hi guys im new to investment (real, study book got la). I went to public bank and was looking for a retirement plan, then he showed me unit trust.

I asked for guaranteed rate of return like an endowment plan for my retirement, i'm looking for 7~8% compound interest,

Let me know if anyone knows Public bank offers such plan.

I understand unit trust nature as a high risk high return mechanism, but I'm a conservative investor. PM me if you have info. or post here.

sorry i visit the wrong place. so hong leong 'assurance' offers the thing I want.

so if im looking for retirement plan, PB unit trust is not suitable for me ? I need 10 year commitment with 7~8% return. I understand being risk adverse the rate I get is only 5% (bond), but I'm still trying to search for it.

PS: I want a guaranteed rate of return, not as volatile as the unit trust =/ past performance is not an indicator for future price? hahah

This post has been edited by alexkos: Mar 1 2011, 03:59 PM