First-of-its-kind mutual fund mandate in Canada - very promising future
TORONTO, May 9, 2013 /CNW/ - Global Women Equity Company's (the "GWEC) press release issued on May 2, 2013 has generated substantial press coverage on a national level. GWEC has received very positive feedback from financial advisors and the media requesting additional information on Global Women's Equity Fund (the "GWEF).
"We expected a positive response to this innovative and first-of-its-kind investment mandate in Canada. Assets managed under sustainable and socially responsible guidelines in Canada grew by 16% between June 30, 2010 and December 31, 2011. By comparison, total assets under management grew by 9% in the same time period. Total assets managed under SRI guidelines is $600.9 billion which represents 20% of assets under management in the financial industry, up from 19% of the market in 2010", said Alexis Klein, Chief Marketing Officer at GWEC.
GWEF's mandate will appeal to investors interested in purchasing high-quality stocks while at the same time actively promoting women's causes globally.
"It's a very simple equation, really. The active promotion of the advancement of women causes has been a strong movement over the past few years, on a global scale. Second, the demand for socially responsible investment mandates is growing. Third, we are the first company to offer such a mandate in Canada. This is clearly a win-win situation for investors and society as a whole".
SOURCE: Global Women Equity Corporation
Alexis Klein
Chief Marketing Officer
Global Women Equity Company
Cell: 647-223-1001
[email protected]
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