As climate change and ESG issues gain traction globally and locally, Sun Life Malaysia has launched its investment-linked ESG fund, the Sun Life Malaysia Global Sustainable Fund.
The fund is a collaboration between Sun Life Malaysia and Nomura Asset Management Malaysia and invests in a unit trust fund offered by Nomura Asset Management Malaysia. It is designed to provide its clients, from all segments, an opportunity to support the United Nations’ Sustainable Development Goals (SDGs), while also safeguarding their own protection and financial needs through investment-linked insurance plans.
Clients can choose to invest in this sustainable fund when they purchase selected investment-linked products through both bancassurance and agency channels, namely SunLink Max, Sun Invest, Sun Income Secure Max; as well as Sun Shield Link and the new Sun Prestige Life which will be launched by end of this month.
According to Sun Life Malaysia, the pandemic has increased the adoption rate of ESG investing owing to increased awareness about corporate behaviour, business resilience and broader sustainability issues while the rise of climate-related events over the past two years is driving increased focus on ESG issues.
Sun Life Malaysia CEO and president/country head Raymond Lew said that ESG investing offers a real solution for clients to fulfil their protection goals as well as ethical and moral priorities while at the same time proving to be a much more resilient investment choice during crisis.
“We believe ESG investing will be the new reality. By tapping these sustainable investment opportunities, we are enabling our clients to take positive steps towards financial security, close protection gaps and at the same time, being part of a sustainable economy,” he said.