Jump to Main Content

Responsible Investing NEI Video

Dilys D’Cruz:

So, let’s start with maybe just talking about what is responsible investing?

Fred Pinto:

That’s a great question, Dilys and a number of our investors have exactly the same question. And you know, quite frankly the industry has not done a great job in really being specific. There’s a lot of jargon out there. There is SRI, there is RI, there is ESG. And so in a nutshell, responsible investing is an approach that incorporates environmental, social and governance factors in the selection and the management of assets. Now, that is the technical definition. I think of responsible investing as a way to grow your wealth and do it in a sustainable way.

Dilys D’Cruz:

There’s always been this myth about you know, trading off returns if you want to invest responsibly – is that the case?

Fred Pinto:

You know, it’s one of the long lasting myths in responsible investing and I won’t tell you how long I’ve been involved with responsible investing. But, from the very first moment you know I was talking to someone and they said, “Well Fred, responsible investing; you know by definition that means you’re going to give up returns because you’re excluding companies.” And from our perspective there is absolutely, absolutely no trade-off in return. What we are doing is we’re actually ensuring that companies that display and have some of these ES and G risks, are actually excluded from portfolios and that would give us a more improved risk and return profile down the line.

Dilys D’Cruz:

That’s fantastic. Fred, it’s just great to have you and your team as Meridian’s asset manager and this is just another way for Meridian and its Members to be able to make a social impact and so partnering with you is just the ideal match. Thanks so much. And for anybody who wants to find out more about responsible investing feel free to reach out to a Meridian advisor. Fred, it’s been great chatting.

Fred Pinto:

Take care Dilys.

Dilys D’Cruz:

Take care.

Find out more about responsible investing. Talk to a Wealth advisor near you at MeridianCU.ca/Wealth