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.

just remember to let them know of your money in the trust fund....

also, do update us on the status of your money in Sept, (upon maturity)....will you?? 
like example, how long it takes to get the money back, any other charges incured and the total returns for this 2 yrs tenure trust fund deposits. 

Hi, thank you for your interest and enquiry.

1) How much guaranteed returns per annum for this one?
- This is a government bond investment, and no company regulated by BNM can give you a “guaranteed” return for this investment. However, based on the track record, investors had been honoured with returns averaging from 5% and above. Government bond investment is not as volatile as stock market so I cannot tell you the returns are “guaranteed” but it is stable and had shown that it’s going the right direction.

2) How much annual fees for this one?
- There is no annual fee for this investment. The only charge applied is a one time 3.75% for administration and commission charges. There is absolutely no other hidden fee, ..............
3) Is there sales charges for this one?
- As mentioned above, other than the one time 3.75% charges, there is absolutely no other charges. You will also get extra tax exemption of up to RM 1000 yearly.

................
Regards,
Kong

thanks for providing the above inputs...
thus SC of 3.75% is about 0.75% pa over 5 yrs....(3.75/5=0.75)

5% pa - 0.75% = 4.25% pa of possible returns

btw, what is the extra tax exemption of RM1000 yearly from/for/how?

You’re most welcome. The tax exemption is for you or anyone that is still paying income tax yearly. It works just like life insurance product, because you’re actually getting a product licensed by insurance company. And PIDM protection for investment is up to RM 500k, whereas life insurance product only up to RM 250k.

Note: The 5% is only a projected return, because I’m not here to convince you or anyone that this is the best investment, we have honoured higher return but it’s always depending on the performance of the market. In this case, our government bond had shown really strong ability in competing, because of the fantastic job they did to contain the pandemic. I, myself is a very conservative investor, and I take every investors’ money very seriously because it’s all our blood and sweat money. 💪

I bought the cash trust 2 years ago and already had my return 7% for both years. This year they are giving 6% according to my agent as the worldwide economy had fallen. I would say pretty good compared with the FD interest rate at 1.5-1.8%

The annual fee can ignore as the return they give you is already net of all fees.

So far the trust deed there already mentioned a minimum 6-8% return. I feel its pretty safe la. I had bought another education trust from them as well and renewed mine, also around 7% return annually.

If anyone interested to know more, can PM me. I can recommend my service agent as he is pretty good.

wow good for you....
you mentioned that the returns is net of annual fees ....how many % is the annual fees?
how long is your UBB cash trust contracted terms of deposit duration?

Yeah , it is governed by trust act which are under Bank negara malaysia . Inside the trust deed there got mention about what kind of things or fund they can invest in which are needed to approve by MOF or BNM.

annual fee if not wrong is 3.5% , but my agent tell you can ignore that as the return you get is net of all fees meaning the 6-8% return they write inside the trust deed is already minus of the management fee or annual fee they call it.

for the cash trust is 36 months which is 3 years. Going matured in October next month, which I intend to renew cause now the FD so low, can just treat this trust fund as an FD.

My previous one education trust also from same agent and UBB already matured and got all my 3 years return and capital. But after that I put in again cause the dissapointing FD rate. Should have just renew then can save some admin cost and stamp duty fee haha.

This UBB trust fund is stable? Banks have PIDM. What about this?

PIDM only guarantee for FD at max rm250k max for FD

So the rest still need to invest 

Was mentioned in fd tread...
Go for both Islamic and conventional one of the same bank if can... Then the pidm protection will be 250k x 2.
Do that for other banks too... Then the pidm coverage will be alot of millions...

Only stupid ppl would do that as it make that person even poorer     

Why would seeking pidm protection is stupid?
Your earlier post mentioned pidm is for 250k only...
One can increase pidm amount by doing that...
What other way can increase pidm protection amount and not stupid?

Basically if you study economics and finance PIDM is for stupid ppl to lose their money through inflation and make banks and insurance richer 

There’s are so many to protect your wealth and yet make money at the same time which you need to learn and read more instead of just asking only 

This UBB trust fund is stable? Banks have PIDM. What about this?

PIDM only guarantee for FD at max rm250k max for FD

So the rest still need to invest