Manulife launches UITF for RE and EVs

Manulife Investment Management and Trust Corp. (Manulife IM Philippines) recently launched the Equity Feeder Investment Trust (UITF) that allows investors to access the long-term growth potential of pro-sustainable companies from renewable energy (RE) and electric vehicles (EVs) to technology and infrastructure the infrastructure it supports.

The President and CEO of Manulife IM Philippines, Aira F.

The latter can be achieved “by investing in a collective investment scheme that seeks capital growth and positive environmental and social impact,” Gaspard said. These, in turn, can be done “by investing in companies that support structural change towards a sustainable low-carbon economy, helping to reduce greenhouse gas emissions and air pollution,” the executive added.

He said investors could access the fund for 5,000 pesos, or $100.

“The fund allows investors to join in the transition to a world powered by clean energy, as momentum builds toward tackling climate change,” Gaspard told BusinessMirror. “With recent global events reinforcing the importance of the transition to clean energy, the fund provides a new opportunity for investors to diversify their portfolios and grow their wealth, while helping to achieve a positive environmental impact through sustainable investing.”

According to Gaspard, Manulife IM Philippines has strengthened its “Environmental, Social, and Governance (ESG) commitment by launching the Global Impact Agenda, which provides a framework to guide its efforts toward tangible and measurable improvements in health, wealth, and sustainability.”

She said the launch of the clean energy equity feeder fund is in line with parent company Manulife Financial Corp’s commitment. To promote sustainable investment globally.

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