The Wealthsimple Conservative SRI portfolio is our low risk portfolio with a focus on Socially Responsible Companies. In other words, we built this portfolio with the goal of limiting short term fluctuations while still trying to generate returns that can modestly outpace the rate of inflation. We've also built it to help align your investments with your ethics and values. The Conservative SRI portfolio would have declined by only about 10% in the 2008 downturn.
Our conservative SRI portfolio has 35% exposure to equities and 65% exposure to fixed income or bonds. It is 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%|
|BMO Mid Federal Bond Index||ZFM||Mid term debt securities issued or guaranteed by the Government of Canada||65%|
This portfolio is ideal for the following situations:
- If you have a goal (buying a home, saving for a vacation, etc) that's fairly short-term (3-5 years) and are only comfortable with small fluctuations in your account.
- If you're retired and are only comfortable with small fluctuations in your account.
- If fluctuations in your account make you very nervous but you're okay with a low level of fluctuations to try to grow the funds by more than what a savings account can generate.
Note: The SRI version of our conservative portfolio has a fee that is slightly higher than our standard growth portfolio (0.27% instead of 0.21%).
If you feel like your accounts should be more conservative than they are 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.