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Stock impact report

Ten sustainable funds that have fared well during the pandemic crisis [Toronto Globe and Mail (Ontario, Canada)]

Morningstar, Inc. (MORN) 
Ten sustainable funds that have fared well during the pandemic crisis Sustainable global equity funds. The massive drawdown that has rocked global equity markets has tested the resolve of individual investors and professional fund managers alike. Although the COVID-19 pandemic has captured the attention of many, perhaps hidden amid the noise is the performance of sustainable investments. The recent drawdown showed a clear picture that having a sustainable view is not independent of investment performance. In Canada, Morningstar has identified mutual funds and exchange-traded funds that have a sustainable approach as stated in their prospectuses and related regulatory filings. On a year-to-date basis ended April 21, I found that of 86 mutual funds and ETFs that have a sustainable mandate, a whopping 70 per cent ranked within the top half of their respective peer groups. This is not a phenomenon just in Canada, but globally, echoed by my colleague Dr. Jon Hale in his analysis of sustain Show less Read more
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