One unwitting bright spot in the unprecedented volatility brought on by the coronavirus pandemic this year has been the performance of funds with environmental, social and governance (ESG) strategies. The pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near standstill. However, it has also strengthened the conviction of early adopters of sustainable portfolios that the value of an investment is no longer just about returns. This has inadvertently cemented the significance of financial and…
BIMB Investment Declares 6% Income Distribution Yields for BIMB ESG Sukuk Fund
Kuala Lumpur, December 2020 – BIMB Investment Management Berhad (BIMB Investment), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, has declared income distribution for BIMB ESG Sukuk Fund for the financial year ended 31 October 2020 as follows: Class(es) of Units Denominated Currency Income distribution Yield (%) Class A Denominated in Ringgit Malaysia (RM) 6.01 Class B Denominated in US Dollar (USD) 6.00 Class C Denominated in Singapore Dollar (SGD) 6.02 Class D Denominated in Ringgit Malaysia (RM) 6.01 Class…
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