31 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 Our Sustainable Investment Products We are dedicated to expanding our investment product offerings as we continue to progress along the path of responsible investing by providing our clients with a wider range of ESG-linked investment options. In 2022, we launched three (3) funds which qualifies as the SC’s Sustainable and Responsible Investment (“SRI”) fund, under our Kenanga Sustainability Series, receiving multiple accolades for the focus in ESG. In the same year, KIG was appointed by several public asset owners in Malaysia to manage their first-ever sustainability funds. For more funds under the Kenanga Sustainability Series, please visit: https://www.kenangainvestors.com.my. High Yield Bond Fund The Fund is Malaysia’s first SRI-qualified high yield bond fund. The Fund seeks to provide income and capital growth by investing in the Global High Yield ESG Bond Index Fund managed by Northern Trust Asset Management. Kenanga Sustainability Series Focus on Green Economy Kenanga Private Equity Sdn Bhd (“KPE”), our private equity arm, actively strives to explore climate-friendly ventures, as well as companies with a strong ESG agenda. As at 31 December 2022, approximately 28% of KPE’s portfolio are focused on the renewable energy sector. In addition, Corporate Banking at Kenanga continues to incorporates ESG factors into its lending and financing activities. As of 31 December 2022, 5.3% of loan and financing portfolio under Kenanga’s Corporate Banking division in green lending and financing are related to renewable energy, green technology and climate change mitigation activities. For more information on our Climate Change RAC, please refer to page 27 of our Sustainability Report 2022. OUR SUSTAINABILITY STATEMENT World Quality ESG Fund The Fund seeks to provide capital growth by investing in the NT World Quality ESG Fund managed by Northern Trust Asset Management. Emergency Waqf Musa’adah Fund As a qualified SRI product, the Kenanga Sustainability Series: Emergency Waqf Musa’adah Fund sets out to generate sustainable returns that will directly benefit disaster victims in the country by helping them return to normalcy. The Fund aims to primarily provide income distribution and achieve capital growth by investing in local and global diversified portfolios of Shariah-compliant equities, Shariahcompliant equity-related securities, sukuk, Islamic money market instruments, or Islamic deposits that integrates both Shariah principles and principles of sustainable investing.
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