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 Public Mutual v3, Public/PB series funds

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cracksys
post Feb 10 2012, 09:47 AM

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QuickQ.

i was offered a package called Public Mutual Saving Fund and told that i'll get on average 12% per year which will be paid twice a year (effectively 6% per cycle)

my principal would not be affected by nose-jump price decrement.

it will be similar to saving account, whereby after 3 months, i'll be able to withdraw my cash anytime i want.

legit?
cracksys
post Feb 10 2012, 10:40 AM

I'm a Vault Dweller!!
*******
Senior Member
3,668 posts

Joined: Jun 2006
From: Bikini Abyss


QUOTE(wongmunkeong @ Feb 10 2012, 10:33 AM)
I think there's some very bad misrepresentation by agent OR misunderstanding by U. If there is such an animal paying 12% on average per year and similar to savings account, i think most of the folks here will be jumping in. Better get more detailed info.
*

its a 5 minutes chat and i didn't miss anything.

furthermore, he's adamant in telling me that this is not TRUST FUND but instead a SAVING. i've been in PB website and didn't find any extra info thus, my post in here.

anyway, i'll get extra info when i bump into him again. thanks.
cracksys
post Mar 5 2012, 01:16 PM

I'm a Vault Dweller!!
*******
Senior Member
3,668 posts

Joined: Jun 2006
From: Bikini Abyss


sorry to chip in,

i'd like to learn more about fund investment. so what is the next step? i know the minimum investment of RM1k, but how is the process. do i need to go to branch or find an agent?

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