Genus announces new Global Impact Bond Fund to target green investors

By Devika Patel

Knoxville, Tenn., June 18 – Genus Capital Management has launched one of the first globally-oriented green bond fund offerings available to Canadians, according to a press release.

According to the Thursday release, Genus’ Global Impact Bond Fund can invest not only in green bonds but also in social and other types of sustainable bonds.

The fund is managed by Alpha Fixe Capital, which plans to allocate investments as follows: 29.61% in the renewable energy sector, 17.69% in low-carbon buildings and 15.32% going towards the development of energy efficient public transportation, with other green investments comprising the remainder.

The proceeds of the green bonds will fund green projects around the world. These projects could be in renewable energy or low carbon infrastructure.

Genus Capital Management is a Vancouver, B.C., independent wealth management firm.

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