The wealth management arm of the Bank of the Philippine Islands led by bankero TG Limcaoco has launched the BPI Invest Sustainable Fund Suite, a first in the country, as it continues to elevate the investment scene in the Philippines.
Aligned with its parent bank BPI as a champion of sustainability, BPI Asset Management and Trust Corp. (BPI AMTC) has developed three new unit investment trust funds (UITFs) that seek to address issues such as climate change, renewable energy, resource efficiency, inequality, and other areas identified in the United Nations’ Sustainable Development Goals.
The funds also aim to deliver long-term financial returns.
The BPI Invest Sustainable Fund Suite employs a multi-theme and multi-asset approach to cater to a wide range of investors who are looking for opportunities to grow their wealth while contributing to creating a more sustainable world.
BPI AMTC president and CEO Sheila Marie Tan said the fund manager recognizes that investors have now matured in their preferences, searching for investments that are not only profitable but also meaningful, not only rewarding but also impactful.
“Through our new funds, everyone can proactively shape the growth of responsible industries and businesses. With a minimum of $1,000, investors are able to access and invest in companies that integrate environmental, social, and governance metrics and considerations in their business practices, products, services, and investment decisions, or are creating sustainability projects with positive and measurable social and environmental impact,” Tan said.
The new fund suite is comprised of the BPI Invest Sustainable Global Bond Fund-of-Funds, BPI Invest Sustainable Global Balanced Fund-of-Funds, and BPI Invest Sustainable Global Equity Fund-of-Funds, is made available across a range of asset classes designed to address investors’ unique needs and risk profiles.
Following a fund-of-funds structure, each fund in the BPI Invest Sustainable Fund Suite will be invested in a portfolio of carefully selected global target funds that invest in the best-in-class companies that adhere to the highest ESG standards or are directly tied to sustainability projects and other enabling initiatives.
BPI AMTC is collaborating with some of the biggest names in the global asset management industry and sustainable investing such as Janus Henderson Investors, Schroder Investment Management, Wellington Management, JP Morgan Asset Management, and PIMCO to name a few.