"We see ourselves as stewards to one another, to our families, to our community, and to our environment," says Linus Lim, CEO of Phillip Capital Management, emphasising their commitment to make a positive impact on society and the environment by providing ESG-focused solutions to investors.
The fund’s manager will apply a ‘Sustainable Investing Approach’ supported by a proprietary ESG-integrated investment framework.
According to Phillip Capital Management, by doing so, the manager can accurately identify issuers that are well-positioned to succeed financially from their committed ESG-related actions.
The fund will substantially invest in global fixed-income instruments, including short-term interest-bearing debt instruments, bonds, money market instruments, and bank deposits.
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These instruments may be issued by governments, government agencies, companies, and supranationals.
The fund is designed as a short-duration bond fund which aims to pay dividends quarterly and employs a diversified investment approach, with no specific industry or sectoral emphasis.
The fund seeks to invest at least 70% of its assets in fixed-income instruments from issuers meeting industry-specific ESG criteria through positive screening and active management. It may also invest in ESG-labelled bonds.
While the benchmark for the Fund is the 6-month SORA, and its investments may significantly deviate from the benchmark.
The fund managers intend to make regular quarterly distributions of up to 2.0% per annum for distribution classes.
