KUALA LUMPUR: Tradeview Capital Sdn Bhd has launched its maiden flagship fund called Tradeview Sustainability Fund (TSF) to play a part in contributing positive change to society via the capital markets.
The wholesale equity fund is qualified as a Sustainable and Responsible Investment (SRI) fund under the guidelines issued by the Securities Commission (SC).
Tradeview Capital claimed that TSF was the first environmental, social and governance (ESG) offering launched by a boutique fund management company in Malaysia.
Tradeview Capital portfolio manager in charge Neoh Jia Man said the company aimed to grow and preserve the capital of investors by investing their hard-earned money in companies with sustainable practices.
The company believes sustainability is important not only in terms of doing good for the world but also in ensuring that the companies' business models remain viable over the long-term.
"This will in turn help us build wealth for our clients ethically through the years," Jia said in a statement.
Jia said from the days where the concept of Corporate Social Responsibility (CSR) was widely adopted to ESG being in the vogue today, the underlying theme had been about sustainability.
He said sustainability was not only about meeting metrics and standards but beyond that, it was a continuing obligation to be accountable towards the society as a whole.
"This is why we believe setting up a SRI-qualified fund is a major step towards realising our long-term ambition of ensuring longevity for capital growth and protection," he added.
A minimum of 67 per cent of the fund's net asset value (NAV) will be allocated into local and foreign equities that meet Tradeview Capital's proprietary model and ESG criteria.
The minimum initial investment amount is RM50,000.