Addenda Capital readies Addenda Impact Fixed Income Pooled Fund

By Tali Rackner

Minneapolis, Jan. 22 – Addenda Capital Inc. said its Addenda Impact Fixed Income Pooled Fund is seeded and ready to take new investors, according to a press release.

The fund is one of the first domestically focused fixed income impact investment funds in Canada.

Addenda said it designed the fund to create positive impacts while providing market-like returns. The investment solution meets the needs of Canadian institutional investors and high net worth clients who seek to improve society through their investments.

"More and more, investors are looking to effect change while achieving financial returns. Some pensions and endowments want to align better their investments with their mission and their values. We are making impact investing accessible to investors as they can simply substitute some or all of their traditional fixed income allocation with our Impact Fixed Income Fund," president and chief executive officer Roger Beauchemin said in the release.

Addenda Capital is an investment management firm based in Montreal.

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