Thursday, May 22, 2008

Social Investing

A friend asked me to look into socially responsible investing and I found the Jantzi Research site. It rates companies re a social investment analysis. Their site is Some people feel that looking at a company's financial statements will just give you a view of the past, but not what will happen in the future. Whereby looking at how well companies do re such indexes show you how well they will do in the future. If they get these intangibles right, they will do well in business for the future.

There is an ETF on the TSX using the symbol XEN. This fund consists of 60 Canadian companies that pass a set of broadly based environmental, social, and governance rating criteria. For details on ishare funds like XEN, go to

The good things about ETF’s is that you can buy the fund on the open market and you do not need to wait until the following day to find out what price you are paying for a fund. The other thing is low MER’s, with the fees under these funds running at about ½ of 1%. There are, of course, pros and cons to everything.

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