Maybank announced the launch of Maybank Goal-Based Investment, a beginner-friendly digital retail investment tool that allows customers to select their preferred investment fund that suits their financial objectives.
Available on MAE App and Maybank2u Web, the investment feature enables customers to select their preferred investment
funds to suit their financial objectives, from a comprehensive suite of offerings managed by professional fund managers. With just a minimum amount of RM200, customers can start investing in funds with low sales charges and no lock-in period.
Syed Ahmad Taufik Albar, Group CEO of Community Financial Services of Maybank said that the Bank understands that those who are just starting to invest can get overwhelmed and may not know where to start, while some may be worried about high fund management or processing fees. Maybank Goal-Based Investment helps to remove these barriers by making investing accessible and affordable for everyone, requiring only a low investment amount and providing a guided experience through digital banking platforms.
Maybank Goal-Based Investment will then enable customers to easily create portfolios out of a range of Unit Trust funds that are catered towards their risk appetite, financial goal and their goal’s timeline. Both conventional and Shariah-compliant funds are available, while sales charge is set at a maximum of 1.5%. From now until 25 June 2024, customers can also enjoy a 0% sales charge on their initial investment.
