Socially Responsible Investing
Invest in a better world
Get the same award-winning Wealthsimple features in a portfolio that advances socially responsible initiatives.
Invest according to your values
Invest in socially responsible initiatives across the globe, so you can be well-diversified while helping build the world you want.
How we build your SRI portfolio
We invest your money across the entire stock market using low-fee exchange traded funds (ETFs) that are carefully screened and weighted for environmental and social impact, as well as for performance.
Here's what a typical portfolio looks like:
- CRBN - Low Carbon
Global stocks with a lower carbon exposure than the broader market - XEN - Environment
Canadian stocks that prioritize environmental and social concerns - VIDI - Human Rights
Global stocks with a positive record on human rights and corruption - PZD - Cleantech
Cleantech innovators in the developed world - ZFM - Government Securities
Canadian federal bonds with AAA rating
Join others like you
- More than a quarter of Wealthsimple clients have chosen an SRI portfolio
- $22 trillion in assets worldwide are now invested in SRI funds
Meet our money experts
- Honest - We're what's called a fiduciary. That means we're obligated to give you actionable feedback that's in your best interest, not ours. Schedule a portfolio review.
- Human - We're loved for our technology. But we also have smart people to answer any questions or give advice when you need it.
- Experienced - Our advisors have thousands of hours of experience advising seasoned, high-net-worth investors, and folks just starting out.
Over $5B and counting - More than 175,000 people trust over $5 billion with Wealthsimple companies
Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection
Insurance and protection - All of our accounts have standard insolvency and deposit protection
Powerful backing - Wealthsimple is backed by $265M in investment from some of the world's largest financial institutions
We keep your money safe
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FAQs
Wealthsimple's SRI portfolios contain the following ETFs:
| ETF | Symbol | Description |
|---|---|---|
| iShares MSCI ACWI Low Carbon Target ETF | CRBN | Global stocks with a lower carbon exposure than the broader market |
| PowerShares Cleantech Portfolio | PZD | Cleantech innovators in the developed world |
| iShares Jantzi Social Index ETF | XEN | Canadian stocks, excluding companies with a poor social responsibility record based on broad ESG criteria |
| Vident International Equity Fund | VIDI | Developed and emerging economies with sustainable growth, based on criteria such as human rights and low corruption |
| BMO Mid Federal Bond Index | ZFM | Fixed-income exposure via Canadian government bonds, in order to optimize for risk |
Wealthsimple charges the same management fees for SRI portfolios as non-SRI portfolios (0.5% on the your first $100,000 and 0.4% after that). However, the fees charged by the firms that manage the ETFs are modestly higher than the fees for regular ETFs - a weighted average of 0.25% to 0.40%, compared with 0.1% to 0.2% for standard Wealthsimple portfolios. There's a good reason for a higher fee: someone smart needs to screen for the most socially responsible companies by combing through reams of data and designing cutting-edge analysis tools.
Investor type: Our Growth portfolios range from 75-90% equity and are designed for an individual with medium-to-high risk tolerance. If you can bear market fluctuations with relative ease and understand that there can be short-term periods of poor performance, this portfolio is for you.
Performance: We've modelled an 80% equity portfolio below. This portfolio has grown by a cumulative 21.9% (net of fees) since it was launch on March 24, 2016 to January 31, 2019.
| Period | Performance |
|---|---|
| 1m | 5.3% |
| 3m | 4.1% |
| 6m | -3.2% |
| 1yr | -1.6% |
| Inception | 23.4% |
| Inception (annualized) | 7.4% |
| Year | Performance |
|---|---|
| 2016 | 9.0% |
| 2017 | 13.0% |
| 2018 | -4.7% |
| 2019 | 5.3% |
Breakdown: To see the full list of the funds your portfolio will be invested in, click here.
Investor type: Our balanced portfolios are suitable for an investor with low-to-medium risk tolerance. If you are relatively cautious with your capital but are willing to seek a return commensurate with reasonable risk, this portfolio is for you.
Performance: We've modelled a 50% equity portfolio below. This portfolio has grown by a cumulative 12.0% (net of fees) since it was launched on March 24, 2016 to November 30, 2018.
| Period | Performance |
|---|---|
| 1m | 3.6% |
| 3m | 4.2% |
| 6m | -0.7% |
| 1yr | 0.7% |
| Inception | 14.2% |
| Inception (annualized) | 4.6% |
| Year | Performance |
|---|---|
| 2016 | 4.9% |
| 2017 | 7.4% |
| 2018 | -2.2% |
| 2019 | 3.2% |
Breakdown: To see the full list of the funds your portfolio will be invested in, click here.
Investor type: Our Conservative portfolios have around 30% equity allocation. These have been designed for for a conservative investor desiring a slightly larger equity component. If you prefer stability and a modest return, this portfolio is for you. You should be willing to accept that there are short-term market fluctuations but also hold a long-term perspective.
Performance: We've modelled a 35% equity portfolio below. This portfolio has grown by a cumulative 7.6% (net of fees) since it was launch on March 24, 2016 to November 30, 2018.
| Period | Performance |
|---|---|
| 1m | 2.7% |
| 3m | 4.0% |
| 6m | 0.7% |
| 1yr | 2.4% |
| Inception | 9.8% |
| Inception (annualized) | 3.2% |
| Year | Performance |
|---|---|
| 2016 | 3.0% |
| 2017 | 4.% |
| 2018 | -0.3% |
| 2019 | 2.7% |
Breakdown: To see the full list of the funds your portfolio will be invested in, click here.