Scotia Global Asset Management has strengthened its funds range with the introduction of a new suite that is targeted at clients seeking investment offerings with low carbon intensity.

The new Scotia Low Carbon Funds suite are said to offer a lower carbon intensity than the broader market, the company said.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The range includes Scotia Low Carbon Canadian Fixed Income Fund, which eyes regular income as well as “modest capital gains”.

The suite also includes the Scotia Low Carbon Global Balanced Fund, which aims to generate income and seeks long-term capital growth.

Another strategy in the suite is the Scotia Low Carbon Global Equity Fund, which aims long-term capital growth.

All the vehicles have lower carbon intensity than its benchmark index, noted the company.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Scotia Global Asset Management (Canada) head Neal Kerr said: “At Scotia Global Asset Management, we recognise that environmental, social and governance considerations are a key component of delivering long-term value to investors, which is why we embed them throughout our investment process.

“Now we have dedicated strategies for clients who are looking for investment solutions with a lower carbon footprint.”

The strategies are sub-advised by investment manager Jarislowsky, Fraser, which Scotiabank snapped up in 2018.

Scotia Global Asset Management also renamed multiple funds. These funds have started operating under the new name from the 6th of this month.

However, the investment objectives of the funds have remained unchanged.

Scotia Global Asset Management serves private as well as institutional clients through various wealth management solutions such as mutual funds, and investment solutions.