Meritas Mutual Funds has announced the launch of the Meritas Monthly Dividend and Income Fund. The fund combines the investment expertise of Jarislowsky, Fraser Limited and the social, environmental and governance research of Jantzi Research Associates.

"This is a significant milestone for investors and advisors in Canada," said Gary Hawton, CEO of Meritas Mutual Funds in a news release Feb. 1. "Jarislowsky, Fraser Limited is one of Canada's most respected investment management firms and one of the leading advocates for good corporate governance. It is an honour to partner with them to allow investors who want to access their expertise to be able to do so and also align their investments with their social, ethical or environmental concerns.”

Len Racioppo, Chief Investment Officer of Jarislowsky, Fraser noted, "We are pleased to have been chosen for this mandate. We have numerous institutional accounts with a variety of social or environmental restrictions on them. To be able to manage a retail mutual fund for investors who wish to have screens on their portfolio was a natural progression for us."

The fund will be structured in such a manner as to payout a monthly distribution to investors who may choose to receive this distribution or reinvest it in more units of the fund.

For more information, visit www.meritas.ca.

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