I wouldn't mixing/rojak protection and investment as I will seperate it via my own appetite of portfolio.

Taichi (balance of two things) is good for morning sport, but it doesn't fit in investing hard earn money. In short, I don't taichi my money for investment purposes.

But if someone lazy do research/studies about funds, can't take risk then maybe it's OKAY for your appetite.

But don't expect it perform like hottest k pop bands because very most likely it won't.

My dua sen.
Gd night everyone.

This post has been edited by heavensea: Oct 16 2016, 12:18 AM

12% realz?

Bernie Madoff of Malaysia Aka Bapak Madof

Just been approached by an agent about this fund, the story of the package she told me as below;

1) Guarantee, around 64.5% per annum for 18 years (2035), 3.6%per annum.

2) Guarantee, a dividend of year 6th (4%), 7th (8%), 8th (12%), 9th (16%), 10th (20%) and 20% for the rest of years.

3) There's lockup profit at the highest price, say if you bought at price 0.9, and supposedly the guarantee is 1.13 at maturity year 2023, and the price hit 1.5 in the middle of the period, HLA will lock up 1.5, and you gain 1.5 even the price are lower than 1.13 upon maturity.

4) HLA only absorb 1.5% from total capital annually, that's including commission fees and life plan.

So anyone can clarify and confirm this.

This post has been edited by Clement1001: Apr 1 2017, 01:02 AM

If you just want confirmation.....just ask the agent to gives you in black n white in his/her company letterhead , signed & chopped.

If i'm not mistaken, it is HLA Evergreen 2035, it's an Investment-Linked Life product. It does not give guaranteed returns since it is an investment like unit trust. It's best if you could request the sales illustration/quotation from the agent. In addition, I had attached the HLA Evergreen fund reports for your information, It can be found from HLA website by the way, cheers!


Attached File(s)
 HLA_Evergreen_JAN_2017.pdf ( 682.39k ) Number of downloads: 267

any heard of hong leong linked fund ?

If I bought it since year 2015, should I terminate now since this is not a promising fund?

HLA evergain plus? Mine was from 2015 as well, with reduced paid up option so I only had to pay premium for first 3 years. Signed up for the "lock in" feature last time.

You can sign on to their portal and see the surrender value, https://www.hla.com.my/CMS/HLA360/login/1.aspx probably you will keep it after seeing the surrender value

May i know how to see the surrender value in the portal?

After login:
1. Select your evergain policy
2. Click on the 'Benefits/Fund Details' tab
3. Expand the 'Fund Value' section, you can see the fund your money went into along with the 'Total Units (a)' and 'Unit Price (b)'. 'Total Fund Value' is (a)*(b).

If you surrender now, I'm guessing the value you get is 'Guaranteed Cash Surrender Value for Basic & Rider' (under 'Policy Benefit Details' section) + 'Total Fund Value' (under 'Fund Value' section).

If you wait until maturity, your 'Total Fund Value' should be calculated from 'Min**' column value, from this page:
https://www.hla.com.my/CMS/Investment-Linke...tail.aspx?id=14

Maybe I'll confirm with my agent whether my understanding is correct over the weekend


Update, confirmed with agent:
i. Death/TPD: Sum Assured + Guaranteed Cash Surrender Value + Total Fund Value (calculated using Total Units x Current Unit Price)
ii. Maturity: Guaranteed Cash Surrender Value + Total Fund Value (calculated using Total Units x Max Locked In Unit Price)

This post has been edited by roarus: Jul 16 2018, 05:58 PM

I bought Evergreen 2035 for 2 years now. Based on the guaranteed price upon maturity, I still lose about 25% of my total investment.

According to the agent, I can choose to pay only for the first 3 years.
And before maturity, I can top up anytime and still get the guaranteed price upon maturity.

Meaning before this fund end, let's say the unit price is RM 1.00 and guaranteed price is RM 1.20. I can top up before it ends and enjoy the RM 1.20 guaranteed unit price.

I'm not sure how true is this. Anyone can confirm?

Anyway, I have a recording and whatsapp message with the agent as backup.
If it is not what he explained to me, I will need to ask for a full refund.

what if after many years the agent had resigned or have changed the hp number?
will the WhatsApp be legal standing or the policy mentioned details will be legally binding?

Hla just screw me with reducing their grr by 70%

mind sharing how did they do that?

Send you a notice. It’s small clause

just to bump for those who might interested to buy/invest/subscribe
5 word

dont even think about it

even with guaranteed price upon maturity
i lose about 10% of my capital

i was young... haiz..

it is not purely the funds right? it is tied to some insurance benefits and maturity benefits right?

Partly it is sorta like insurance but afaiRemember, the agent told me 99% of the money invested are for the fund (this the main reason I'm interested "invest" with them, wanted to diversify, before knowing fsm. Damn I was young and naive back then)

While
With guarantee, higher than as of current price for the fund
As of now, guarantee at around rn1.45 while the current price for the fund is around 0.84
Wow.. >50% of current price.. should be profitable.

But

Even so, due to their "fees", I'm still at >10% loss.

My DIY fsm portfolio lose not more than 1.9% and this is during the uproar of trade war.

Oh ya, and the agent told me the period is for 3 years but luckily I keep track and upon checking, it is for 25 years!! Yes I am dumb for not checking before signing but luckily I kept evidence that I wanted only 3 years and that agent promises it is only for 3 years.

So after some huha, finally manags to keep it at 3 years.

So for those who are interested, please think thrice.

This post has been edited by xcxa23: Jul 8 2019, 08:40 AM

That's why i never trust those dogs. I am based in Singapore right now. I told one of the agents that I may not even be in Singapore next year. He still ask me to buy saying that I can still deposit into the fund from Malaysia. Those dogs really deserve to go to hell .