Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 ICT Zone Ventures - 8% p.a. yield, Highly not recommended to invest

views
     
michspc
post Aug 17 2011, 12:13 PM

New Member
*
Junior Member
31 posts

Joined: Oct 2010
is this mutual fund or what? is it covered by PIDM?
michspc
post Aug 17 2011, 02:06 PM

New Member
*
Junior Member
31 posts

Joined: Oct 2010
QUOTE(spikyz @ Aug 17 2011, 01:20 PM)
Lets read first and discuss. What i found.

1. What is the minimum investment value per unit?

They are referred to as ICT Interests and the minimum investment value per ICT Interest is RM5,000.

2. Is there a limit to the number of units that I can invest?

No, there is no limit to the number of ICT Interests that you can invest.

3 . Is there a buy-back guarantee?

Yes, there is a buy-back of ICT Interests after a three-year lock-in period.

4 . How safe is my investment?

A scheme trustee approved by Bank Negara and Suruhanjaya Syarikat Malaysia - My Premier Trustee (Malaysia) Berhad [719395-T], has been appointed to oversee the Scheme and your capital is protected by a cumulative nine-year Redemption Reserve Fund managed by the approved scheme trustee. An independent consultant, PKF Accountants (AF 0911) has been appointed to audit the Scheme every six months to ensure its governance and transparency.


Added on August 17, 2011, 1:22 pm
*
so is it safe to invest? is it too good to be true? 8% nett per annum for 9 years till 2020


michspc
post Aug 18 2011, 01:03 PM

New Member
*
Junior Member
31 posts

Joined: Oct 2010
so is this good to invest?

 

Change to:
| Lo-Fi Version
0.0192sec    1.31    6 queries    GZIP Disabled
Time is now: 18th December 2025 - 12:13 PM