FINANCIAL SERVICES | Staff Reporter, Hong Kong

Sun Life AM launches ESG index fund in Hong Kong

The new Hang Seng ESG 50 Index was launched in July.

Sun Life Asset Management (Sun Life AM), a wholly owned subsidiary of Sun Life Hong Kong, has brought the Hang Seng ESG 50 Index fund to investors in Hong Kong, through the launch of the Sun Life AM Hong Kong ESG Index Fund.

This index fund tracks the performance of the Hang Seng ESG 50 Index, and was launched in July 2020. It comprises the top 50 Hong Kong-listed companies that perform well in terms of corporate sustainability based on assessments and a rating framework administered by the Hong Kong Quality Assurance Agency.

According to Sun Life, The Hang Seng ESG 50 Index has outperformed the Hang Seng Index over one-year, three-year, and five-year terms.

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