BIBD Securities Sdn Bhd (BIBD) hosted an event yesterday to provide insight and insight into sustainable investing for Radisson Hotel guests.
It was also organized to present the Arabesque Q3.17 Global ESG Momentum Flexible Allocation Fund, launched in December last year, in order to give more information on the fund’s potential offer.
In his welcome remarks, BIBDS Acting Managing Director Jason Wong said, “This event aims to introduce the recently launched funds to our existing clients and potential investors to help them understand the new fund.
“The launch of the new fund is one of many initiatives we are embarking on, as part of BIBD Group’s sustainability framework. It is the first Syariah-compliant ESG fund in Brunei, enabling our clients to add value both in a Syariah-compliant and sustainable manner.
The Arabesque Q3.17 Global ESG Momentum Flexible Allocation Fund is a globally diversified, multi-asset strategy that integrates material sustainability criteria and bottom-up AI-driven equity analytics into a grounded investment process. on rules.
In strict accordance with the guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the strategy ensures Syariah compliance of the underlying funds.
The strategy’s global investment universe consists of approximately 1,500 highly liquid and sustainable companies and excludes companies that generate profits from unauthorized business activities described in the AAOIFI guidelines.
The transparent stock selection process distributes shares evenly among approximately 100 companies with the best prospects for future success, while dynamic cash allocation allows for increased stability and systematic market participation.