PRESS RELEASE 
For immediate publication
PruBSN UNVEILS ITS FIRST ESG FUND
Beef-up Sustainable Initiatives to Accelerate and Intensify Sustainable Development for a Better Future
Kuala Lumpur, 8 August 2023 - Prudential BSN Takaful Berhad (PruBSN), Malaysia’s No. 1 Family Takaful Operator* introduced its first Environment, Social and Governance (ESG) Fund known as Takafulink Dana ESG Global.
The launch of Takafulink Dana ESG Global aims to strengthen sustainable growth which is expected to complement the United Nations’ Sustainability Development Goals (SDGs) and at the same time supporting the expansion of the nation’s agenda to become a growing sustainable financial hub. This is a major step towards providing tangible solutions to global issues and creating a more equitable and sustainable world. The ground-breaking offering from PruBSN provides investors with a new method of responsible investment that supports the ESG movement.
Since its establishment in 2006, PruBSN has endeavoured to provide consistent returns to its investors in Shariah-compliant portfolios. To continue achieving this in the long-term, PruBSN recognises the importance of ESG and its profitable opportunities. The development of Takafulink Dana ESG Global, which incorporates sustainability into PruBSN investment funds is fundamental for us as it allows us to access a broader range of investors who have a keen interest in making a positive global impact.
Through Takafulink Dana ESG Global, PruBSN is confident that it will maximise returns in the long run by investing in a qualified Sustainable and Responsible Investment (SRI) Fund with an asset allocation of up to 100% in a qualified SRI fund, with any remaining fund to be invested in Islamic money market instruments. The fund’s asset management wakalah charge is 1.50% per annum.
According to Azlin Arshad, Chief Marketing Officer of PruBSN, “We are delighted with the launch of our first ESG Fund as we are passionate about creating a better world for all. It represents an important milestone in our commitment to drive global change by uplifting the community’s well-being, while promoting a sustainable environment and economic growth. This fund will help us to further strengthen our mission to support the companies listed on our exchanges that have strong ESG metrics with diversified portfolios on investments bringing positive impact to the environment and social change.”
“The Takafulink Dana ESG Global embodies our commitment to provide a broad spectrum of ESG-focused investments. With this fund, individuals can invest in businesses which are leading in ESG practises, supporting efforts to mitigate climate change, eliminating communicable diseases, providing global access to clean drinking water, providing basic financial services and other sustainability initiatives, all to create value and meet the objectives of the SDGs,” said Azlin.
PruBSN customers can now invest in the Takafulink Dana ESG Global, as it is available for most of our linked and non-linked plans as one of the fund choices. To find out more and start investing, please contact your PruBSN servicing agent or visit our website at www.prubsn.com.my.
Established in 2006 through the licence awarded by the Central Bank of Malaysia, Prudential BSN Takaful Berhad (PruBSN) is a joint venture between Prudential plc and Bank Simpanan Nasional, two financially strong companies in their respective fields of expertise.
Premised on the concept of ta`awun (co-operation and mutual assistance), PruBSN provides a range of shariah-compliant family takaful protection solutions. Today, PruBSN has over 16,000 takaful agents who serve the evolving health and protection needs of more than 2.0 million Malaysians and their families by listening, understanding and most importantly, delivering.