The Responsible Investment Association (RIA) conducts quarterly performance reviews of responsible investment (RI) funds in Canada. Data provided by Fundata shows that Canadian RI mutual funds performed well in Q3 2018. In the three-month period ending September 30, 2018, a majority of RI funds outperformed their industry average in their respective fund classes.
More than two-thirds of RI funds with a five-year track record and more than half of funds with three-year and 10-year track records outperformed their industry averages, highlighting the long-term value of incorporating environmental, social and governance factors into investment decisions. Nearly three-quarters of funds with a one-year track record outperformed, and 57% of funds outperformed for the three-month period ending September 30, 2018.