Impact Funds
We manage two impact funds: Rally Total Impact Fund (RTIF) and Rally Global Equities Impact Fund (RGEIF). Both are open-end funds, available for purchase by accredited investors only. Through our joint venture Realize Capital Partners, we manage Realize Fund I; more information about that fund can be found on the Realize Capital Partners website.
OVERVIEW
- Dual Mandate, Impact and Returns: The funds seek high impact by targeting investments that contribute measurable and material positive outcomes for society and the environment. With these funds we first identify high-impact opportunities that contribute to realizing the UN Sustainable Development Goals (SDGs), then apply traditional fundamental analysis and due diligence to select investments in order to optimize the portfolio’s impact and risk-adjusted returns.
- Strategies: Negative screening (ex, fossil free), positive screening, thematic investing, ESG integration, shareholder engagement, impact investing.
- Themes: Addressing Climate Change, Preserving and Restoring Natural Capital, Sustainably Meeting Basic Needs, Advancing Social Equity.
- Global Exposure: Invested across global markets to generate impact that tackles critical global issues.
- Concentrated Approach: Invested exclusively in Rally’s highest conviction impact investment ideas.
- Active Strategy: We take an active role in security selection and in engaging with the fund’s companies.
- Impact Measurement: The funds use our proprietary impact methodology to assess, measure and report on impact.
- Integrated Portfolio Reporting: On a quarterly basis the fund reports financial and impact performance.
- Managed by a Highly Experienced Team: Investment Advisor: Rally Assets, Fund Manager: Majestic Asset Management, Administrator: SGGG Fund Services, Auditor: Deloitte LLP
Rally Funds’ Systemic Themes
We’re working to shift systems so that they sustainably meet basic needs, advance social equity, preserve and restore natural capital and address climate change.
Sustainably Meeting Basic Needs
- In this theme we focus on investments that create a foundation upon which people can build a stable life
- Targeted Impact: Everyone’s fundamental requirements, like food, water, shelter, health care and education, are met
Advancing Social Equity
- In this theme we focus on investments that dismantle the barriers hindering full and equitable participation in society’s economic, social and political spheres
- Targeted Impact: Due to greater social equity, people are able to fully contribute to and benefit from economic and social progress
Preserving and Restoring Natural Capital
- In this theme we seek investments that help to lower demand on natural capital. We seek various positive and transformative shifts across different industries and scales
- Targeted Impact: With natural capital preserved, the earth’s regenerative capacity is maintained
Addressing Climate Change
- In this theme, we seek investments with a direct and strong influence on lowering carbon emissions at different scales
- Targeted Impact: The economy is resilient and low carbon, thereby addressing climate change
Only accredited investors are eligible to invest in our impact funds.
RGEIF is meant only for accredited investors. Please confirm that you are an accredited investor before continuing.
If you aren’t accredited, please explore the other services we offer.
"*" indicates required fields
If you don’t know if you qualify as an accredited investor, please consult your financial or legal advisor or National Instrument 45-106 Prospectus Exemptions.
Investment in our impact funds is available only to accredited investors and other persons to whom securities may be distributed without a prospectus.
Under National Instrument 45-106 Prospectus Exemptions (“NI 45-106”) “accredited investor” means:
(a) A Canadian financial institution, or a Schedule III bank [Except in Ontario. In Ontario, a financial institution described in paragraph 1, 2 or 3 of subsection 73.1(1) of the Securities Act (Ontario)]
(b) The Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act (Canada)
(c) A subsidiary of any person referred to in paragraphs (a) or (b), if the person owns all of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary
(d) A person registered under the securities legislation of a jurisdiction of Canada as an adviser or a dealer
(e) An individual registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d)
(e.1) An individual formerly registered under the securities legislation of a jurisdiction of Canada, other than an individual formerly registered solely as a representative of a limited market dealer under one or both of the Securities Act (Ontario) or the Securities Act (Newfoundland and Labrador)
(f) The Government of Canada or a jurisdiction of Canada, or any crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada
(g) A municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l’île de Montréal or an intermunicipal management board in Québec
(h) Any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government
(i) A pension fund that is regulated by the Office of the Superintendent of Financial Institutions (Canada), a pension commission or similar regulatory authority of a jurisdiction of Canada
(j) An individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities, exceeds $1,000,000
(j.1) An individual who beneficially owns financial assets having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5,000,000
(k) An individual whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year
(l) An individual who, either alone or with a spouse, has net assets of at least $5,000,000
(m) A person, other than an individual or an investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements
(n) An investment fund that distributes or has distributed its securities only to:
A person that is or was an accredited investor at the time of the distribution
A person that acquires or acquired securities in the circumstances referred to in sections 2.10 [Minimum amount investment], or 2.19 [Additional investment in investment funds] of NI 45-106, or
A person described in paragraph (i) or (ii) that acquires or acquired securities under section 2.18 [Investment fund reinvestment] of NI 45-106
(o) An investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the regulator or, in Québec, the securities regulatory authority, has issued a receipt
(p) A trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a fully managed account managed by the trust company or trust corporation, as the case may be
(q) A person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction
(r) A registered charity under the Income Tax Act (Canada) that, in regard to the trade, has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded
(s) An entity organized in a foreign jurisdiction that is analogous to any of the entities referred to in paragraphs (a) to (d) or paragraph (i) in form and function
(t) A person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required by law to be owned by directors, are persons that are accredited investors
(u) An investment fund that is advised by a person registered as an adviser or a person that is exempt from registration as an adviser
(v) A person that is recognized or designated by the securities regulatory authority or, except in Ontario and Québec, the regulator as an accredited investor
(w) A trust established by an accredited investor for the benefit of the accredited investor’s family members of which a majority of the trustees are accredited investors and all of the beneficiaries are the accredited investor’s spouse, a former spouse of the accredited investor or a parent, grandparent, brother, sister, child or grandchild of that accredited investor, of that accredited investor’s spouse or of that accredited investor’s former spouse.
