RHB Asset Management Launches Sustainable Global Thematic Fund, Set To Focus On ESG Values
RHB Asset Management Bhd has launched the RHB Sustainable Global Thematic Fund, the first conventional fund in the market with a focus on environmental, social, and corporate governance (ESG) through a thematic approach.
The Fund enables investors to participate in long-term sustainability-focused investment themes including climate change, healthcare, and empowerment such as education and employment services, financial security and inclusion, information and communication technologies and sustainable infrastructure.
The RHB Sustainable Global Thematic Fund invests in the shares of the AllianceBernstein (“AB”) Sustainable Global Thematic Fund (Target Fund), which covers a diversified portfolio of companies with exposure to sustainability investment themes across developed and emerging markets.
The Target Fund adopts clear investment processes that are rooted in the United Nations Sustainable Development Goals (UNSDGs) and integrates ESG factors in all investment decisions.
