BIFM introduces new global equity fund
Botswana Insurance Fund Management Limited ( Bifm) launched the new investment offering which provides capital growth by investing in global equities.
The new offering dubbed Bifm Global Sustainable Growth Fund, aims to provide capital growth by investing in global equities.
The Fund has a one year lock- in period after which withdrawals are allowed, once a quarter.
With a minimum lump sum investment of P5, 000, a minimum additional investment of P1, 000 and a minimum debit order of P1, 000, an investor can get access to global equities from the comfort of their home through the Bifm Global Sustainable Growth Fund.
Bifm Chief Executive Officer, Neo Bogatsu said the Bifm Global Sustainable Growth Fund incorporates significant ESG ( Environment, Social and Governance) analysis into the Fund’s construction to identify companies that are capable of delivering long- term sustainable growth and value creation.
“This allows you, a global citizen, to grow your wealth, and through your investments, positively impact the world,’’ said Bogatsu. She said sustainable investing enables investors to consider both the financial and social/ environmental impact of companies and align their investments with their values and principles.
“This Fund is a purely Offshore Equity Fund, and is ideal for investors with a high risk appetite and a medium to long term investment horizon,” She explains.
Bifm is the country’s oldest asset management firm and it has been managing multi- asset mandates since 1975 using a qualitative and quantitative research- led process, proprietary portfolio construction, and risk management systems.
“We are thrilled to be able to increase our product offerings for our retail clients.”