Maybank Asset Management Partners with Fidelity International to Launch Exclusive Multi-Asset Fund for Portfolio Resilience and Growth

Photo Caption: (From L-R: Hisham Hamzah, Chief Executive Officer, Maybank Asset Management Sdn Bhd; Damien Mooney, Managing Director, Asia Pacific ex Japan, Fidelity International; Dr. Hasnita Dato’ Hashim, Chairman, Maybank Asset Management Group; Syed Taufik Albar, Group Chief Executive Officer, Community Financial Services of Maybank)

Kuala Lumpur, 27 November 2024: Maybank Asset Management Sdn Bhd (“MAM Malaysia”) today unveiled the MAMG Alpha Capital & Income Opportunities Fund (“the Fund”), an innovative multi-asset solution designed to enhance diversification and deliver both income and capital growth. The Fund, which feeds into Fidelity International’s (“Fidelity”) ‘FAST - Maybank Alpha Capital & Income Opportunities Fund’ (“the Target Fund”), offers investors broad access to a dynamic investment universe for greater diversification benefits.

The Fund is designed with the aim of delivering capital growth via a broad investment universe. The multi asset strategy references Maybank’s strategic asset allocation, aimed at confidently navigating market cycles, and draws on Fidelity’s dynamic tactical asset allocation focused on generating alpha and managing downside risk.

Commenting on this addition to Maybank’s offering, Hisham Hamzah, Chief Executive Officer of Maybank Asset Management Malaysia said, “This partnership with Fidelity International represents a major step forward in our dedication to providing innovative investment solutions that are tailored to the specific needs of our clients. The MAMG Alpha Capital & Income Opportunities Fund is designed to combine global expertise, delivering market-leading opportunities that enhance wealth but also provide protection across different market cycles. Available exclusively to Maybank clients, this Fund demonstrates our commitment to delivering investment solutions that align with their long-term financial objectives.”

Syed Ahmad Taufik Albar, Group CEO of Maybank Community Financial Services said, "Maybank is proud to be the first local bank to offer a global multi-asset fund that leverages our in-house strategic asset allocation expertise. As the exclusive distributor of the Fund, we can continue to provide our clients with customised investment solutions with diversified exposure and enhanced income opportunities, aligning perfectly with Maybank’s mission to deliver innovative solutions tailored to client needs.”

“With our extensive distribution network and proven track record, we are confident in our ability to deliver exceptional service and support. This Fund has already garnered significant interest in Singapore, reaching a size of S$100 million as of end-October 2024. Whether you prefer to connect with your Client Advisors or Relationship Managers, Maybank branches, or access it conveniently online through Maybank2u, this Fund is readily available to help you achieve your financial goals."

Damien Mooney, Managing Director, Asia Pacific ex-Japan at Fidelity International, comments: “Southeast Asia is a key focus for us at Fidelity, and we have been serving clients in the region for more than 20 years. We are delighted to partner with Maybank to provide investors in Malaysia and beyond an innovative investment solution that will enhance portfolio resilience and strengthen their financial futures. This collaboration allows us to combine Fidelity’s decades of global heritage in active investment management experience with Maybank’s extensive network and deep local insight into the Southeast Asia market.”

The Fund is designed with the aim to deliver positive returns in different market conditions and provide a source of defense in down markets:

• Accumulation (Grow), offers long-term capital growth by reinvesting dividends to leverage the power of compounding. 
• Income (Sustain), seeks to offer a regular monthly dividend stream.

The base currency of the Fund is in USD and is offered in six (6) classes denominated in different currencies, namely USD, MYR, and MYR (Hedged). The minimum investment amount is USD1,000 for USD Class, RM1,000 for MYR and MYR (Hedged) Class.

The Fund is available at Maybank branches nationwide. For more information, visit https://www.maybank-am.com.my

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