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 Public Mutual v4, Public/PB series funds

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ming2007
post Oct 29 2012, 12:09 AM

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Dear all,

May I seek for some advice regarding to Public Bank Uniflex Loan for Public Mutual UT holders?

If the maxiumum amount of Loan is up to 80% and BLR is -1%, for eg UT amount is RM10,000.

The loan can be provided is RM8,000 and interest rates will be (6.6%-1% = 5.6% )?

My questions are:
1) Is Bond holders eligible for the loan?
2) Is the BLR will be fixed or floating according to market rate?
3) Any latest BLR interest rates for the Uniflex Loan?

Thanks in advance for any advice from you.

ming2007
post Nov 1 2012, 09:51 PM

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QUOTE(cheahcw2003 @ Nov 1 2012, 12:43 AM)
1) apply to all Public and PB funds.
2) BLR is fixed by BNM, BNM fixed the ceiling BLR, the bank has the rights to charge lower.
3) latest BLR is 6.6%
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Thanks for the reply, bro. Do you know how much is the interest rates for Uniflex loan?

This post has been edited by ming2007: Nov 1 2012, 09:51 PM
ming2007
post Nov 4 2012, 11:39 PM

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QUOTE(cheahcw2003 @ Nov 1 2012, 10:13 PM)
BLR - 1%
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Thanks for the information, bro. smile.gif
ming2007
post Nov 9 2012, 12:24 AM

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I'm not really familiar with FSM.

1) May you all advise how does it work? As comments above, it is fully E-platform to be operated by investor.

2) Withdraw and deposit fund fast? Preferable which bank?

This post has been edited by ming2007: Nov 9 2012, 12:24 AM
ming2007
post Nov 12 2012, 08:31 AM

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QUOTE(wongmunkeong @ Nov 9 2012, 07:57 AM)
Thanks for the info, bro. It is very useful rclxms.gif
ming2007
post Nov 15 2012, 04:02 PM

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QUOTE(asiatrader98 @ Nov 12 2012, 09:30 AM)
interested about this Mutual Life Plus 2.....
any expert here to comment pro & con
and min unit to hold to get this Mutual Life Plus 2...TQ rclxms.gif
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I do buy Mutual Life Plus 2. As I know, this is open for PM Unit Trust Holder with RM5000 NAV of Unit trust to purchase the offered insurance. So far, the insurance fee is far cheaper than outside (please compare and confirm by yourself)

Currently, Great Eastern is the one PM offered but I received notification that PM is going to use AIA as the insurance replacement for Great Eastern in Nov onwards. For the amount and coverage of AIA, i think you need to refer to PM branches.


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