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Guardian Capital LP

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Guardian Capital LP is a trusted steward of capital with a longstanding institutional pedigree. They believe that active management is a crucial approach within investment portfolios to better meet the needs of investors and to help seek to deliver attractive risk-adjusted returns over the long term. Guardian Capital incorporates responsible investing principles across each and every portfolio they manage. As part of analyzing companies or underlying funds in which to invest, they strongly believe that proper due diligence is not complete without careful consideration of environmental, social and governance (ESG) risks.

Coast Capital members looking to invest responsibly can consider the Sustainable Funds lineup, offered and managed by Guardian Capital LP.

The Sustainable Funds’ portfolio management team employs sophisticated techniques to build and maintain the Sustainable Funds’ portfolio. They seek to deliver results through the utilization of underlying funds whose portfolio managers are signatories to the United Nations-supported Principles of Responsible Investment and which have “Above-Average” Morningstar® Sustainability Ratings™1, as well as by focusing on ESG-specific and thematic underlying funds, such as those focused on clean energy or green bonds.

Asset Allocation

Each Sustainable Fund aims to stay true to its strategic asset allocation target through regular rebalancing. The manager has some flexibility to deviate slightly from the target mix based on their view of other opportunities or near-term risks.


The manager performs in-depth due diligence on the shortlist of underlying funds derived from the screening process, to ensure they have confidence that each underlying fund is suitable for inclusion in the Sustainable Funds before investing.


Once the asset allocation is set, the manager screens the investable universe for underlying funds that best meet high sustainability standards, along with prospects for attractive risk-adjusted returns. Underlying Fund managers must be signatories to the United Nations-supported Principles of Responsible Investment in order to quality for inclusion in the Sustainable Funds.

Portfolio Construction

Beyond looking at the individual merits of each underlying fund, the manager seeks to incorporate underlying funds that work well together. For example, incorporating underlying funds with low correlations to one another helps to smooth out potential volatility.

  1. The Morningstar® Sustainability Rating™ is intended to measure how well the issuing companies of the securities within a fund’s portfolio are managing their environmental, social, and governance (“ESG”) risks and opportunities relative to the fund’s Morningstar category peers, and is updated monthly. The Morningstar Sustainability Rating is depicted by globe icons where 5 globes equals High ranking (lowest ESG Risk) and 1 globe equals Low ranking (highest ESG Risk) compared to category peers, based off each fund’s Morningstar® Portfolio Sustainability Score™. A Sustainability Rating is assigned to any fund that has more than half of its underlying assets receiving an ESG Risk Rating from Sustainalytics, and is within a Morningstar Category with at least 10 scored funds; therefore, the rating it is not limited to funds with explicit sustainable or responsible investment mandates. Please refer to for more detailed information about the Morningstar Sustainability Rating and its calculation. Sustainalytics is an ESG and corporate governance research, ratings, and analysis company affiliated with Morningstar, Inc. © 2021 Morningstar®. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar is an independent organization that groups investment funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis. Ratings and/or ranking information is portfolio-based, not performance-based and is subject to change monthly. They do not reflect a fund’s performance on either an absolute or risk-adjusted basis, nor are they a qualitative Morningstar evaluation of a fund’s merits. They should not be the sole basis for an investment decision.

Please read the prospectus before investing. Important information about the Sustainable Funds is contained in its prospectus. Contact your Coast Capital advisor or visit the Sustainable Funds’ website at: or to obtain a copy of the Fund's prospectus and Fund Facts. Commissions, trailing commissions, management fees and expenses all may be associated with investments in mutual funds. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual funds are not guaranteed or insured by any financial institution, government or other deposit insurer. The Sustainable Funds described on this webpage are sponsored by Guardian Capital LP and are only qualified for sale in Canada.  This communication is for informational purposes only and does not constitute investment or financial advice or a recommendation to buy, sell or hold a security, and shall under no circumstances be considered an offer or solicitation to deal in any product or service mentioned herein.

Guardian Capital LP is a signatory of the United Nations-supported Principles of Responsible Investment (UN PRI). The UN PRI does not prescribe the exclusion of any particular type of company or industry; rather it requires that, as the Manager, we are informed on the ESG issues, and that we are comfortable with the activities and practices of the companies that we invest in. Guardian Capital LP’s Responsible Investing policies are publicly available on their website at:

Responsible investing is an approach to investing that incorporates ESG considerations into investment decisions. This approach may incorporate considerations beyond traditional financial information into the investment selection process, which could result in investment performance deviating from other products with comparable objectives or from broad market benchmarks.

Guardian’s Sustainable Funds and GEM Pools have ESG-related investment objectives, while other Guardian Mutual Funds and ETFs do not have ESG-related investment objectives. All Guardian Funds integrate ESG considerations into the investment analysis of all holdings within their respective portfolio. A Fund’s ESG characteristics and performance may change from time to time. Please review the Fund’s prospectus for details on how the Fund’s investment strategy incorporates responsible investing considerations and the associated risks, and consult your financial professional prior to investing.

Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products, and its affiliate, Coast Capital Wealth Management Ltd., provides investment and financial planning services (collectively “Coast Capital”). Worldsource Financial Management Inc. (“Worldsource”) provides advice and service relating to the Sustainable Funds and is a Principal Distributor of the funds. Certain advisors employed by Coast Capital are also registered as dealing representatives of Worldsource and act as agent in the distribution of mutual funds securities. Worldsource pays commissions generated from the sale of the Sustainable Funds to Coast Capital, which in turn pays compensation to the applicable advisor. Guardian Capital LP (“GCLP”) is the Manager and Portfolio Manager of the Sustainable Funds, and has entered into a corporate strategic alliance agreement with Coast Capital, pursuant to which Coast Capital may receive payments directly from GCLP. GCLP and Worldsource are affiliates as each are subsidiaries of Guardian Capital Group Limited (“GCGL”), a publicly traded firm, the shares of which are listed on the Toronto Stock Exchange. For further information on GCGL and its subsidiaries and affiliates, please visit

This material is sponsored in part by Guardian Capital LP. Date Published: January 7, 2022
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