PETALING JAYA: Maybank Asset Management Sdn Bhd (MAM) is offering Malaysian investors access to its Nasdaq Equity High Income Fund, a feeder fund that invests in the BlackRock Systematic Nasdaq Equity High Income Fund (target fund), managed by BlackRock.
The fund seeks to provide both income and capital growth by combining exposure to leading technology and innovation-driven companies with a disciplined income strategy.
Since its launch on Aug 6, the fund has surpassed RM100 million in assets under management with the MYR Hedged Class delivering a total return of 4.47% as at Sept 25.
The fund’s strategy is anchored on three complementary pillars designed to provide Nasdaq-100-linked growth participation while seeking regular income distributions. Firstly, the fund provides exposure to leading technology and innovation-driven companies with the Nasdaq universe and the broader US equity market, investing on a long-only basis to offer participation that closely tracks the Nasdaq-100.
Secondly, the fund leverages Blackrock’s Systematic capabilities, applying artificial intelligence and big data analytics to support investment research and decision-making. Thirdly, the fund targets an annual income distribution of 9% to 10% per annum, generated primarily through a covered call strategy applied to selected Nasdaq-100 constituents together with dividend income.
“The strong response to this Nasdaq Equity High Income Fund reflects investors’ demand for both income and growth opportunities in the technology sector, with the flexibility to invest in different currencies such as the US dollar. The fund provides a disciplined way to capture long-term technology growth while giving Malaysian investors access to sophisticated, institutional-grade investment strategies. We are pleased to make it available to our clients through Maybank branches network nationwide,” said MAM CEO Hisham Hamzah.
Meanwhile, Blackrock Systematic Group for EMEA and Apac head Ahmed Talhaoui said that by bringing together human expertise, advanced technology and data-driven insights, BlackRock Systematic’s investment approach can analyse opportunities at scale and support disciplined decision-making.
He added that combining exposure to innovative Nasdaq-listed companies with their systematic investing capabilities and an income-focused approach can offer a differentiated way to pursue long-term growth and income objectives.
Denominated in ringgit as the base currency, the fund is offered in multiple currencies including ringgit, ringgit (hedged), US dollar, Singapore dollar (hedged) and Australian dollar (hedged), with minimum initial investment amount of RM10,000, US$10,000, A$10,000 and S$10,000 respectively.
