The ESG-embedded Aviva Investors Sustainable Income and Growth Fund is aimed at accredited and retail investors, and aims to deliver natural income that is sustainable and designed to grow over time.
Aviva Investors, the global asset management business of Aviva, has launched a new multi-asset sustainable income and growth find in Singapore that aims to provide a 5 percent natural income with long-term capital growth, the firm announced in a statement on Tuesday.
The fund, which comprises a portfolio of 80 to 120 companies from the MSCI All Country World Index and Bloomberg Barclays Global Aggregate Bond Index, fully integrates environmental, social and governance (ESG) criteria into the investment process, and excludes tobacco, arms and energy companies that derive over 10 percent of their revenues from coal, the statement said.
Companies in the fund will be selected on the basis of sustainable business models and underlying revenue streams, Francois De Bruin, fund manager, Aviva Investors Sustainable Income and Growth, explained.
«By focusing on assets likely to generate dividends and coupons during draw down, rather than selling shares for income, the Fund will help mitigate the risk of permanent loss of capital when markets are depressed.»
