Wants Socially Responsible Funds
Question: I’m 43, and I have nothing, whatsoever, in the way of RRSP or investments. My problem is this: I don’t feel right about investing. That is, I would feel better if I invested in ethical funds. May I have your opinion on these funds?
Gordon Pape answer: The generic name for this type of fund is “socially responsible”. Ethical is a brand name, which the company is actually suing to protect in the wake of the launch of a new fund by Mackenzie Financial that uses the word “ethical” in its title.