Regular charges run from 5.5% up to 6.28% if you're using an agent.

If your lump sum is above 500K, and low transaction volume, we can go down to 1.5%.
For large sum and high transaction volume, we have an alternative pricing structure.

Yes, that's correct. Which is why larger volume investors will opt for an alternative pricing model, or invest in structured investment products instead.

Sorry, forgot to mention that 5.5-6.28% is for equity/balanced/allocation funds. For fixed income its usually 2-3%, and money markets are 0%.

If I'm not mistaken the instrument is a 5 year MTN structured by Areca Capital. As far as I know its unrated.

The underlying is a property development investment shared between Sepang Gold Coast (or something like that) and the Selangor state govt. The total amount they are wanting to raise is RM25m. They are being sold in blocks of RM50K/100K.

Seeing that the amount being raised is relatively small, and the funds can be easily obtained through a collateralized business loan, a 10% yield seems unusually high.

Caveat emptor.

Depending on the amount and the TAT you require, you you can have a look at :
1. Overnight deposits,
2. Short term money deposits,
3. Cash management funds,
4. Money market funds.

Yeah, that would be a correct assumption. Just call in before 10am if you need the funds today.

1. Overnight deposits - T+0 - 3.2%
2. Short term money deposits - 1 Week - 3.3%, 2 Weeks - 3.4%, 1 Month 3.6%
3. Cash management funds - T+0 - <3.2%.
4. Money market funds - T+2 - 3.4-3.9%.

Not OT, MMFs are still UT funds ..

--

This post has been edited by lukenn: May 24 2025, 01:10 AM