Manulife IM launches energy transition fund


Solar cells on a rooftop. One of the three key pillars of the investment strategy is investing in companies developing, transporting or integrating renewable energy such as solar, wind, hydrogen and alternative fuels

KUALA LUMPUR: Manulife Investment Management (M) Bhd (Manulife IM) launched its Manulife Global Energy Transition Fund on Monday to support the move towards a carbon neutral economy and mitigate the impact of climate change.

In a statement on Monday, it said this will be a wholesale feeder fund that aims to provide capital appreciation by investing at least 95% of the fund’s net asset value (NAV) in BNP Paribas Funds Energy Transition (target fund).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

4Q auto sales to rise on EVs and new models
Oil gains as investors weigh Middle East tensions
BOJ debated need for more rate hikes even after December move, summary shows
Asian stocks rise, precious metals hit records on Fed rate cut bets
Ringgit opens higher for 12th consecutive session
Bursa Malaysia remains subdued amid year-end mood
Trading ideas: PetGas, Gas Malaysia, SD Guthrie, TRC, Nationgate, Resintech, Tanco, UOA REIT, Ekovest
Unlocking billion-dollar potential for coconuts
The long game behind Malaysia’s 5G network
Auto sector outlook brightens amid stronger 4Q momentum

Others Also Read