Investing (SRI):
Doing the Right Thing
Socially responsible investing, also known as sustainable investing, socially conscious or ethical investing, is an investment strategy that seeks to maximize both financial return and social good. In general, socially responsible investors favour corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity.
While McLean Budden offers pooled SRI funds, the MB Responsible funds also offer customized screening for segregated (individually managed) portfolios.
For clients interested in socially responsible investing, The MB Responsible Funds are screened versions of existing pooled funds. The screens exclude:
- Companies that derive more than 10% of their gross annual revenue from the manufacture and sale of tobacco products, alcoholic beverages, armaments, pornography, or from the provision of gaming facilities.
- Companies with significant operations and/or suppliers that do not adhere to local employment standards, and do not address the issue.
- Companies whose negative impact on the environment is greater than the average of their peers.
- MB Responsible Balanced Fund
- MB Responsible Fixed Income Fund
- MB Responsible Canadian Equity Fund
- MB Responsible Global Equity Fund
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