“The RHB Sustainable Global Thematic Fund complements the diverse needs of our customers, in line with the increased interest for sustainability and ESG investing seen in recent times. The funds provide wider options to investors seeking capital appreciation over the longer term, with focus on specific global sustainability themes. RHB Asset Management chief executive officer Eliza Ong said this latest addition in its line-up of sustainability and ESG related funds underlines its efforts to continuously play an active role in driving sustainable investing practices. RHBAM pointed out that the fund adopts clear investment processes that are rooted in the United Nations Sustainable Development Goals (UNSDGs) and integrates ESG factors in all investment decisions. The fund invests in the shares of the AllianceBernstein Sustainable Global Thematic Fund, which covers a diversified portfolio of companies with exposure to sustainability investment themes across developed and emerging markets.

The themes include climate change, healthcare and empowerment such as education and employment services, financial security and inclusion, information and communication technologies and sustainable infrastructure. The fund focuses on environmental, social, and corporate governance (ESG). RHBAM said this was the first conventional fund in the market which enables investors to participate in long-term sustainability-focused investment themes.

KUALA LUMPUR: RHB Asset Management Bhd (RHBAM) launched the RHB Sustainable Global Thematic Fund and it expects to achieve asset under management (AUM) of RM100mil within the first six months.

Eliza ong age