KUALA LUMPUR, March 20 —Tradeview Capital, a boutique fund management company licensed by the Securities Commission Malaysia (SC), announced a distribution of a 7.03 sen dividend per unit for its flagship fund, the Tradeview Sustainability Fund (TSF), today, after logging an 18.8% return in the financial year of 2024.
The dividend entitlement and ex-date are set for March 28.
Launched on November 18, 2022, TSF is recognised as a Sustainable and Responsible Investment (SRI) open-ended wholesale fund. It aims to provide investors with sustainable long-term returns by focusing on environmental, social, and governance (ESG) principles.
TSF predominantly invests in small- and mid-cap stocks that are fundamentally sound and demonstrate best-in-class or improving ESG parameters.
Neoh Jia Man, the portfolio manager overseeing TSF, noted that the fund has recorded positive returns over the last year due to the increased awareness for ESG compliant small and mid-cap companies on the local bourse. “Most ESG funds today only focus on the large cap companies which are part of sustainability or ESG indexes. These indexes exclude small and mid-cap companies. With our own proprietary assessment model, we are able to score and discover ESG compliant small and mid-cap companies poised for long term growth which allows us to outperform benchmarks and generate the alpha for the fund,” Neoh added.
Ng Zhu Hann, the Founder and Chief Executive Officer of Tradeview Capital, expressed optimism on the fund’s performance. “TSF achieved a return of 28.4 per cent since its inception averaging 14.2 percent per annum, beating the FBMKLCI, FBM100 and FBM Small Cap Index benchmarks. This is the second consecutive year since our fund’s inception that we have declared a distribution yield of above 6 per cent with the latest year being 6.5%,” Hann said.
Hann also highlighted that “This not only underscores the potential of sustainable investing, it also highlights the importance for listed companies to strive to be ESG compliant. With sustainability reporting being mandated for listed companies from 2025 onwards by Bursa Securities Malaysia and Securities Commissions Malaysia, this put our fund on the right track in meeting the capital markets’ agenda.”
“We are also particularly grateful to our clients who have supported us since the day Tradeview Capital was founded as we approach our third year anniversary on 1st of April. Navigating the capital markets as a boutique fund is not easy because size does matter. Most new fund management companies do not survive beyond three years without consistent performance. We are proud to share that, today Tradeview Capital has crossed the RM100 million Asset-Under-Management (“AUM”) milestone, an inflection point that allowed us to achieve full year profitability in the latest audited financial year ahead of our projected timeline by 2 years. Essentially, what this means is that we are here to stay for the years to come,” Hann added.