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Fund Investment Corner v3, Funds101
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nexona88
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Jun 7 2016, 04:58 PM
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The Securities Commission Malaysia (SC) has warned the public to be wary of get-rich-quick schemes which were being promoted under the guise of bond investments.
In a statement Tuesday, the SC said sometimes the offerings were purportedly linked to foreign bonds, masquerading to feign legitimate schemes.
"The schemes entice investors with guaranteed high returns or profits as high as 40 per cent with little or no risk to them.
~Bernama
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nexona88
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Jun 26 2016, 10:25 PM
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returns 20% on a monthly basis?
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nexona88
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Jun 26 2016, 11:12 PM
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QUOTE(nightzstar @ Jun 26 2016, 11:04 PM) That's why I am sceptical. Too good to be true, ain't? yeah.. but the Maximum investment allowed is kinda small leh normally I heard it's 10k something
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nexona88
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Jul 9 2016, 12:54 PM
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Entry fee in Malaysia’s fund management industry among highest in the world QUOTE there is a fee called the entry fee, which at 5% to 6% imposed on total funds invested, is thought to be among the highest in the world.
Areca Capital CEO Danny Wong Teck Meng, for instance, says that his company has always maintained that the prevalent entry fee of 5% to 6% is too high.
“UK and Australia have already banned commissions from entry fees, yet this is still the norm here in Malaysia,” Wong, who helps manage some RM700mil in client funds, tells StarBizWeek.
Entry fees are determined by the market and whatever that is collected is paid out mainly to product distributors (banks, independent financial advisers, platforms) and their agents. http://www.thestar.com.my/business/busines...-fees-too-high/
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nexona88
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Aug 1 2016, 07:02 PM
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Malaysians look to offshore investments for diversification, says fund manager http://www.theedgemarkets.com/my/article/m...?type=Corporate
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nexona88
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Aug 10 2016, 07:08 PM
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nexona88
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Oct 5 2016, 10:52 PM
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QUOTE(terence8 @ Oct 5 2016, 12:46 AM) what about kenanga growth fund? i have been approached by a friend and the profit seems very good for this moment of time. Anyone have experience for this? the friend from kenanga? agent selling the UT? how much the SC?
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