Investment funds
Marzo 12, 2021 - < 1 min

FYNSA Migrant Fund

A fund with financial and social returns

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FYNSA AGF launched and placed during February the public investment fund "FYNSA Migrante", obtaining commitments for more than Ch$17,000 million.

The Fund has four series that deliver a preferred and insured return, ranging from 4% to 10% per annum, together with a subordinated series that absorbs any possible loss that may occur during the period the fund is in force, so that the return is always insured for the investors of the preferred series.

The fund represents FYNSA AGF's intention not only to offer an attractive financial return to our clients, but also to generate a positive impact on society. The FIPU "FYNSA Migrante" will finance automotive, motorcycle and seed capital loans to more than 20,000 migrants who come to Chile in search of new life opportunities and decent jobs. The fund is aligned with the UN Sustainable Development Goals that seek to achieve "Reduction of Inequalities" and "Decent Work and Economic Growth". Only 33% of immigrants in Chile have access to financial institution products versus 97% of Chileans.