MALAYSIA: Maybank Asset Management (MAM Malaysia) has launched the Maybank Global Technology-I Fund, its second in-house global fund and an addition to its Shariah compliant investment solutions, to offer investors access to high-growth tech companies adhering to Shariah principles.
With at least 75% of its net asset value allocated to global Shariah compliant technology-related equities, the fund targets sectors like AI, cybersecurity, digital payments and cloud computing. Denominated in Malaysian ringgit, the fund offers both retail and institutional options, with a minimum investment of RM1,000 (US$223.91) and RM250,000 (US$55,972.92), respectively.
