Tangerine Investments’ socially responsible investment portfolios help clients invest for their future and the world around them

TORONTO, January 20, 2022 /CNW/ – Today, Tangerine Investment Management Inc., a wholly-owned subsidiary of Tangerine Bank, announces a new addition to its investment fund offering with the launch of Tangerine Socially Responsible Global Portfolios.

The new Portfolios will contain a globally diversified mix of Scotia Responsible Investing Exchange Traded Funds (ETFs), with an asset allocation strategy tailored to different investor profiles, and excluding companies based on socially responsible investment criteria* to align with clients’ values ​​and investments. priorities. The result is a different way of investing that avoids companies based on the criteria below (see prospectus for details):

  • Controversial business activities: Companies that generate a significant level of revenue from controversial business activities, such as fossil fuels, tobacco, etc.

  • Carbon intensity: Companies ranking in the top 25% of their industry for the most carbon-intensive manufacturing practices (CO2/revenue)

  • Established standards: Companies in the event of alleged or proven non-compliance with established international standards

  • Representation of genders: Companies without female representation in key decision-making positions

“As a purpose-driven organization, we are committed to ensuring that our activities align with our environmental, social and governance strategy,” said Gillian Riley, President and CEO of Tangerine Bank. “We are delighted to introduce Socially Responsible Global Portfolios, in partnership with Scotia Global Asset Management, because we know our clients are also looking for opportunities to invest in the future through investments that reflect their values.

Other key features of the new Tangerine Socially Responsible Global Portfolios include:

  • Reduced management fees: Our low price[i] helps ensure your money works more for you.

  • Investment on autopilot: We have you! Set it up and we’ll do the rest with our simplified features, such as automated contributions, automatic rebalancing, and dividend reinvestment.

  • Globally diversified: Each portfolio invests in bonds and/or stocks from more than 20 countries around the world, providing growth opportunities and diversification options at your fingertips.

  • Start with as little as $25: No big lump sums or commitments needed to start your investment journey – all it takes is $25.

Tangerine is a well-established leader in digital investing, delivering solutions that save clients time and money, time and time again. Tangerine Investments reached $6 billion of assets under management in 2021. The new socially responsible global portfolios join the existing core portfolios and global ETF portfolios as the latest investment fund options to meet customers’ investment needs. Tangerine’s investment options offer an end-to-end digital experience, accessible minimum investment, automatic contributions, and the ability to choose between RSP, TFSA, RIF, and non-registered accounts.

For more information on Tangerine’s new socially responsible global portfolios, visit https://www.tangerine.ca/en/products/investment.

For more information on investing, see the Forward-thinking blog.

About Tangerine Investment Funds
Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are only available by opening an online investment fund account with Tangerine Investment Funds Limited. Both companies are wholly owned subsidiaries of Tangerine Bank. Tangerine Investment Funds Limited is the principal distributor of Tangerine Investment Funds.

About Scotia Global Asset Management
Scotia Global Asset Management consists of 1832 Asset Management LP, a limited partnership, the general partner of which is wholly owned by Scotiabank. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management LP is the portfolio advisor to Tangerine Global Socially Responsible Portfolios.

About Tangerine Bank
Tangerine Bank is a leading digital bank that offers Canadians everyday banking made easy. With over 2 million customers and over $40 billion in total assets, it is one of from Canada major digital banks. Tangerine Bank offers flexible and accessible banking, innovative products and services, fair fees and award-winning customer service. From savings accounts to no-fee daily checks, credit cards, GICs, RSPs, TFSAs, mortgages, loan products and investment funds through its subsidiary, Tangerine Investment Limited, Tangerine Bank offers the banking products Canadians need every day. Through Tangerine Project Forward™, Tangerine is committed to empowering communities through programs and initiatives that inspire self-confidence, leadership and acceptance in young Canadians. With over 1,200 employees in Canada, the bank’s presence extends from its website and Mobile Banking app to its 24/7 contact centers and Torontothe head office. Tangerine Bank was launched as ING DIRECT Canada in 1997. In 2012, Tangerine was acquired by Scotiabank and operates independently as a wholly owned subsidiary.

Tangerine is a registered trademark of La Banque du New Scotland, used under license. Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are available by opening a mutual fund account with Tangerine Investment Funds Limited (“Tangerine Investments”). Tangerine Funds are proprietary and sold only by Tangerine Investments. These companies are both wholly owned subsidiaries of Tangerine Bank.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, their values ​​change frequently and past performance may not be repeated.

*Please refer to the fund prospectus available at https://www.tangerine.ca/en/products/investment for the complete list of exclusions.


[i] The Portfolio’s expenses include the management fee, trading fee, fixed administration fee and other operating expenses. The annual management fee is 0.55% of the value of the Portfolio. The fixed annual administration fee is 0.15% of the value of the Portfolio. Since this portfolio is new, its other operating expenses and trading fees are not yet available.

SOURCE Tangerine


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