28 May 2024

Maybank Singapore and Fidelity International announce partnership to launch innovative multi-asset investment solution to provide portfolio resilience amidst market cycles

Maybank Singapore (Maybank) and Fidelity International (“Fidelity”) today announced a partnership to launch a market-leading multi asset solution. The new ‘FAST - Maybank Alpha Capital & Income Opportunities Fund’ (the Fund) aims to deliver both income and capital growth opportunities across a broad investment universe for greater diversification benefits.

The partnership will enhance the bank’s investment offering through a unique, market-leading solution that will combine Fidelity’s global expertise and research capabilities with Maybank’s deep insight into the needs of ASEAN clients and extensive footprint across the region. The collaboration highlights Maybank's continued efforts to innovate and expand its product offering to cater to investors' evolving needs as well as Fidelity’s commitment to bringing its decades of investment management experience to more investors in the region.

Alvin Lee, Country CEO of Maybank Singapore said: “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. 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.”

Sabrina Gan, Head of Southeast Asia and Country Head of Singapore at Fidelity International, comments: “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. 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.”

The Fund is offered in three share classes (Accumulation, Income and Decumulation) to meet different investment goals:

• Accumulation (Grow), offers long-term capital growth by reinvesting dividends to leverage the power of compounding.
• Income (Sustain), seeks to offer a regular monthly dividend stream.
• Decumulation (Stretch), looks to maximise the income payout to fund investor’s retirement needs with a regular monthly dividend stream.

The FAST - Maybank Alpha Capital & Income Opportunities Fund is exclusively distributed by Maybank Singapore, and will be available in Malaysia via Maybank Asset Management in Q3 2024.

For media queries, please contact sg.corpcomms@maybank.com