RTIF is meant only for accredited investors. Please confirm that you are an accredited investor before continuing.
If you aren’t accredited, please explore the other services we offer.
"*" indicates required fields
If you don’t know if you qualify as an accredited investor, please consult your financial or legal advisor or National Instrument 45-106 Prospectus Exemptions.
Investment in our impact funds is available only to accredited investors and other persons to whom securities may be distributed without a prospectus.
Under National Instrument 45-106 Prospectus Exemptions (“NI 45-106”) “accredited investor” means:
(a) A Canadian financial institution, or a Schedule III bank [Except in Ontario. In Ontario, a financial institution described in paragraph 1, 2 or 3 of subsection 73.1(1) of the Securities Act (Ontario)]
(b) The Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act (Canada)
(c) A subsidiary of any person referred to in paragraphs (a) or (b), if the person owns all of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary
(d) A person registered under the securities legislation of a jurisdiction of Canada as an adviser or a dealer
(e) An individual registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d)
(e.1) An individual formerly registered under the securities legislation of a jurisdiction of Canada, other than an individual formerly registered solely as a representative of a limited market dealer under one or both of the Securities Act (Ontario) or the Securities Act (Newfoundland and Labrador)
(f) The Government of Canada or a jurisdiction of Canada, or any crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada
(g) A municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l’île de Montréal or an intermunicipal management board in Québec
(h) Any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government
(i) A pension fund that is regulated by the Office of the Superintendent of Financial Institutions (Canada), a pension commission or similar regulatory authority of a jurisdiction of Canada
(j) An individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities, exceeds $1,000,000
(j.1) An individual who beneficially owns financial assets having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5,000,000
(k) An individual whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year
(l) An individual who, either alone or with a spouse, has net assets of at least $5,000,000
(m) A person, other than an individual or an investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements
(n) An investment fund that distributes or has distributed its securities only to:
A person that is or was an accredited investor at the time of the distribution
A person that acquires or acquired securities in the circumstances referred to in sections 2.10 [Minimum amount investment], or 2.19 [Additional investment in investment funds] of NI 45-106, or
A person described in paragraph (i) or (ii) that acquires or acquired securities under section 2.18 [Investment fund reinvestment] of NI 45-106
(o) An investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the regulator or, in Québec, the securities regulatory authority, has issued a receipt
(p) A trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a fully managed account managed by the trust company or trust corporation, as the case may be
(q) A person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction
(r) A registered charity under the Income Tax Act (Canada) that, in regard to the trade, has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded
(s) An entity organized in a foreign jurisdiction that is analogous to any of the entities referred to in paragraphs (a) to (d) or paragraph (i) in form and function
(t) A person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required by law to be owned by directors, are persons that are accredited investors
(u) An investment fund that is advised by a person registered as an adviser or a person that is exempt from registration as an adviser
(v) A person that is recognized or designated by the securities regulatory authority or, except in Ontario and Québec, the regulator as an accredited investor
(w) A trust established by an accredited investor for the benefit of the accredited investor’s family members of which a majority of the trustees are accredited investors and all of the beneficiaries are the accredited investor’s spouse, a former spouse of the accredited investor or a parent, grandparent, brother, sister, child or grandchild of that accredited investor, of that accredited investor’s spouse or of that accredited investor’s former spouse.