Maybank Asset Management Sdn Bhd (MAM Malaysia) has appointed OCBC Malaysia as its new distribution partner, which includes OCBC Bank (Malaysia) Bhd (OCBC Bank) and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd (OCBC Al-Amin).
MAM Malaysia’s CEO, Ahmad Najib Nazlan, hopes that this collaboration will help strengthen the added value for OCBC Malaysia’s clients while also attracting more investors.
“We are ready to offer OCBC’s clientele our innovative investment solutions and services by offering our Maybank Singapore REITs Fund, one of our best performing flagship funds, to OCBC Malaysia’s investors,” he says.
The SREITS market is Asia’s second-largest REITs market, with over forty (40) investable REITs, and one of the highest yielding REITs in the world, with an average yield of 5% p.a.
The Maybank Singapore REITs fund provides exposure to Tier 1 retail real estate, acts as an inflation hedge, and focuses on income generation, with an income distribution track record of 5.13 percent p.a.* paid semi-annually since its launch in 2018.
Furthermore, following their inclusion in a major property index last week, select small and mid-cap SREITS are expected to benefit from increased fund flows.
