Malaysia’s bourse has debuted its first sustainable and responsible investment (SRI) exchange-traded fund, issued by local asset manager AmInvest.
The ETF is designed to track performance of the FTSE4Good Bursa Malaysia Index.
AmInvest and Bursa Malaysia announced the launch in a joint statement when the fund was listed on November 10, saying that the ETF and its underlying index are in line with Malaysia’s focus towards a lower carbon and more sustainable economy.
AmInvest is Malaysia’s largest ETF provider with around 1.8 billion ringgit (US$430 million) of ETF assets under management. It is also the country’s largest issuer of SRI-qualified mutual funds with 4.3 billion ringgit of assets, accounting for 28.2% of all SRI funds. With the new ETF, it now manages nine SRI funds.
Jamie Ling, group chief executive officer of AmBank Group, the parent company of AmInvest, described the ETF launch as a “meaningful milestone for us”.
“This ETF not only broadens our suite of responsible investment solutions but also reinforces our ambition to lead the market in shaping a more sustainable financial ecosystem,” he says.
According to Fad’l Mohamed, chief executive officer of Bursa Malaysia, the launch reflects the bourse’s commitment to product innovation and advancing sustainability.
“Bursa Malaysia is building a marketplace that offers greater choice, deeper liquidity, and more opportunities for investors to achieve their financial goals – whether through securities, derivatives or ETFs,” he says.
