hi sifu, just want to recheck, my agent got say its net.
example, if that year get 8% roi, we get fully 8%.

or is it 8% - 4.5% ?
thanks.

cos i see FD also around 2.5-3.5% nowdays...
any thoughts?
got a FD matured in july.
thanks in advance

so far... this is the reply.

[10:34, 12/06/2020] The service fee is taken from the returns earn before the payout of ur interest.
[10:35, 12/06/2020] The amount stated in the deed is the interest u earn.
[10:46, 12/06/2020] If u r wondering y the company can earn so high interest? It is because trust companies r not banks. The cashflow turn over in banks are very fast as compared to trust funds. Trust funds whether in aseets or cash are created as legacies for the family or for future generations or the protection of wealth. All assets and cash are kept and managed for 1 or 2 more generations. The trust act started in 1949. So the assets and cash has been kept since then. Whether by UBB Amanah or other trust companies. 2ndly trusts companies illiminate the middle men which is the banks. Which is why thus far trusts funds have only been available to high net worth people like bill Gates and Jho Low for example.

so i think, they earn more than x% then after minus fee. then they give us 7.5% 1st year, 8% 2nd year. mine is the crisis funds type, got another normal type plan.

when i go back Pg, i will ask him f2f loh. now thru whatsapp nia.