The fund, called the Meritas Balanced Portfolio Fund, will invest in five other Meritas Mutual Funds. If one asset class is outperforming other asset classes within the fund, the manager of the fund is required to sell some of that asset class and purchase units of the under-performing asset class.  This produces, in effect, a forced effort to sell high and buy low.

 

"With the rise and fall of markets in the last few years, many investors understand the value of a portfolio approach to investing rather than pinning their retirement hopes on one or two stocks," said Meritas CEO Gary Hawton. He added that this fund allows investors to get diversification and to automatically rebalance their portfolio back to the original benchmarks. 

 

Meritas Financial Inc. is devoted solely to creating and marketing socially responsible investments under the brand name Meritas Mutual Funds.  Committed to all three aspects of Socially Responsible Investing, Meritas uses positive and negative screening guidelines, shareholder activism and community development investments to help people align their investments with their social, ethical and environmental concerns.

   

Meritas Mutual Funds are available through investment advisors across Canada. For more information, visit www.meritas.ca.