Maybank Asset Management Sdn Bhd has launched the MAMG Growth And Income-I Fund, a new shariah-compliant unit trust aimed at investors seeking both capital growth and regular income. The fund targets an annual return of around 7% [PDF], alongside an income distribution of approximately 6% to 6.5% per year, based on its stated investment approach.

The fund was launched on 14 January 2026 and is available exclusively to Maybank’s regional clients.

Designed To Balance Growth And Income

The MAMG Growth And Income-I Fund is structured to provide exposure to global markets while maintaining a focus on income stability. It seeks to generate consistent income across different market cycles, rather than relying solely on short-term market movements.

This positioning may appeal to investors who want their investments to grow over time, but who also value periodic income as part of their overall financial planning.

How The Fund Invests

The fund operates as a shariah-compliant feeder fund. At least 90% of its net asset value is invested into the Schroder Maybank Growth And Income-I Fund, which is managed in Singapore by Schroder Investment Management. The remaining portion, of up to 10%, is allocated to Islamic liquid assets such as Islamic deposits and Islamic money market instruments.

Through the underlying fund, investments are made across a range of global asset classes, including emerging market debt and sukuk. This diversified approach is intended to spread risk and support more stable returns over time.

Global Exposure With Shariah Compliance

All investments follow shariah principles, with Amanie Advisors Sdn Bhd appointed as the shariah adviser. The underlying target fund is denominated in US dollars, which means currency movements can affect returns for Malaysian investors.

To help manage this risk, the fund offers hedged share classes and may use Islamic hedging instruments where appropriate. Even so, investors should be aware that currency fluctuations can still influence the fund’s value.

Multiple Share Classes For Different Preferences

Investors can choose from several share classes, including ringgit, ringgit hedged, and US dollar options. Each currency option is available in accumulation and distribution classes.

Accumulation classes reinvest returns back into the fund, which may suit investors focused on long-term wealth building. Distribution classes aim to provide quarterly income payouts, although these distributions may be paid from income, gains, or capital, which can reduce the fund’s net asset value over time.

Minimum Investment And Fees

The minimum initial investment is RM1,000 or US$1,000, depending on the selected share class. Additional investments can be made from RM100 or US$100 onwards, allowing investors to top up gradually.

Fees include a sales charge of up to 5% of the net asset value per unit and an annual management fee of up to 1%. There is no redemption charge, but investors should still factor in all costs when assessing the fund’s potential returns.

Who This Fund Is Suitable For

At RinggitPlus we believe this  fund is suitable  for investors with a long-term investment horizon, who are looking for a combination of income and growth. It may be suitable for those with a more conservative or moderate risk appetite compared to pure equity funds, while still wanting exposure to global markets.

It is also relevant for investors seeking shariah-compliant solutions as part of their retirement planning, income strategy, or portfolio diversification. As with all unit trust investments, returns are not guaranteed, and the value of investments can go up or down.

Part Of Maybank’s CIO-Powered Strategy

According to Maybank Asset Management, the launch forms part of its CIO-powered investment franchise, which is guided by the firm’s central investment outlook. The approach focuses on disciplined portfolio construction and active oversight, particularly during periods of policy and market uncertainty.

Schroders, the manager of the target fund, contributes its global multi-asset and shariah investment expertise to the partnership. As at 30 June 2025, Schroders managed assets totalling US$1.06 trillion, reflecting its scale as a global investment manager.

What This Means For Everyday Investors

For Malaysian investors planning their personal finances, the MAMG Growth And Income-I Fund adds another option in the growing range of shariah-compliant funds that prioritise income alongside growth. It highlights a continued focus on solutions designed to provide steadier returns, especially for those who want to reduce reliance on a single market or asset class.

Before investing, individuals should consider how the fund fits into their broader financial goals, risk tolerance, and time horizon, and review the fund’s prospectus to understand its features and risks in detail.

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