Fund Investment Corner, Please share anything about Fund.
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 Nov 5 2007, 08:49 PM
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#1
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Senior Member
4,256 posts Joined: Jan 2005 
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a friend told me to invest in PM and its better to park my money here rather than putting in EPF because of low interest rate.
I told him that im not interested if my principal can shrink. according to him , my principal is safe meaning if i deposit rm 10K , after 5 years i can still withdraw out 10K with high interest rate. is that so? is this a bullet-proof investment just as EPF ? |
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Nov 5 2007, 08:55 PM
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#2
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Senior Member
4,256 posts Joined: Jan 2005
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QUOTE(David83 @ Oct 26 2007, 11:05 PM) ASEQ Capital Guaranteed NOT a Quaranteed RETURN at all. Last time , I was sweet talk by Maybank to buy their unit trust and in the end, my principal shrink according to market rate. Now they are seeking funds without any guaranteed return but a pure ESTIMATION or FORECAST.ASEQ Capital Guaranteed is a short-term, single premium investment-linked plan which offers full protection of your capital at maturity, with attractive projected returns in 3 years 11 months. ASEQ Capital Guaranteed provides you with a dynamic, capital guaranteed investment-linked plan with potential returns of 6.7%* per annum through investment in the highest ranked Asian equities. The projected returns are based on backtesting and the results will vary depending on the period of backtesting chosen. *Estimated based on the average 3-years, 11-month rolling returns the year 2000. The potential returns shall depend on the dynamic allocation to the Index throughout the invested period Features 1. 100% Capital Guaranteed 2. Uncapped Potential Returns* 3. Dynamic Investment Allocation Strategy 4. Highest ranked Asian Equities 5. Managed Index 6. Value-added Protection Eligibility Individuals aged between 18 and 70 are eligible to take advantage of ASEQ Capital Guaranteed. The minimum single contribution amount is RM15,000. Any higher single contribution amount will be in multiples of RM1,000. URL: http://www.maybank2u.com.my/consumer/onlin...ices/aseq.shtml  Added on November 5, 2007, 8:58 pm QUOTE(tookinen @ Nov 5 2007, 08:55 PM) read more on unit trust dude. thanks, a lot . i should have known. nothing is safer than parking your retirement fund in EPF for now.normally unit trust don't have capital protected unless stated so. and unit trust u will make a loss at the beginning ard 6.5%. Then from there it'll based on the fund's performance, which means there's a risk of you losing money in unit trust  This post has been edited by hackwire: Nov 5 2007, 08:58 PM |
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Nov 5 2007, 09:04 PM
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#3
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Senior Member
4,256 posts Joined: Jan 2005
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QUOTE(David83 @ Nov 5 2007, 09:00 PM) Maybank is not a very strong player in UT. Perhaps you may want to consider funds from OSK-UOB, CIMB or saving funds from insurance company like Great Eastern, ING and etc. thanks buddy, i will have a look at it, for the mean time i still stick with EPF until something is 30-50 percent better than it. |
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