KUALA LUMPUR (April 1): Tradeview Capital announced a dividend distribution of six sen per unit for its flagship fund, Tradeview Sustainability Fund (TSF).
The dividend was entitled on March 29, with the ex-dividend date being April 1, the boutique fund management company said in a statement.
TSF, launched on Nov 18, 2022, is a Securities Commission Malaysia (SC)-qualified Sustainable and Responsible Investment open-ended fund, aiming to provide investors with long-term returns in the environmental, social and governance (ESG) space.
The fund reportedly invests in fundamentally sound equities, with best-in-class or improving ESG parameters, focusing primarily on small- and mid-cap stocks. As of March 29, the fund’s net asset value stood at RM1.16, reflecting a 16.2% return for investors over 14 months.
Neoh Jia Man, the portfolio manager in charge of TSF, emphasised the efficacy of its unique ESG model in pinpointing robust small and mid-cap firms committed to ESG enhancements and long-term growth.
“We are thrilled to deliver these early returns to our investors on the occasion of the company’s two-year anniversary. This demonstrates the potential of sustainable investing, and the generous dividend payout also serves as our gratitude to our clients, who have supported us since the company’s inception," said Ng Zhu Hann, the founder and chief executive officer of Tradeview Capital.
Meanwhile, Tradeview Capital also announced its recent receipt of the Digital Innovation Fund award initiated by the SC. The award aims to promote digitalisation efforts and new technology investments in Malaysia's capital markets, enabling Tradeview Capital to implement digitalisation initiatives aimed at improving retail access to investment advice.