The Wealthsimple Balanced SRI portfolio is our medium risk portfolio with a focus on Socially Responsible Companies. In other words, we built this portfolio with the goal of balancing the growth and the protection of your capital while ensuring we align your investments with your ethics and values. Over the long-term, we don't anticipate this portfolio to have the highest expected returns as markets trend upwards over a long period of time, but it will also provide a fair amount of cushion (or capital protection) during a market decline. That said, this portfolio can still suffer short-term losses during a broad market decline (e.g. a ~20% losses in 2008).
Our balanced SRI portfolio has 50% exposure to equities and 50% exposure to fixed income or bonds.
Your portfolio will be invested in the following funds:
|iShares MSCI ACWI Low Carbon Target ETF||CRBN||Global stocks with a lower carbon exposure than the broader market.||20%|
|iShares Jantzi Social Index ETF||XEN||Canadian stocks, excluding companies with a poor social-responsibility record based on broad ESG criteria.||15%|
|Vident International Equity Fund||VIDI||Developed and emerging economies with sustainable growth, based on criteria such as human rights and low corruption.||7.5%|
|PowerShares Cleantech Portfolio||PZD||Cleantech innovators in the developed world.||7.5%|
|BMO Mid Federal Bond Index||ZFM||Mid term debt securities issued or guaranteed by the Government of Canada||50%|
This portfolio is ideal for the following situations:
- If you have a goal (buying a home, saving for a vacation, etc) that's about 5-10 years away and are comfortable with some fluctuations in your account.
- If you're retired and are comfortable with some fluctuations in your account.
- If you have a longer term goal (10+ years) and are willing to take some risks to ensure your funds grow adequately over time but aren't comfortable with very large fluctuations in your account.
- If you have a longer term goal (10+ years) and are willing to take some risks to ensure your funds grow adequately over time but haven’t had experience with investing or account fluctuations before. This is ideal for first time investors.
Note: The SRI version of our balanced portfolio has a fee that is slightly higher than our standard growth portfolio (0.33% instead of 0.21%).
If you feel like one of your accounts should be in the Balanced portfolio but isn't at the moment, you can submit a request to change it by logging into your profile on the web. Click your name in the top right-hand corner > Settings > Account > Investment profile. In the Investment profile box there will be a link to a short questionnaire asking about the change you'd like to make. Our Portfolio Managers will review your request and will reach out via email within 1-2 business days to help make sure that it's suitable for your situation.