Jantzi Social Index May 2023 Total Returns
Toronto, ON -- June 14, 2023 -- Morningstar Sustainalytics, a leading global provider of ESG and corporate governance research, ratings and analytics, today reported that the Jantzi Social Index® (JSI) decreased in value by 5.31 percent during the month of May. During the same period, the S&P/TSX Composite Index decreased by 4.95 percent and the S&P/TSX 60 Index decreased by 5.31 percent. Since inception on January 1, 2000, through March 31, 2023, the JSI has achieved an annualized return of 6.69 percent, while the S&P/TSX Composite and the S&P/TSX 60 had annualized returns of 6.40 percent and 6.51 percent respectively, over the same period.
| Total Returns | May | 3 mths | 1 yr | 3 yr | 5 yr | 10 yr | Inception Annualized | Inception Cumulative* |
| JSI | -5.31% | -1.88% | -0.41% | 14.63% | 6.36% | 8.08% | 6.69% | 355.09% |
| S&P/TSX Composite | -4.95% | -2.40% | -2.46% | 12.10% | 7.27% | 7.66% | 6.40% | 327.78% |
| S&P/TSX 60 | -5.31% | -2.42% | -2.94% | 12.15% | 7.78% | 8.26% | 6.51% | 337.51% |
*Cumulative since 01/01/2000
Sector Contributions
In May 2023, the sector that made the largest positive contribution to the performance of the JSI was the Information Technology sector with 119.06 basis points. The sector that made the largest negative contribution to the performance of the index was the Financials sector with -235.28 basis points.
Company Contributions
TOP POSITIVE CONTRIBUTIONS | BASIS POINTS CONTRIBUTED |
| Shopify Inc. | 104.24 |
| Restaurant Brands International Inc. | 8.46 |
| BlackBerry Limited | 7.54 |
TOP NEGATIVE CONTRIBUTIONS | BASIS POINTS CONTRIBUTED |
| Royal Bank of Canada | -124.82 |
| Canadian Natural Resources Limited | -72.28 |
| Toronto-Dominion Bank | -64.44 |
Launched in 2000, the JSI is a free-float market capitalization-weighted common stock index consisting of 50 Canadian companies that pass a set of broadly based ESG rating criteria. In creating the JSI, Jantzi Research, now Morningstar Sustainalytics, set out to create an index which could be used by institutional investors in benchmarking the performance of socially-screened portfolios and by financial institutions in developing investment products such as index mutual funds, exchange traded funds, index portfolios, index futures and options. The JSI’s underlying universe is the TSX Composite Index.
About Morningstar | Sustainalytics
Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For nearly 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Today, Sustainalytics works with hundreds of the world’s leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. Sustainalytics also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects. As of the date this release was published, Sustainalytics has more than 1,100 staff members across 17 offices globally, including more than 400 analysts with varied multidisciplinary expertise across more than 40 industry groups. For more information, visit www.sustainalytics.com.
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