Vancouver City Savings Credit Union's Inhance Monthly Income Fund has won the 2009 Socially Responsible Investment Fund Award from the Canadian Investment Awards.

Kerry Ho, Vancity's Vice President of Sustainable Wealth Management said that social responsibility is core to Vancity's values, so the company is thrilled to be recognized for its work in this area.

The awards, which recognize long-term excellence and leadership in the financial services industry, were presented at a gala event at the Fairmont Royal York in Toronto on December 2.

This is not the first time Vancity has taken top honours at the Canadian Investment Awards. Last year the credit union won the inaugural Green Company Award for Environmental Leadership.

Vancity recently entered into an agreement to sell the Inhance mutual fund business to IA Clarington Investments and begin a long-term strategic relationship with the investment company. On December 4, 2009 the Inhance mutual funds were merged with the IA Clarington Inhance SRI Funds, and the Inhance Monthly Income Fund became the IA Clarington Inhance Monthly Income SRI Fund. The new IA Clarington Inhance Monthly Income SRI Fund is currently open for sale across Canada.