AmInvest Relaunches AmBon Islam
Tuesday, 10 January 2023 - AmInvest is reintroducing AmBon Islam (“Fund”) as a Socially Responsible Investment (SRI)1 fund. The Fund 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.
Commenting on the relaunch, Ms Tracy Chen Wee Keng, Chief Executive Officer of AmInvestment Bank Berhad said, “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.”
“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,” added Ms Goh Wee Peng, CEO of AmFunds Management Bhd.
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. For more details on the Fund’s features and risks, please refer to the AmInvest Master Prospectus dated 10 September 2017, including any supplementary(ies) made thereof from time to time (“Prospectuses”) and its Product Highlight Sheet (“PHS”), obtainable via aminvest.com.
Notes and Sources:
1 Qualified Sustainable and Responsible Investment (SRI) fund under the Guidelines on SRI Funds issued by Securities Commission Malaysia.