UBB crisis trust is no longer available. The min if I'm not mistaken offered during PKPP is RM30K.
UBB amanah cash trust minimum is RM60K. We offer to client not because of return. But only for the purpose of estate planning. In term of death event, this vehicle can cash out within 2 weeks. Early this year I saw my client get dividend around 5.5%. We not propose this for investment. However, it is very useful for estate planning because this one will not be frozen once passed away. I believe because under Trust Act. This one also can passed out to beneficiaries too.
Ubb CASH TRUST 3 years nett 6-8% pa anyone?, UBB Amanah Bhd
Nov 9 2020, 03:25 PM
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