Impact Funds
Impact Funds: Overview
Rally Assets manages 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.
Rally Assets also manages Realize Fund I through Realize Capital Partners. More information on this fund is available at Realize Capital Partners.
Below is an overview of how we approach decision-making and fund management:
- 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. We first identify high-impact opportunities that contribute to UN Sustainable Development Goals (SDGs). We then apply the fundamental analysis and due diligence to select investments that 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: Fund investments address climate change, preserve and restore natural capital, sustainably meet basic needs, and advance Social Equity.
- Global Exposure: Investments span global markets to generate impact that tackles critical global issues.
- Concentrated Approach: The funds invest exclusively in opportunities that match Rally’s philosophy on impact investment.
- Active Strategy: We take an active role in security selection and in engaging with the fund’s companies.
- Impact Measurement: The funds use Rally Asset’s proprietary impact methodology to assess, measure and report on impact.
- Integrated Portfolio Reporting: The fund reports financial and impact performance on a quarterly basis.
- Managed by a Highly Experienced Team: The talented team is made up of Investment Advisor: Rally Assets, Fund Manager: Majestic Asset Management, Administrator: SGGG Fund Services, Auditor: Deloitte LLP
Themes
Rally Funds are built on four themes, each with an associated target outcome and impact. The four themes are interconnected and reinforcing.
Addressing Climate Change
We seek investments with a strong, direct influence on lowering carbon emissions at different scales.
Target Impact:
The economy is resilient and low-carbon, thereby addressing climate change.
Target Outcomes:
- Higher energy efficiency in production
- Reduced emissions with green energy infrastructure transformation
- Sustainable manufacturing and agriculture
- Expanded financial supports and climate adaptation mechanisms
- Sustainable production and consumption models transformed by digital infrastructure
Advancing Social Equity
We focus on investments that dismantle the barriers hindering full and equitable participation in society’s economic, social and political spheres.
Target Impact:
Because of greater social equity, people are able to fully contribute to and benefit from economic and social progress.
Target Outcomes:
- Expanded education and employment opportunities for underserved people
- Reduced health disparities
- New pathways for financial stability and independence
- Enhanced access to financial capital
- Strengthened preservation and celebration of diverse cultural identities, alongside enhanced community-led initiatives and self-advocacy
- Affordable access to digital society
Preserving and Restoring Natural Capital
We seek investments that help to lower demand on natural capital. We assess various positive and transformative shifts across different industries and scales.
Target Impact:
With natural capital preserved, the earth’s regenerative capacity is maintained.
Target Outcomes:
- Higher efficiency and resilience to lower the end demand on natural capital
- Sustainable alternatives to shift demand to less resource-intensive production and consumption models
- Enhanced waste prevention, collection and recycling practices
Sustainably Meeting Basic Needs
We focus on investments that create a foundation for people to build a stable life.
Target Impact:
Fundamental living requirements like food, water, shelter, healthcare and education are met for all.
Target Outcomes:
- Enhanced quality, reach and affordability of health care, education, housing and transportation services and facilities
- Reliable access to clean water and nutritious food
- Wider income-earning opportunities through education, training and employment
- Improved market access for small producers and local goods
- Increased development of affordable housing and inclusive urban planning
- Increased access to digital connection
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.