VCAM launches Asean 5 ESG Opportunity Fund

KUALA LUMPUR: VCAP Asset Managers Sdn Bhd (VCAM) has launched its Asean 5 ESG Opportunity Fund, strengthening its position as a key player in the region in promoting sustainable and responsible investing.

In a statement yesterday, VCAM said the fund is an actively managed equity growth and value fund that aims to provide returns to investors by selectively investing in listed securities within its reference benchmark constituent list, the FTSE4Good Asean 5 Index.

“The securities included in the index have undergone assessment for FTSE4Good inclusion using FTSE's environment, social, and governance ( ESG) ratings methodology,” it said.

VCAM said the securities are also listed on the stock markets of Malaysia, Singapore, Indonesia, Thailand, and the Philippines - collectively known as the Asean-5.

Chief executive officer/chief investment officer Shan Kamahl Mohammad said the fund is best suited for sophisticated investors interested in investing in a sustainable manner, with a medium-to-long-term investment horizon.

“We believe Asean will see an increased inflow of sustainabilitythemed money and VCAM's investment team is positioned with the right expertise, backed by a sound in- house research team, to help investors achieve their investment objectives,” he added. The fund comprises two classes of units, the US dollar Class Units and the RM Class Units, allowing investors greater flexibility to participate in it.

The fund's base currency used to calculate the daily net asset value (NAV) is US dollars. — Bernama