Usually no.

Am guessing only...

Index funds, the fund will buy all the shares that forms the basket of the composite. It attempts to replicate the performance of the index.

Equity fund, practically no restrictions, as long as it is shares and it fits the parameter of the fund. The fund will pick it up. Equity funds normally try and outperform the index.

There's probably more equity funds out there as opposed to index funds.

For Malaysian and Asian markets,  index fubds mot worth it. U can easily beat the index

Not too risky

Is not worth it

Lol... If not depend on fund management then depend on?

Anyway, it all depends on our risk appetite and investment horizon.

Companies that form part of the basket in the composite r generally matured companies with no room for growth and established in their own areas. Nothing exciting happens. Returns are generally stable or flat.

Non index funds, there's practically no restrictions. The company can be a piece of junk but if the fund manager thinks it has potential for growth and fits the funds OBJ, he will go and invest in it.

Listen to what she say first and then balance it against your expectations , btw do you have a link or materials for me to read up on our fund?

not too sure about the fix income part... anyway lets presume all Fund Manager's do their due diligence to mitigate the risk of default in bonds.

Next before you invest in unit trust fund especially the funds that you don't know... ask from Agent what is the name of the Fund, so you can do some research.

That HLB agent is selling u some funds that belong to other fund house. Coz i check Hong Leong Asset Management website (http://www.hlam.com.my/Retail-Solutions/overview), they don't seem to have any index fund.

not too sure about the fix income part... anyway lets presume all Fund Manager's do their due diligence to mitigate the risk of default in bonds.

Next before you invest in unit trust fund especially the funds that you don't know... ask from Agent what is the name of the Fund, so you can do some research.

That HLB agent is selling u some funds that belong to other fund house. Coz i check Hong Leong Asset Management website (http://www.hlam.com.my/Retail-Solutions/overview), they don't seem to have any index fund.

can share abit abt the index fund? intial amount? return like?

(a) I googled, this product is an investment linked fund sold by HLA.
(b) the underlying is an FRNID issued by CIMB, can see from Fund Fact Sheet.

What I don’t like about the product. The fact that I have to pay upfront management fee, the manager already sapu my duit for next 20 years even before he does any work. The duration of commitment is so extensive that by the end of 20 years, a lot of things can happen. What if CIMB or HLB goes bust? Unlikely to happen, that’s what they told me about Lehman.

From the Fund Fact Sheet, I noted this Fund  invest in FRNID issued by CIMB. This suggest that HLA actually purchased a structure product from CIMB, they are effectively on-selling to end Clients. The upfront fee is high, this is probably because HLA may be shifting the cost of purchasing the note to policy holders or perhaps to retain profit sharing ratio. In addition to that, the issue price will be significantly different if there is some form of guarantee involved (example at the end of 20 years, to sell the Fund at highest rate achieved by the Fund) or principally protected until maturity (as noted in the Fund Fact Sheet. Note it doesn’t if its principally protected when there is occurrence of a withdrawal i.e. you may not get dollar to dollar value, you might be penalized on exit.), this features will entail additional cost.

Essentially for a policy holder, you betting within that 20 years there will be a super bull run and the policy will achieve a super peak. Now the question is, if there was a bull run wouldn’t my unit trust or shares perform just as well without the aforementioned restriction? Also, why should I pay so much for so little and for so long!

Also check out an interesting discussion in the following link, I haven’t finished reading it yet…

Start from post #2630
https://forum.lowyat.net/topic/2722457/+2340

My conclusion…

This product is not worth it. Too many uncertain variables.