As part of its considerations on sustainability and good governance, AmInvest is re-launching AmBon Islam as a Socially Responsible Investment (SRI) fund.
AmBon Islam incorporates sustainability considerations in securities selection by investing in companies that are well governed and with positive environmental and responsible investments which should attract a new investor base.
“We see an accelerating investment trend and awareness towards sustainable investing as part of an overall interest in Environment, Social and Governance (ESG) investing. As such, we expect investor demand for SRI funds to grow significantly,” Ms Tracy Chen Wee Keng, Chief Executive Officer of AmInvestment Bank explained.
“We are committed to launching funds that combine financial returns with societal returns as we believe companies which set out to make positive changes can potentially deliver attractive returns over the long term”, Ms Goh Wee Peng, CEO of AmFunds Management remarked.
The Fund will join AmInvest’s existing range of SRI-qualified funds on offer, i.e., the AmIslamic Global SRI (Islamic equity unit trust fund) as well as SRI-qualified wholesale funds which include Sustainable Series – Positive Change Fund, Sustainable Series – Climate Tech Fund, Sustainable Series – Nutrition Fund, Sustainable Series – Health Fund and our most recently launched fund, Sustainable Series – Sustainable Outcomes Global Equity Fund.
There will be more conversions of AmInvest’s existing funds to SRI-qualified funds in the coming months.
AmInvest is the brand name for the fund management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd.
