So next week market open will drop lagi ka?

Alamak.. Hope it won't drag most asia market down

Won't la, Nikkei is in a world of its own now

Four years ago, I invested in OSK-UOB Capital Protected ONE Advantage Fund through UOB. The fund matured on 7/6/2013 and when I called up to inquire about the redemption, I was told I will only get back my capital. This means the return is zero within this four years.

If I had kept my money in FD for 4 years, the compounded interest will be around 14.5%.

I am very dissapointed with how the fund was managed and it is hard to believe there is zero return and stock price has gone up, properties has gone up and how can the unit trust not making any profit?

Has anyone encounter such predicatement ?
The OSK-UOB Capital Protected ONE Advantage Fund has maturity date (4 years duration) and I suppose the one that you invested doesn't have a maturity date.

For that matter, I would recommend Public Mutual. I had invested in Public Mutual Public Equity fund in 2005 and it gave a return of 80% when I redeem it at the beginning of this year.

There could be something not right with the UOB fund managers. Other funds are giving reasonable returns and not UOB. sigh !

No explanation given. Anyway, whatever explantion they give, I don't think we can challenge them. They would probably ask us to fall back to the prospectus and agreement.

Just that I am wondering how come they can't earn some returns within this 4 years after the 2008 stock market meltdown ???

And just to warn other of the risk of no returns if investing in this kind of funds. Probably UOB trained their sales people to be very convincing and hoodwinking people to invest in their funds.

Hello sifus,

I have a question to ask. I just found out that my grandparents bought some funds from CIMB. Now it's already 8 years, lol...overall, it's making money (inflation not counted) cuz I see the ROI stated is more than 50% for each of them.
Do you think I should ask them to continue to hold or should sell already? These two funds are CIMB Principal Equity Income Fund and TA Income Fund.

I asked the RM and she said for the latter, she's seeing a slow down. And the first one is risky type. Her advise is to sell, or rather, okay to sell if we want.
I'm not familiar at all, so any feedbacks are appreciated.

Thanks!

Anyone out there had invested in OSK-UOB Capital Protected One Advantage Fund which had just matured on 7/6/13 after 4 years.

On the final week of 7/6/2013, the price drop from 1.1082 to 1.0270. This is the biggest weekly price drop.

I am very suspicious that the price might have been  manipulated, causing losses to the investors who had bought the fund at 1.05 inclusive of service tax.

Do I have a case to complain to the relevant authority ? And hope to get them to investigate the matter with the bank ?

Please advise, anyone ???

ok, got this from fb. dunno how real, but please be careful to whoever playing shares.

just incase they short selling? afraid the share prices will fall to whoever plan to long hold the shares?

however, the percentage indicated wasn't that much. but i dunno if it wil affect the pattern or not..

Hi all,

A newbie here... I've heard about a regular savings fund.
I was wondering how it works. I heard you'll need RM1k to open an account and then you can save RM100 each month.

I'm just curious how can we transfer the money to the account?

Hope to be enlighten.

Thanks.

Online transfer via Maybank

Hmm, in this case...prolly I shouldn't go for it, huh The other consideration to me is, even if they pay out at 4.5% at the least, it doesn't seem like it's worth holding on 3 years period for that % of returns. Seems kinda low to me, especially with other uncertainties.

The reason why I was considering this is, I haven't tried buying bonds before. So, I thought of starting somewhere, but don't know which ones are the good types or maybe none are, lol

Why i checked maybank and FSM, the SC rate is different, is that normal?

Did anyone go to the Philip capital investment far on 20 July?

Haha... Fair bro, sorry for the typo