KUALA LUMPUR (Jan 21): The Maybank Global Sustainable Technology Fund is Maybank Asset Management’s (Maybank AM) first fund of its kind and represents an expansion of the firm’s environmental, social and governance (ESG) offerings.
The fund, launched earlier this week, is a qualified Sustainable and Responsible Investment (SRI) fund under the guidelines issued by the Securities Commission Malaysia (SC).
Maybank AM aims to achieve capital appreciation of the fund by investing mainly in a portfolio of global technology-related equities with Wellington Management Singapore Pte Ltd, one of the largest independent investment management firms in the world, as its fund investment adviser.