MIDF Amanah AM CEO Mohamed Sany Mohamed Zainudin said the launch of the ESG Mustadamah Fund “reflects the increasing appetite from clients to invest their money in a more sustainable future for Malaysia “.
KUALA LUMPUR: MIDF Amanah Asset Management Bhd (MIDF Amanah AM) launched its new ESG Mustadamah Fund (MAEM) on Friday which integrates environmental, social and governance considerations (ESG).
In a statement on Friday, it said the fund is a ready-made investment solution for the local equity market where the ESG is based on the FTSE4Good Bursa Malaysia (F4GBM) Index’s constituent Shariah companies.
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