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 Ubb CASH TRUST 3 years nett 6-8% pa anyone?, UBB Amanah Bhd

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buffa
post Aug 19 2023, 09:42 AM

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I see, so this is the 'thing' my mum keep asking me to join few days ago.

Someone introduced this to her 3 years ago, and she has been receiving the 'projected return 10%' every 3 or 6 month.

I think she just renewed for another 3 years.

For my risk appetite, 10% return is too good to be truth. Our KWSP should learn from this smart company. whistling.gif
buffa
post Oct 18 2024, 11:01 AM

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458 posts

Joined: Mar 2005
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QUOTE(togekiss @ Oct 18 2024, 09:38 AM)
so it is really a ponzi scheme? any official statements from any regulatory body?
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I buy share from that company, because I can see how they earn money. They disclose their account, I saw their product etc.

What this UBB do other than give you interest 8% pa?
buffa
post Jul 24 2025, 11:15 AM

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458 posts

Joined: Mar 2005
From: home
QUOTE(Azamat_Bagatov @ Jul 24 2025, 11:06 AM)
not govern by bank negara right?
how is it safe?
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I think no safe, only because it hasnt exploded yet.

Other ppl think safe because they get the interest/dividend before.

If it is indeed legit, I lost out the possible dividend.
If it is not legit, other might lose the principal minus interest/dividend they received before.
Ppl have to decide themselves.

This post has been edited by buffa: Jul 24 2025, 11:16 AM

 

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