Portfolio Financing/Islamic Portfolio Financing (PF/IPF) is a short term revolving credit facility that allows you to pledge acceptable collaterals with Maybank/Maybank Islamic to access additional funds for investment purposes.
Maybank Portfolio Financing
A short term revolving credit facility that allows you to pledge your assets to access additional funds for investment purposes.
How Does it Work?
The PF/IPF facility allows you to draw down and invest in:
- Retail Bonds/Sukuk
- Conventional and Islamic Unit Trust Funds
For IPF, the re-investment is limited to Sukuk and Islamic Unit Trust only.
The credit limit of the PF/IPF facility shall be approved based on the collaterals pledged for financing.
Financing* amount:
- Minimum RM1 million
- Maximum RM10 million**
*Subject to meeting the requirement set by the bank.
**Foreign currency borrowing by Malaysian Resident individuals is subject to an aggregate limit of RM10 million. If the aggregate amount exceeds the prudential limit for the same calendar year, to obtain BNM approval from the resident client before proceeding with the loan application.
Acceptable Collaterals
|
Asset Type |
Details |
|---|---|
|
Cash Equivalent |
|
|
Fixed Income (Bonds/Sukuk) |
|
|
Unit Trust Fund/Islamic Unit Trust Fund |
|
Acceptable Facility Currency
- Malaysian Ringgit (MYR)
- United States Dollar (USD)
Note:
- For residents with MYR-denominated facilities, the drawdown currency must be in MYR.
- For residents with USD-denominated facilities, the drawdown currency can be any of the G10 currencies namely USD, SGD, AUD, NZD, GBP, EUR, HKD, JPY, CAD, CHF
- Residents can apply both MYR and USD Facility while Non-Residents can only apply USD facility
Benefits of Portfolio Financing
- Access additional funds to unlock potentially higher investment returns
- Grow your wealth by leveraging on the credit facility
- Provides flexibility on your investment strategy
- Diversification of your investment portfolio and market risks
Eligibility
- Maybank Premier clients, including Malaysian Residents & Non-Residents
- Aged 18 years and above
- Holding a minimum Asset Under Management (AUM) of RM500,000
- Sophisticated investor as defined by Securities Commissions Malaysia
Fees and Charges
|
Item |
Fees and Charges |
|---|---|
|
Stamp Duty |
As per in the Stamp Duty Act 1949 (Revised 1989) |
|
Tax |
Subject to all applicable taxes and levies now or thereafter imposed by the laws. |
|
Other Fees |
Where applicable e.g. CDS Account Opening Fee, CDS Share Transfer Fee, Handling Right Issue Fee and other costs and expenses. (including legal fees and other charges incurred in the preparation of all documentation and perfection of the Bank’s security documents). |
How to Sign Up?
Get in touch with your dedicated Relationship Manager today or visit a Maybank Premier Centre near you.
Click here for a list of Maybank Premier Centers and Lounges.
Need assistance?
Email us at premierwealth@maybank.com.my
Required Documents
- Photocopy of your National Registration Identity Card (NRIC) / valid Passport with visa / work permit/employment pass
- Maybank Portfolio Financing/Islamic Portfolio Financing (PF/IPF) application form
- Other related documents, as advised
- Provide all the required documents to your RM.
More Info
Click here to view Maybank Portfolio Financing (PF) Product Disclosure Sheet
Click here to view Maybank Islamic Portfolio Financing (IPF) Product Disclosure Sheet
Click here to view Maybank Portfolio Financing/Islamic Portfolio Financing (PF/IPF) Application Form
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