KUALA LUMPUR, Nov 8 (Bernama) — Maybank Islamic Asset Management Sdn Bhd (“MIAM”) today announced the launch of its wholesale fund, the Maybank Islamic Strategic Income Fund (“MISI Fund”), developed in strategic collaboration with Maybank Islamic Berhad.
The MISI Fund is designed to enhance corporate and institutional investors’ cash and liquidity management needsby offering a Shariah-compliant solution with the potential to generate net returns of up to 3.7% – 3.8% per annum. The Fund also provides a high level of liquidity, offering T+1 business day redemption, providing quick access to funds1.