Q3’23 Sustainable Funds Landscape for Canadian Fund Investors
Q3’23 Sustainable Funds Landscape for Canadian Fund Investors
Sustainable funds show resilience in Q3 2023
Sustainable investing has increasingly become a topic of interest for investors in recent years. With the growing awareness of environmental, social, and governance (ESG) factors, more and more investors are looking to align their values with their investments, which has given rise to the sustainable funds market.
In our latest edition of the Canadian Sustainable Funds Landscape report, our data shows sustainable funds continue to hold a strong position in the market, despite facing challenges in Q3 2023. Investors pulled $22.4 million from sustainable funds in Q3 2023, representing the first quarter of net outflows since Q2 2020, and, even though the size of sustainable fund assets decreased 4.3% in Q3 2023, this still indicates a 13.3% increase over the last year.
What does this mean for the market? The potential for continued growth. Thirteen new sustainable funds launched in Q3 2023, affirming that sustainability remains an important part of the Canadian market.
Read more about the market's performance, trends, and shifts in the full report.
What's Inside
What's Inside
- The source of sustainable fund flows and asset size in Canada.
Healthy growth of sustainable fund product development.
The top Canadian sustainable funds by net inflows, net outflows and asset size.
Performance of Canadian sustainable funds relative to peers.