Maybank Alpha Centurion

Introducing Maybank Alpha Centurion, an all weather opportunity structured deposit that provides 100% capital protection via Floating Rate Negotiable Instruments of Deposit (FRNID) and potentially higher returns on your deposits even when you are uncertain about the market directions and apprehensive about its movements. With short tenure choices of 2 or 3 years, this unique opportunity lets you seize the potentials from the 100 largest companies listed in Europe.

URL: http://www.maybank2u.com.my/business/treas...centurion.shtml

URL: http://www.maybank2u.com.my/business/treas...ion/index.shtml

The prospects for Shariah-compliant growth and dividend stocks listed on Bursa Malaysia are bright as the broad base of the Malaysian economy offers vast opportunities for these two different types of companies to thrive in. In general, growth companies tend to be in the technology, construction, manufacturing and resource-based sectors while dividend stocks tend to be in the consumer, utilities, banks and services sectors. Over the years, these sectors have benefited from the sustained growth of the Malaysian economy and should continue to be supported by the country's healthy economic prospects in the years ahead. After growing by 6.3% in 2007, the Malaysian economy is projected to grow by 5-6% in 2008 supported by resilient performance in the services, agriculture and construction sectors.

Prospects for Growth Stocks

The property sector is poised to perform well in the medium-to long-term supported by the liberalisation of foreign restrictions on property ownership and the removal of Real Property Gains Tax effective 1 April 2007. In addition, demand for residential properties is also expected to increase following the incentives unveiled in the Budget 2008 such as stamp duty waivers and allowing EPF contributors to make monthly withdrawals from their EPF accounts to repay their housing loans.

Prefer to promote this kind of Shariah Compliant funds :-)

haha...anyone intersted in this product??
this product is good for those who want to see the return in shorter period..
the returns is better than FD rates....

Slightly more only if condition is favourable.

But condition is not favourable then get zero return.

A typical capital guaranteed fund.

Actually one can't expect too much from capital guaranteed fund as mostly 85-90% of the fund money is tied to capital guaranteed instrument, only less than 15-10% is exposed to the market risk, mostly they use the money to buy options.

Public Bank offers gold investment account

KUALA LUMPUR: Public Bank Bhd has launched a new investment product, Gold Investment Account, that allows customers to purchase the purest available gold commodity in 99.99% fineness at daily prices in ringgit per gram.

Managing director Datuk Seri Tay Ah Lek said in a statement the launch of the product was in line with the recent rise in gold demand and to provide an alternative investment product for customers who wished to earn potentially higher returns.

"The account provides customers with the convenience of investing in gold without the hassle of keeping physical gold, as trading is carried out through a passbook," he said.

Tay said the initial gold purchase quantity to open an account was 20g and subsequent minimum trading would be 5g and in multiples of 1g.

He said the account would not pay interest and the bank would keep the gold with an authorised custodian bank.

Tay said the bank would make available the physical gold in denominations of 100g, 500g and 1,000g should the customer required physical withdrawal of gold.

"A minimum 2g of gold are to be maintained by the customer to ensure the account remains active," he said. - Bernama

URL: http://biz.thestar.com.my/news/story.asp?f...97&sec=business

Interesting, given that dealing with gold is more like speculating rather than investing. Given recent events which has driven gold to high prices, I wonder if this is a good time to go in. Still, this is giving the average person an 'investment' opportunity they normally wouldn't have. So I might talk to someone next time I go to the bank, and maybe buy a gram or two. Or does this need to go thru an agent?

Dun think you need an agent as this is PB product...you should find the bank officer there.

To start off, you have to buy 20g Gold 1st....

abit out of topic....mmmm if the so called commodities super-cycle is here, I think ppl can diversify into this abit? 20gram of RM95 is <2k i think...price quoted from pbebank.com

Yeah, I suspected they are not going to let me buy just one gram or two...

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Added on April 22, 2008, 9:02 pmInteresting point about commodities, though I think the super-cycle applies more to certains commodities, particularly grains (ie food) and oil and maybe some metals like iron ore. Gold, as I read from some websites is actually in plentiful supply, and its price is determined more by sentiment.

About the price, which pbebank.com page did you get the numbers from?

