Scotia Global Asset Management today (May 18)  announced the launch of a suite of Scotia Global Asset Management Sustainable Funds for institutional and high net worth clients, sub-advised by Jarislowsky, Fraser Limited (JFL Global Investment Management), an investment management firm with extensive experience in sustainable investing.

The Funds are: 

• Scotia Sustainable Global Corporate Bond Fund
• Scotia Sustainable Global Equity Fund 
• Scotia Sustainable Emerging Markets Equity Fund Scotia Global Asset Management

Sustainable Funds are designed to provide a diversified portfolio of high-quality businesses, with material environmental, social and governance (ESG) factors integrated into the investment decision-making process. 

Scotia Sustainable Corporate Bond Fund is designed to generate income and preserve wealth by investing in high-quality global corporate bonds.

Scotia Sustainable Global Equity Fund is designed to provide capital appreciation by investing in the equity securities of companies around the world.

Scotia Sustainable Emerging Markets Equity Fund is designed to provide capital appreciation by investing in the equity securities of companies in, or that have exposure to, emerging markets. 

“At International Wealth Management, we look to create value for our clients by bringing innovative products to each of our markets leveraging our global expertise. We recognise that ESG considerations are a key component of delivering long-term value to investors,” said Raquel Costa, senior vice president of International Wealth Management, Scotiabank.

“Sustainability is becoming a central part of decision-making for consumers, businesses and governments. Now we have these dedicated solutions for investors and advisors who want a forward-thinking, diversified portfolio of high-quality businesses and robust risk management,” said Mario Causarano, regional wealth management head, Caribbean, Central America & Uruguay (CCAU), International Wealth Management, Scotiabank.

The Funds are sub-advised by JFL Global Investment Management, acquired by Scotiabank in 2018, one of Canada’s premier investment management firms and a signatory to the United Nations-supported Principles for Responsible Investment.

JFL Global Investment Management’s long-established history and culture of investment stewardship are expressed through an adherence to higher-quality investing, fundamental research, a long-term investment horizon and the advancement of good governance and sustainable investing.