"FERIQUE Fund Management’s mission is to contribute to the financial health of Canadian engineers, their businesses and their families.
The personalized advisory services, financial planning and mutual funds offered by FERIQUE Fund Management are distributed to all eligible participants in an innovative and user-friendly manner.
Each FERIQUE Fund aims to outperform the median return of its universe of comparable funds, with a reasonable level of risk and management fees that are among the most competitive in the industry.
FERIQUE Fund Management is guided by integrity and social responsibility in everything it does."
The purpose of this Policy is to define a clear, flexible framework enabling FERIQUE to incorporate responsible investment considerations into its fund management, taking into account the markets where it invests.
With this Policy, FERIQUE intends to make a credible, effective contribution to improving the social balance sheets of businesses, with achievement of the target returns and risk limits of the FERIQUE Funds being its first objective.
FERIQUE’s approach to responsible investment is based on the following components: exercise of voting rights, shareholder engagement and inclusion of ESG criteria in investment analysis and decision making.
This Policy therefore enables FERIQUE to reconcile two fundamental objectives: to actively encourage businesses to adopt more responsible behaviour and to protect the assets of its clients over the long term. The Proxy Voting Policy and reports are available on the FERIQUE website.
Shareholder engagement is based on a responsible investment strategy whose objective is to actively influence portfolio companies so that they improve their ESG practices.
It involves several types of initiatives, the main ones being:
Such initiatives can be carried out individually or in cooperation with other stakeholders.
In a collaborative manner, FERIQUE supports the inclusion of ESG criteria into its managers’ traditional financial analysis process. FERIQUE believes that this practice enables managers to develop a fuller picture of a business and to consider a more complete range of investment risks as well as all the opportunities associated with such criteria.
4. FiltersIn line with the selected approach, namely to influence businesses in which funds are invested, FERIQUE does not impose a filter on its managers.
This Policy applies to all the FERIQUE Funds. Even so, the practices and methods used for total or partial inclusion of ESG criteria may vary from one asset class to another depending on the manager, the nature of the investment, the type of instrument and the portfolio’s investment strategy.
The following responsible investment practices are reviewed on a regular basis at the intervals specified:
Within the limitations of the competitive financial context in which it operates and the specific characteristics of each investment, FERIQUE regularly communicates its responsible investment activities to its clients on the website.
The role of FERIQUE’s Board of Directors is to approve the Responsible Investment Policy as recommended by the Investment Monitoring Committee.
2. Investment Monitoring Committee
The role of FERIQUE’s Investment Monitoring Committee is to review and recommend to the Board the Responsible Investment Policy, as prepared by management.
The Committee shall also review specific matters, such as:
Moreover, its role is to ensure that all the mechanisms required for implementation of the Responsible Investment Policy have been put in place and are effective. Among other things, it shall ensure that:
Management shall define the broad outlines of this Policy as well as the policy setting out the principles governing the exercise of proxy voting rights and shareholder engagement. It shall also ensure that the policies and procedures are applied.
Within this framework, it shall take FERIQUE’s mission into account when the Policy is revised.