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

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ikki9394
post Jul 24 2023, 12:54 AM

NexT
****
Senior Member
582 posts

Joined: Jan 2009
From: Inside a green basket


QUOTE(Evertraveler @ Jul 10 2023, 01:09 AM)
Just received new cash trust program from UBB. Projected return is 9-11%. Got pay every 3 months. Should I join?
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I think u are referring to this?

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Any1 any thoughts?
ikki9394
post Jul 26 2023, 12:35 AM

NexT
****
Senior Member
582 posts

Joined: Jan 2009
From: Inside a green basket


QUOTE(MUM @ Jul 24 2023, 06:01 AM)
Previously for their other trust scheme, it did state the "annual fees" amount.
The returns of this this current scheme is said to be 9-11%,  IF,  PLUS Annual fees of 4.5%, ...then for this current trust scheme, the company will hv to make a return of about 13.5% - 15.5%pa for money deposited.
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I don't know but by searching the company name there are some red flags here and there since 2018. However I don't see any actual reported scam made official. It's really a dilemma.

 

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