Maybank, JP Morgan launch fund

KUALA LUMPUR: Maybank Asset Management Sdn Bhd (MAMG) and JP Morgan Asset Management have launched the MAMG Global Dividend Fund, a feeder fund to achieve capital and income growth by investing in the JPMorgan Investment Funds — Global Dividend Fund, managed by JPMorgan Asset Management (Europe). The target fund invests in global equities across the yield spectrum from high-dividend yield stocks, dividend growth stocks to steady compounders, which generates high and rising income.