On The Shelf:

(July 23, 2008) If gas prices are getting you down, why support climate change with your investment dollars? HSBC launched its Global Climate Change Fund on Wednesday, so Canadians with environmentalist tendencies can make money while helping the planet.

The fund will invest in companies around the world that will benefit from climate change solutions. And it’s not too costly for the average investor to jump on the climate change bandwagon either — the minimum investment is $500.

“The pace of action to combat climate change is increasing as governments, industry and commerce respond to growing public demand to change the way humans impact the environment. This means there are fast-developing opportunities for companies that successfully put climate change issues high on their corporate agenda,” says Marc Cevey, HSBC Investment Funds’ CEO.

(07/23/08)

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.