From other webpages, the price is is MYR2883/ounce
= MYR2883/28.35g
= MYR2033 per 20g

This post has been edited by howszat: Apr 22 2008, 09:02 PM

Gold is more for the very long term, and we might be talking in terms of generations, as with our grandparents' days. Gold is still a commodity, and like any types of commodities, it will boil down to the supply chain in the end. Demand for gold is high now, but we should consider the demand for it in the future.
It is an interesting commodity to invest in to hedge against inflation, but if the demand slows in the future, so would the price for it.
Gold is a luxury item, it is not a need. So as mentioned by howszat, it will lose out to other commodities that are much sought after.
So, we should really consider these factors before making the investment.
Anyway, this thread is for the discussion of fund related issues, so I shouldn't comment too much on this gold

Hi,

Anyone have info on REIT? I hope to learn more about investment on REIT.

How could we inest in REIT? Thru some fund managers? I saw Quill Capita Trust is performing good, how to invest on it?

There is a thread on REITs in Stock Exchange.
This is only for unit trust discussions

got other agent also from Apex Investment. They can sell many other Award winning fund from various company

anyone know what's the distribution per unit for PIDF and PIADF?

NEED HELP FROM ANYONE WHO KNOWS ABOUT CIMB WEALTH ADVISORS

I recently signed up for th DALI equity fund. I started with 10k. My confirmation statement has arrived, and here's what it stated:

CIMB ISLAMIC DALI EQUITY GROWTH FUND
Gross Amount (RM) 5,000.00 / Charges (%) 0.00 / Charges (RM) 305.16 / Net Amount 4694.84 / Unit Price (RM) 1.0398 / Units Credited 4,525.14 / Balance of Units 4,515.14


CIMB ISLAMIC DALI EQUITY THEME FUND
Gross Amount (RM) 5,000.00 / Charges (%) 0.00 / Charges (RM) 305.16 / Net Amount 4694.84 / Unit Price (RM) 0.2549 / Units Credited 18,418.36 / Balance of Units 18,418.36



How come in the Charges (%) it says 0.00 but in RM it states 305.16???
What is the difference between growth fund and theme fund?
I only agreed to purchase the RM0.2549 units. Why did my (what do I call the agent?) signed me up for two separate funds???
Is there any negative or positive effects to all this? Help!!!

This post has been edited by shikuzika: Apr 30 2008, 12:31 PM

Only 2 reasons, either you send the wrong message to your agent, or agent did it without your permission (in other word being conned or the agent trying to be clever).

If you stated you want to buy ABC fund then they cannot buy ABCD fund for you. As simple as that as it is your money, you decide whatever you want.

Theme and Growth is the name of the fund, which is separated and individual. You need to look at their propspectus to look for the differentiate. May be one is more aggressive, one is more conservative, I don't know about it since didn't do the research on it nor look at it before.

being conned or the agent trying to be clever - This is exactly what I thought.
And it was all very unprofessional. They even spelled my name wrong!!! I looked at the website, still no clear explanations between the two funds. I think I'm going to call the care line and find out what's happening... Haih, these people, really taking advantage of amateurs like me...

Usually growth fund is more aggressive because it invest in companies that are "growing". i.e. either new listed companies or those that had plans for expansion (new projects etc...).
Theme fund however not sure.

Anyway, phone up your agent and ask for his/her explanation on the statement; and why this 2 categories?

Usually for new fund, there is a cooling off period that you can withdraw if you change your mind ie. cancel your purchased.
I don't know much about the cooling off precedure, never done it before. So better ask your agent. I don't think he/she wants to help you on this either. As it will mean no sales for him/her.

This post has been edited by cherroy: Apr 30 2008, 02:18 PM

The best thing is to get the clarification from your agent. If it is true that the agent made the mistake/buy other funds without your permission, you can file a complaint to CIMB or directly to the FMUTM.


For cooling off period...usually it is only available to those 1st time investor in that particular investment bank/company. But there is certain day for you to exercise this right...

for example, for PMutual, it is 6 business days from the day of submission...if still within this 6-days, you can ask for full refund without charges....if after the 6-days, u cannot exercise this right & will have to sell-off your units & lose out in the service charged paid as well as lost incurred through daily trading that affects the price.

for CIMB i'm not too sure wat is their cooling-period, so u might wan to check it out

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Added on April 30, 2008, 2:24 pmDECLARATION OF DISTRIBUTION FOR FINANCIAL YEAR-ENDING 30TH APRIL 2008



PIDF 2.00 sen/unit
PFEBF 1.75 sen/unit
PIADF 0.40 sen/unit


This post has been edited by kingkong81: Apr 30 2008, 02:24 PM