Look for terms such as “socially responsible investing” (SRI), “ethical,” “environmental” and “sustainable” in the name of a mutual fund product. They indicate that the money manager has used a screening criteria that focuses on ethical and environmental stocks. Many of Canada’s big banks now offer SRI products, and more are coming on the market each year. Unless you’re using an adviser, it’s much more complicated to ﬁnd an individual green stock because you have to do all the research yourself. As with any investment choice, you should do your due diligence—check out the System for Electronic Document Analysis and Retrieval (SEDAR) website, which is used for electronically ﬁling most securities-related information with the Canadian securities regulatory authorities. Its database includes ﬁnancial documents, such as annual reports, for public and mutual fund companies.
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