HONG KONG SAR – Media OutReach – 15 December 2021 – Principal Hong Kong (“Principal”) announced the launch of the Principal Sustainable Asian Income Fund today and the upcoming Principal Sustainable Asian Allocation Fund (New Funds) under the Principal Prosperity Series. These funds are SFC authorized and placed on their “list of green and ESG funds” #. This enables retail investors to gain access to the first-to-market local-domiciled ESG Asian income and allocation strategies, which may be part of the income solutions for pre- and post-retirement.
“Enhancing retirement protection with potential regular dividend paying investment products may help sustain the living standards of retirees enabling them to feel more financially secure,” said Mr. Derek Ching, CEO of Principal Investment & Retirement Services Limited.
The New Funds aim to provide capital growth and income over medium to long term by investing in Asia Pacific companies that are environmental, social and governance (ESG) Leaders+. They utilize a Best-In-Class strategy^ with the portfolio being 100% ESG screened.
