Meritas Mutual Funds, a provider of socially responsible investments (SRI) today launched Canada’s first rebalancing portfolio fund for SRI investors.

The Meritas Balanced Portfolio Fund is the first fund of funds for the SRI market in Canada and it is also the first time that these investors can access a fund that automatically rebalances back to preset benchmarks.

“This is a significant milestone for investors and advisors in Canada,” says Gary Hawton, CEO of Meritas.

The Meritas Balanced Portfolio Fund gives investors access to four sub-advisors with nearly 100 years of combined experience managing SRI portfolios. The fund will invest in five other Meritas Mutual Funds and provides access to the investment expertise of Genus Capital Management, MMA Capital Management, State Street Global Advisors, and Thornburg Investment Management Inc., which was recently named International Manager of the Year by Morningstar.

Meritas Mutual Funds are available through investment advisors across Canada.