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).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read