Maybank Asset Management launches Shariah feeder fund with Schroders

MALAYSIA: Maybank Asset Management launched the Shariah compliant MAMG Growth and Income-I Fund, which feeds into the Schroder Maybank Growth and Income-I Fund – established on the 5^th November 2025 – which in turn is a sub-fund of the Schroder International Opportunities Portfolio. The feeder fund’s launch, with a Shariah focus, is an expansion using guidance of the signature Maybank CIO-powered franchise of conventional strategies. Offered in six classes of ringgit- and US dollar-denominations, entry is either RM1,000 (US$246.58) or US$1,000 respectively. Having a reference benchmark of 75% Dow Jones Islamic World and 25% Maybank 12-month Islamic Fixed Deposit-i rate, the fund seeks to provide capital growth and income – but distributions are discretionary for some classes.