As a long-term investor, the Fonds provides patient capital to local businesses creating jobs and generating wealth in Quebec. The Fonds’ approach to growth is in line with the inclusive growth approach: it places people at the centre of its decisions and concerns. Its main activities consist in supporting local SMEs’ development and fostering healthy saving habits among the working-age population. The Fonds actively promotes an economy at the service of people, distancing itself from short term profit seeking investment practices. It aims at generating a reasonable return for all its savers.
The Fonds is mandated by law to invest 64% of its assets in development capital investments, the majority of which must be directed towards SMEs that generate tangible economic impacts in Quebec. Remaining assets can be invested in other categories of assets and geographies for diversification purposes.
The Fonds has adopted a Sustainable Development Framework Policy, which overarches its investment and integrated asset management policies. The Sustainable Development Framework Policy frames its investment and active ownership approaches, while specifying its exclusion criteria.
The Fonds’ approach is tailored to the specific nature of its two main portfolios: Development capital investments portfolio (mainly mission-driven private equity) and Other assets portfolio.