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Maybank Asset Management Malaysia launch Shariah-compliant retirement solution

The funds aim to achieve a 6% to 8% return per annum.

Maybank Asset Management Sdn BhD (MAM Malaysia) has launched the Maybank Flexible Retirement Solution, the bank’s first Shariah-compliant retirement solution.

The solution comprises two new global Shariah-compliant funds. Investors can choose and switch between the Maybank Global Wealth Moderate-I Fund and Maybank Global Wealth Growth-I Fund tailored for their retirement planning.

The funds aim to achieve capital growth over the medium to long term, with a target return of 6% to 8% per annum. 

In applying Shariah-filters to the investment process, the funds are able to capture better quality assets, according to Maybank.

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Schroder Investment Management (Singapore) served as the investment adviser to the solution. 

The Maybank Flexible Retirement Solution is available exclusively at Maybank branches in Malaysia.

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