Impact Funds
This page 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.
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.
We have two impact funds: Rally Total Impact Fund and Rally Global Equities Impact Fund. Both are open-end funds, available for purchase by accredited investors.
OVERVIEW
- Mandate: The funds offers high impact, that goes well beyond a traditional ESG approach, by intentionally targeting investments that contribute measurable and material positive outcomes for society and the environment.
- Focus on Impact and Returns: Implement a rigorous approach to first identify high-impact opportunities that contribute to the UN’s Sustainable Development Goals (SDGs) then applies traditional fundamental analysis and due diligence to select investments that optimize the portfolio’s impact and risk-adjusted returns
- Global Exposure: Invest across global markets to generate impact that tackles critical global issues
- Active Strategy: Take an active role in security selection and in engaging with companies and funds
- Managed by a Highly Experienced Team: Investment Advisor: Rally Assets, Investment Fund Manager: Majestic Asset Management, Administrator: SGGG Fund Services, Auditor: KPMG
Rally Global Equities Impact Fund
As at June 30, 2022
The fund offers high impact that goes well beyond a traditional ESG approach, by intentionally targeting investments that contribute measurable and material positive outcomes for society and the environment.
Focus on impact and returns | Global exposure | Concentrated approach | Active strategy | Impact measurement
FINANCIAL PERFORMANCE
NAVPU (Series F): 8.75
| NET RETURNS (SERIES F) | Q2 2022 | 1 YEAR | SINCE INCEPTION (June 15, 2020) |
| RGEIF | -16.42% | -26.30% | -5.97% |
| Benchmark | -7.41% | -10.42% | 3.82% |
TOP HOLDINGS
| Adyen | 5.7% |
| AMN Healthcare Services | 5.6% |
| Hannon Armstrong | 5.5% |
| Ecolab | 4.7% |
| Blackbaud | 4.3% |
| Paychex | 4.2% |
| American Tower | 3.8% |
| Mowi | 3.8% |
| Recruit Holdings | 3.6% |
| Bright Horizons | 3.4% |
IMPACT PERFORMANCE
- IMPACT CLASSIFICATION: Benefit Stakeholders
- REVENUE SCORE: 85.1% (Alignment to the SDGs of company products and services)
- OPERATIONS SCORE: 66.1 /100 (Alignment to the SDGs of company operations)
- TRANSFORMATION SCORE: 74.6/100 (Company capacity and intention for future positive transformation)
Rally Total Impact Fund
As at June 30, 2022
The fund offers high impact that goes well beyond a traditional ESG approach, by intentionally targeting investments that contribute measurable and material positive outcomes for society and the environment.
Focus on impact and returns | Global exposure | Total portfolio approach | Active strategy | Impact measurement
FINANCIAL PERFORMANCE
NAVPU (Series F): 8.49
| NET RETURNS (SERIES F) | Q2 2022 | YTD | SINCE INCEPTION (June 30, 2020) |
| RTIF | -8.93% | -18.82% | -7.84% |
| Benchmark | -4.58% | -9.36% | -0.10% |
TOP HOLDINGS
| Addenda Impact Fixed Income Fund | 7.3% |
| Alante Capital Investment Fund I | 4.7% |
| AiiM Partners Fund | 4.3% |
| Women’s and Children’s Health Technology Fund | 4.1% |
| Area One Fund IV | 4.1% |
| Deetken Ilu Women’s Empowerment Fund | 3.5% |
| Raven Indigenous Impact Fund II | 3.4% |
| AMN Healthcare Services | 3.2% |
| American Tower Corp | 3.0% |
| Raven Indigenous Impact Fund I | 2.9% |
IMPACT PERFORMANCE
- IMPACT CLASSIFICATION: Contribute to Solutions
- REVENUE SCORE: 90.6% (Alignment to the SDGs of RTIF holdings’ products and services)
- OPERATIONS SCORE: 68.6 (Alignment to the SDGs of RTIF holdings’ operations)
- TRANSFORMATION SCORE: 73.3 (RTIF holdings’ capacity and intention for future positive transformation)
Learn More
Purchasing the funds
Check your eligibility. Rally Total Impact Fund and Rally Global Equities Impact Fund are available only to those who qualify as accredited, such as individuals with certain incomes or assets, individuals who have discretionary portfolio managers, or institutional investors. If you are unsure whether you qualify, speak to your advisor.
If you are accredited you can buy the funds:
a. Through your investment advisor or dealer. Our funds are available on the fundserv platform. Talk to your advisor about making the purchase. Your advisor will need to:
- Complete a subscription agreement
- Input the purchase order on fundserv
b. Through us, if you don’t have an advisor or dealer. We can facilitate purchases through our Exempt Market Dealer (EMD) license. You will need to:
- Complete a digital KYC (‘know your client’) questionnaire
- Have a KYC follow-up call with one of our dealing representatives
- Complete a subscription agreement
- Wire your funds to our trust account
c. Through us, if you are a discretionary portfolio manager but don’t have access to fundserv. We can facilitate purchases through our EMD license. You will need to:
- Complete a subscription agreement on behalf of your client
- Wire your funds to our trust account
These instructions are available as a PDF.
Further information about the funds
Only accredited investors are eligible to invest in our impact funds and this webpage is meant only for accredited investors.
We want our information to be accessible to everyone. Please let us know if you’d like our information in a different format than we have provided on our website. We’d be happy to work with you to meet your needs. Email (info@rallyassets.com) or phone (416-861-1717) us to make your request.