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Tangerine Socially Responsible Global Portfolio FAQs

Tangerine Socially Responsible Global Portfolio FAQs

Here are the most frequently asked questions about our Tangerine Socially Responsible Global Portfolios:

What is Socially Responsible Investing (SRI)?

Socially Responsible Investing, or SRI, is a strategy that considers not only the financial returns from an investment, but also its impact on environmental, ethical and social issues.

What is Socially Responsible Investing?

What makes Tangerine Socially Responsible Global Portfolios a different way to invest?

With input from our Clients, we designed the Tangerine Socially Responsible Global Portfolios to align with our unique investors’ values. They are a simple, low-cost way for Clients to have exposure to a selection of Socially Responsible Exchange Traded Funds (ETFs) in a mutual fund, while knowing that we’ve removed controversial holdings (a full list of exclusion criteria is provided in the answer to the fifth question below). It’s a different way to feel good about your investments.

Can I automate my investments with Tangerine Socially Responsible Global Portfolios?

Yes, as with our Tangerine Core and Global ETF Portfolios, our Tangerine Socially Responsible Global Portfolios allow you to invest on autopilot. We take care of rebalancing, dividend reinvesting, and automatic contributions.

How do I purchase a Tangerine Socially Responsible Global Portfolio?

Start by becoming a Client, if you aren’t already one. Then, when you’re ready to open your Investment Fund Account, we’ll ask you some questions to create your Investor Profile. At the end, we’ll recommend the most suitable Portfolio for you. Select “Make it Socially Responsible” to choose the SRI option.

What are the Tangerine Socially Responsible Global Portfolios made up of? Do they include stocks and bonds?

The Portfolios are mutual funds made up of a selection of ETFs, giving you exposure to a variety of stocks and bonds from around the world. Each of our Socially Responsible Global Portfolios includes a different mix of stocks and bonds to meet your investment needs.

Guided by the feedback we’ve received from our Clients, we manage these Portfolios to avoid companies based on the following criteria:

• Controversial Business Activities: Companies that are perceived to be generating a material level of revenue from controversial business activities, such as fossil fuels, tobacco and more.

• Carbon Intensity: Companies ranking in the top 25% of their sector for the most carbon intense (CO2/Revenue) manufacturing practices are removed from the Portfolio.

• Gender Representation: Companies with no female representation in key decision-making positions are also eliminated.

• Established Norms: Companies with alleged or verified non-compliance with established international norms (e.g. anti-corruption plus human, labour & environmental rights).

• Controversial Weapons: Companies with verified ongoing involvement in controversial weapons.

These exclusions mean that your investment in certain industries, such as energy for example, won't be as extensive as with our Global ETF Portfolios. You’ll pay a little bit more for a Portfolio that is managed to avoid companies involved in these categories. Because of these differences, the Socially Responsible Global Portfolios may perform differently than the Global ETF Portfolios. For full details, please see the Prospectus.

How do I switch between Portfolios online?

To switch your Portfolio:

Step 1: Log in, if you aren’t already logged in.

Step 2: Select the Account you’d like to switch and then go to the Account Details screen.

Step 3: Select ‘Switch my Portfolio’, and we’ll take you through your Investor Profile.

Step 4: Select ‘Make it Socially Responsible’ and accept the Terms and Conditions.

After a few business days, the switch will be complete.

Is there a minimum amount to invest?

You can get started with as little as $25. After that, there are no minimums for subsequent purchases.

What are the fees for the Tangerine Socially Responsible Global Portfolios?

A fund's expenses are made up of the management fee, operating expenses (including the fixed administration fee), and trading costs. The annual management fee of each Tangerine Socially Responsible Global Portfolio is 0.55% of the Tangerine Socially Responsible Global Portfolio’s value. Because the Tangerine Socially Responsible Global Portfolios are new, their operating expenses and trading costs are not yet available.

Tangerine is a registered trademark of The Bank of Nova Scotia, used under licence. The Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are available by opening an Investment Fund Account with Tangerine Investment Funds Limited (“Tangerine Investments”). Tangerine Funds are proprietary and sold only by Tangerine Investments. These firms are both wholly owned subsidiaries of Tangerine Bank.

Commissions, trailing commissions, management fees and expenses 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.