Mar 1 2011, 05:03 PM
QUOTE(xuzen @ Mar 1 2011, 03:37 PM)
Sounds like a medium to short term fixed income kind of instrument.
NED-i = Negotiable Instrument of Debt (i = islamic)
Callable = the issuer can terminate the fund anytime.
Better to buy Bond funds, less risky.
Xuzen
In my opinion, skip this investment scheme la. I'm no expert, but in my 10 years stock/ut experience, you can easily beat 8% PA nett year after year through common stocks, somemore with withdrawal flexibility. Do some homework and there's a lot of jewels out there. Don't waste your time with this 6.8%. Invest in stock is not difficult, trading is! Good luck NED-i = Negotiable Instrument of Debt (i = islamic)
Callable = the issuer can terminate the fund anytime.
Better to buy Bond funds, less risky.
Xuzen
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