The RIA’s Quarterly RI Fund Reports to be Powered by Morningstar

March 5th, 2021

The Responsible Investment Association (RIA) is pleased to announce it will deliver quarterly reports powered by Morningstar data on the performance of responsible investment (RI) funds in the Canadian market.

The RIA will leverage Morningstar, Inc. (Morningstar) data to develop its Quarterly RI Fund Reports, which will cover mutual funds and exchange-traded funds in Canada that disclose RI practices in regulatory documents, and are marketed as responsible investments.

The RIA’s new Quarterly RI Fund Reports will include Morningstar data on the performance of RI funds, as well as RI fund flows and RI product launches. These reports will be posted on the RIA’s website and distributed via the RIA’s newsletters and social media channels. An additional spreadsheet containing performance data for all RI products will be made available exclusively to RIA members via the members-only section of the RIA website.

The RIA and Morningstar will also align their approaches to sizing the market for RI funds in Canada, helping lead to more consistent market sizing figures across the industry.

“We are pleased to work with Morningstar to enhance our research capabilities,” said Dustyn Lanz, CEO of the Responsible Investment Association. “The use of Morningstar data will enable us to deliver more robust Quarterly RI Fund Reports for our membership. In addition, as the RI market matures, it is important that we collaborate with key stakeholders to promote convergence and alignment with respect to market sizing data. This will help us do that,” said Lanz.

“Globally, Morningstar continues to focus on helping investors de-mystify the concept of investing sustainably through our data, ratings, research, and analytics” said Scott Mackenzie, CEO of Morningstar Research Inc. “As such, we are pleased to assist RIA Canada in providing insights into this quickly evolving space with the end goal to empower the success of the Canadian investor.”

About the Responsible Investment Association

The Responsible Investment Association (RIA) is Canada’s industry association for responsible investment (RI). The RIA aims to drive the growth and development of RI in Canada, with a vision to align capital with sustainable and inclusive development as codified in the Paris Agreement and the UN Sustainable Development Goals. Our members include asset managers, asset owners, advisors, service providers and others who support these objectives. The RIA’s institutional members collectively manage more than $25 trillion in assets. Learn more at

About Morningstar Research Inc. and Morningstar, Inc.

Morningstar Research Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately US$227 billion in assets under advisement and management as of Dec. 31, 2020. The company has operations in 29 countries. For more information, visit Follow Morningstar on Twitter @MorningstarInc.

Nick Buccheri
RIA Director of Operations
+1(416) 461-6042 x5