Asset management firm, Botswana Insurance Fund Management (Bifm) has responded to the needs of the market by launching a high – risk and high – return offshore fund which caters for the long term investor who is willing to take a risk and seeks above average returns.
The company’s latest offering, the Bifm Global Sustainable Growth Fund aims to increase capital growth by investing in global equities.
“The Bifm Global Sustainable Growth Fund incorporates significant ESG (Environment, Social and Governance) analysis into the Fund’s construction to identify companies that are capable of delivering long-term sustainable growth and value creation. This allows you, a global citizen, to grow your wealth, and through your investments, positively impact the world,’’ said the Bifm CEO, Neo Bogatsu.
Sustainable investing enables investors to consider both the financial and social/environmental impact of companies and align their investments with their values and principles. This Fund is a purely Offshore Equity Fund, and is ideal for investors with a high-risk appetite and a medium to long term investment horizon.
The Fund has a one year lock-in period after which withdrawals are allowed, once a quarter. With a minimum lump sum investment of P5, 000, a minimum additional investment of P1, 000 and a minimum debit order of P1, 000, an investor can get access to global equities from the comfort of their home through the Bifm Global Sustainable Growth Fund.
BIFM is Botswana’s oldest asset management service provider and began operations in the country in 1975. Bifm is a 74.9 percent owned subsidiary of Bifm Holdings and is 25.1 percent owned by a Citizen Employee Share Scheme for the benefit of its citizen employees. Bifm Holdings together with Botswana Life Insurance Limited (BLIL) are wholly-owned subsidiaries of Botswana Insurance Holdings Limited (BIHL), a company listed on the Botswana Stock Exchange (BSE).