Any comments ? Low entry .. i am thinking of it ...

What's this? On one hand this looks like a family trust structured product + unit trust? Or it is just family trust setup?

even thought is has lower entry amount,......do check out the annual fees to be charged per annum

https://www.ubbamanah.com/crisis-trust

https://www.ubbamanah.com/cash-trust

and do take note of the word "Projected" as in Projected Profit share"...thus is just a projected number

This post has been edited by MUM: Jul 24 2020, 01:03 AM


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6.5? Where does it say and how they forecast?

Wow, thanks for the headsup, I almost called them.

Wow thank you for pointing that out, really appreciated. I will check about this too and share for any update

Sorry guys the there was a ss here before but i want to take it down . my fren dont need the conflict.

This what the agent said.. what do you guys think ? legit or not ?

This post has been edited by curmbox: May 7 2020, 11:23 AM

ask why it is not stated in the website?
will this 6.5% be in the agreement?
whp will be responsible if the 6.5% is not being given?
how to seek justice if this 6.5% is not being given?

btw, how much is theannual feees per year?

( they can gives 20% pa,...but charges you 19% pa annual fees too) ha-ha.

For UBB trust, they use cash and not unit trust. the only thing I dont understand as well is, how they guarantee 6.5% p.a interest when they also charge you 4.5%?

Everything need to be B&W, only can be trusted.

I didn't get a straight answer.

anyways after my due diligence i have decided to not pursue this. I have talked to a few financial advisers who share the same sentiment as alot of you bros here

Thank you for sharing . Please dont pursue this based on my posting.

I need to take down this ss as the agent is someone my fren know personally and dont want to conflict .

This post has been edited by curmbox: May 7 2020, 11:24 AM

then would it be better for you to "close" this thread?

I'd rather stick to government controlled banks during the era of CCP and world oil price crisis.

places cash trust in 2017 now expiring on september, for 2 years receive what they promised me. kalau tak dpat duit aku balik memang aku bising lah. now thinking of renew but now cash trust rate drop d.

This crisis trust not sure yet. cukup duit nak try cuz 2 years only and 10k onli mah. cash trust 60k.

you have been 2 yrs with them....what is the actual return per annum?
the rate is MINUS all other fees?



This post has been edited by T231H: Jun 15 2020, 12:41 PM

cash trust 1st year 7% 2 year 7% and final year i receive my capital plus final year 7%, so far so good la.

only crisis trust havent tried cus MCO NO MONEY ALL SPEND D.

now waiting september to receive my capital. i read the agreement the penalty quite mahal about 10% from capital.

btw the 7% they gave me said to be nett off all fees.

i dont complain much as they held up their promise toughout the years w them.

will give an update when i receive my capital back in sept

This post has been edited by cloudy_eye: Jun 15 2020, 02:49 PM

at that rate, if you continue with this 3 yrs tenure things for another 2 cycles,.....3 yrs + 3 yrs...you can double your money liao

True, for my cash trust account i want to continue, just let it sit as emergency funds there.

altough the penalty damn high. i think its okay since the trustee fee is not affecting me if i complete the whole tenure.

only early termination will cut my throat..

for what its worth, talking from experience. i think they are doing good throughout the years.. only now people started to notice them.

Use that to store emergency fund?... You mentioned high premature penalty....

I think more will turn to that if they are more open in publishing the real return n any hidden fees...
Currently they mostly mention abt %of yield.... Then it display the annual charges.... Did not mention abt whether the displayed yield is before or after the mgmt fees.

This post has been edited by T231H: Jun 15 2020, 06:08 PM

memang emergency fund, but not for me, for my family if i mati katak.

rather than wait for my wasiat which might cause dispute later among siblings. also to give my family also no need to hire a lawyer. sometimes wasiat process can take superduper long.

for my own use of emergency fund i put in bank la senang nak keluarkan.

This post has been edited by cloudy_eye: Jun 17 2020, 10:06 AM