Fidelity International and Maybank Singapore has launched a new multi-asset fund, the FAST – Maybank Alpha Capital & Income Opportunities fund.
The new fund is available currently in Singapore and will be available in Malaysia via Maybank Asset Management during the third quarter.
The fund aims to deliver both income and capital growth opportunities. It is offered in three different share classes.
The first, accumulation (grow) offers long-term capital growth by reinvesting dividends, the second, income (sustain), aims to provide a regular monthly dividend stream, and the third, decumulation (stretch), looks to maximise the income payout to fund investors’ retirement requirements with monthly dividend payments.
“We are delighted to work with Fidelity as this partnership is a strategic extension of our combined investment and in-depth research capabilities to deliver a compelling multi-asset investment solution,” said Alvin Lee, country CEO of Maybank Singapore.
“This differentiated solution enables clients to meet their wealth and income goals across different life stages amid increasing market uncertainty. We will continually strive to provide clients with industry-leading investment solutions to achieve their financial goals.”
“We are excited to partner with Maybank to provide investors in Singapore and the wider region with a truly innovative product that will build resilience into their portfolios and so strengthen their financial futures,” said Sabrina Gan, head of southeast Asia and country head of Singapore at Fidelity International.
“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, and we look forward to delivering an enhanced range of services and solutions to Maybank’s clients.”
