MMH2 requirements...


Open a fixed deposit account of RM150,000 OR
 - If full Government Pension of RM10,000 income is shown then no fixed deposit is required.

After a period of one year, participant who fulfills the fixed deposit criteria can withdraw up to RM50,000 for approved expenses relating to house purchase, education for children in Malaysia, medical purposes, rental, furniture, car purchase etc.

Participant must maintain a minimum balance of RM100,000 from the second year onwards and throughout his/her stay in Malaysia under this MM2H programme.

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How to be an eligible HSBC Premier Customer:
1. Deposit and/or invest in Premier Savings, FlexiTime Deposits, Unit Trusts, Structured Investments, Dual Currency Investments, and Direct Retail Bonds with a Total Relationship Balance of RM200,000.00 or more.
2. An account fee of RM150 will be applied for the month should your average Total Relationship Balance drop below RM200,000.00. There won’t be any charges for an average Total Relationship Balance of RM200,000.00 and above.

What do you think of this? Appreciate any thoughts

Kuwait Finance House just opened their latest branch at KL Sentral City Air Terminal. Those around the area can open their 3.88% FD (6-month, 12-month, 24-month)

Why is everyone so worried about PIDM ? For me I don't care. If a bank fails in Malaysia, other banks will take it over lah.

i hope not. i expect bnm to raise rates by 10-25bps before yr end.

if not, the rm will burn faster vs usd.

emerging country currencies are being mauled by a rush back to usd incl indon, indian, s africa, brazil currencies.

OCBC FRNID's Terms And Conditions (5 pages) - Potential to earn 4.5% interest rate p.a. for 5 years tenure

Effective from 2 September 2013 to 25 September 2013

Minimum principal amount: RM 70K
Maximum principal amount: No limit

Capital is guaranteed
No PIDM
Interest payment on every 3 months basis

Don't need to delete, just to remind for those may not investment savy people.
As those belonged those structured investment category.

As some newbie may confuse FRIND or any structured investment even though there are capital protected, but they are never a FD.
As stated clearly across, those investment is not PIDM, similar to one invest UT with banks, the different is banks structured it become a capital protected only.

It is quite easy to structure a capital protected investment on one onw.
You have 100k and time frame is 3 years.
You put 90K is a AAA rated bond that carrying 3.33% yield. After 3 years, you get back 100K, viola capital protected.

While the rest 10K put in warrant, options, derivatives that may win big, as they carrying leverage power to do so.
So if as planned, the 10k become 20k, the total investment final value is 120K, so equivalent to 6.66% yield investment already.

This is how can a structured investment being crafted out.