Hong Leong Asset Management Berhad (HLAM) has announced the launch of their first environmental, social and governance (ESG) fund, the Hong Leong Global ESG fund (HL Global ESG fund).
In line with Hong Leong Group’s vision on sustainability and creating a positive social impact, HLAM with Hong Leong Bank (HLB), are collaborating with The Asli Co., a social enterprise focused on providing sustainable income for Orang Asli or indigenous mothers in a campaign exclusively for HLB customers.
During the campaign period, eligible unit trust investors of HLB who invest a minimum amount of RM1,000 in the Fund will receive a plant in a unique cement pot that has been handcrafted by the Orang Asli mothers from Kampung Orang Asli Serendah.
According to Hoo See Kheng, the Chief Executive Officer of HLAM, the HL Global ESG fund represents a milestone for HLAM, and will help fulfill the demand for responsible and sustainable investments.
“We are committed to helping our investors achieve their financial objectives whilst meeting their ethical and sustainability goals. We will continue to grow our sustainable investing solutions and accelerate our investment strategies through active asset allocation and portfolio diversification whilst managing market volatility in order to generate measurable returns for our investor,” said Hoo See Kheng.
Jason Wee, founder of The Asli Co. shared that their collaboration with HLB will benefit two social impacts, which is the underprivileged stay-at-home Orang Asli mothers and investors of the HL Global ESG Fund.
““We are honoured to be part of the HL Global ESG Fund launch initiatives and are delighted for the Funds’ investors as they will be contributing towards not one, but two social impacts,” said Jason Wee.
The HL Global ESG fund is distributed nationwide through Hong Leong AM offices and HLB branches, and is priced RM1000 per unit during the initial offer period, until 10 May 2022. The minimum investment amount is RM1000 and the minimum additional investment amount is RM100.