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How
much have Canadians invested in ethical (or socially screened)
mutual- or labour-sponsored funds?
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By
June 2000, the amount Canadians had invested in ethical (or socially
screened) mutual- or labour- sponsored funds was calculated to $10.35
billion. This amount is nearly 75% higher than the $5.9 billion
invested in these types of funds by June 1998. Interestingly, the
growth in ethical or socially responsible investing more than doubled
the general mutual-fund growth rate of 30% during that same time
period, according to the Investment Funds Institute of Canada (IFIC). |