Sun Life Malaysia, a life insurance and Family Takaful provider, has launched the Sun Life Malaysia Global Sustainable Fund, the country’s first investment-linked ESG fund, making it Malaysia’s first insurer to make ESG investing options accessible and affordable to the general public.
In collaboration with Nomura Asset Management Malaysia Sdn Bhd, and in creating the Sun Life Malaysia Global Sustainable Fund, it is designed to provide its clients with an opportunity to support the United Nations’ Sustainable Development Goals (SDGs).
The fund was also created to provide protection and financial needs for clients through investment-linked insurance plans.
To invest in this Sustainable Fund, clients can invest when they buy SunLink Max, Sun Invest, Sun Income Secure Max, Sun Shield Link, and the new Sun Prestige Life, which will be available by the end of the month, through both bancassurance and agency channels.
“Sustainability is critical to Sun Life’s long-term success, focusing on three key areas: sustainable investing, financial security, and healthier lives,” says Raymond Lew, CEO, and Head of Sun Life Malaysia.
Sun Life Malaysia is part of Sun Life, a global financial services organisation. In 2020, Sun Life committed over CAD$60 billion in sustainable investments across its general account and third-party investments (as of December 31, 2020). It also introduced a new ESG evaluation framework that helps clients make informed decisions for sustainable investing through Sun Life’s Canadian Group Retirement Services business.