Data provided by Fundata shows that a large majority of Canadian RI funds outperformed their average asset class return in the third quarter of 2020, and over three-quarters of RI funds outperformed their average asset class return for the one-year period ending September 30, 2020.
Compared to their conventional fund peers, RI funds also performed well over the medium- to long-term periods reviewed in this report, highlighting the value of incorporating environmental, social and governance (ESG) factors into investment decisions. As of September 30, 2020, more than 80% of the RI funds outperformed their average asset class return over the previous three years, while more than 75% outperformed their average asset class return over the previous five years. More than two-thirds of the RI funds outperformed their average asset class return over the 10-year period ending September 30, 2020.
See the graphs below for a quick overview of notable RI fund performance in the third quarter of 2020. RIA Members can download the full report by logging in to their account and accessing Member Resources.
Average RI Fund vs. Average Asset Class Performance (%) to September 30, 2020
Note: Average asset class return includes RI and non-RI funds. For the purpose of this report, RI funds include those that are marketed as responsible investments and managed by RIA members, with RI strategies/policies disclosed in regulatory documents.
In the Global Equity fund class, nearly 70% of the RI funds outperformed their average asset class return in the quarter, and over three-quarters of the RI funds outperformed their average asset class return over the one-year period. A large majority of the RI funds in the category outperformed over the medium- to long- term periods reviewed in this report.
In the Global Equity Balanced fund class, more than 78% of the RI funds outperformed their average asset class return over the quarter and a similar proportion outperformed their average asset class return for the one- year period. A vast majority of the RI funds outperformed over the three-year, five-year and 10-year periods covered in this report.
In the Canadian Equity Balanced fund class, all of the RI funds outperformed their average asset class return in the third quarter of 2020, and a majority of the RI funds outperformed their average asset class return over the one-year period. More than 80% of the RI funds outperformed their average asset class return in the five-year and ten-year periods ending September 30, 2020.
In the Canadian Fixed Income Balanced fund class, the vast majority of the RI funds outperformed their average asset class return over the three-month, one-year, three-year and five-year periods ending September 30, 2020.
Download Q3 2020 Highlights PDF.
RIA Members can download the full report by logging in to their account and accessing Member Resources.
Data provided by Fundata
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