PMB Shariah Stable Value Income Fund

Launched on the 3^rd December 2025, the ringgit-denominated PMB Shariah Stable Value Income Fund is designed for sophisticated investors seeking a conservative, liquid vehicle that delivers steady monthly income while preserving capital. 

“This fund serves as a key pillar in PMB Investment’s cash-management strategy and acts as a gateway for investors looking to consolidate treasury cash while gradually moving into higher-return mandates,” CEO Hang Tuah Amin Tajudin told IFN Investor. 

Designed as a stable-value, low-volatility income solution that sits between traditional Islamic money market funds and short-term Sukuk funds, this PMB offering aims to provide investors with a consistent stream of income.  

“Unlike typical offerings that rely heavily on very short-dated placements, our portfolio uses a structured laddering approach across high-quality Sukuk including selected unrated but institutional-grade structures with strong collateral, to enhance yield without compromising liquidity.” 

At least 30% of the fund’s NAV will be invested in ringgit-denominated Sukuk and Islamic money market instruments, while the larger portion placed in Islamic deposits is capped at 70%. Up to 30% may also be channeled into Shariah compliant collective investment schemes.  

The fund may also undertake Islamic repurchase agreements and Islamic reverse repurchase agreements using Shariah compliant contracts. 

“Our primary segment includes institutional investors, corporates, government-linked entities and high net-worth individuals seeking reliable cash-management solutions with better yields than deposit-like instruments.” 

The minimum initial investment is RM100,000 (US$24,340), with subsequent top-ups from RM10,000 (US$2,434). Investors need to hold a minimum of 100,000 units, initially priced at a par of RM1 (US$0.24) each. 

With performance benchmarked against the Maybank one-month Islamic fixed deposit rate, this fund will be actively managed – where the average duration of the portfolio shall not be more than two years to support its capital preservation mandate. 

*Disclaimer:  The opinions and viewpoints expressed in the Fund Profile do not constitute as recommendations for any funds highlighted. The information presented is not investment advice and should not be treated as such.