KUALA LUMPUR: AmInvest launched its Sustainable Series-positive change fund, which is the first fund in its sustainable series, as more and more investors seek environmental, social and governance (ESG) investment themes as well as sustainable and impact investing themes.
In a statement released yesterday, he said investors in the fund would be able to gain exposure to high quality global companies responding to the challenges of the company that are poised to thrive in the long term as they have strong fundamentals for the fund. growth.
Companies are expected to experience higher revenue growth, cash flow and capital allocation due to growing demand for their products and services, according to AmInvest, which is the fund management business of AmInvestment Bank.
The fund aims to provide long-term capital growth by investing primarily in the Baillie Gifford Global Positive Change Fund (target fund).
The target fund invests in global equities of companies whose products, behavior and services have a positive social or environmental impact.
The target fund’s investment portfolio will focus on companies addressing critical challenges in the four positive impact themes, namely social inclusion and education, environment and resource needs, healthcare and quality of life, and the base of the pyramid.
AmBank Group CEO Datuk Sulaiman Mohd Tahir said the fund is in line with AmBank Group’s commitment to sustainability in the area of positive social impact practices in its business.
“The impact of the Covid-19 pandemic has accelerated the importance of finding solutions for the world, which in turn will benefit businesses such as companies like Moderna.
“We believe that companies that undertake positive change enjoy sustainable competitive advantages and can therefore potentially generate attractive returns over the long term,” he said.
In accordance with the pillar of the positive social impact of the AmBank group, AmInvest is now a signatory of the Malaysian Code of Institutional Investors.