In February, FYNSA AGF launched and placed the “FYNSA Migrante” public investment fund, securing commitments totaling more than $17,000 million.

The Fund has four series that provide a preferred and guaranteed return ranging from 4% to 10% per year, along with a subordinated series that absorbs any potential losses that may occur during the Fund’s term, ensuring that the return is always guaranteed for investors in the preferred series.

The fund reflects FYNSA AGF’s commitment not only to offering an attractive financial return to our clients, but also to making a positive impact on society. The “FYNSA Migrante” FIPU will provide auto and motorcycle loans, as well as seed capital, to more than 20,000 migrants arriving in Chile in search of new opportunities in life and decent jobs. The fund is aligned with the UN Sustainable Development Goals aimed at achieving “Reduced Inequalities” and “Decent Work and Economic Growth.” Only 33% of immigrants in Chile have access to financial products from financial institutions, compared to 97% of Chileans.