Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Ubb Trustfund covid19 6.5%

views
     
cloudy_eye
post Jun 15 2020, 12:37 PM

New Member
*
Newbie
37 posts

Joined: Feb 2019


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.
cloudy_eye
post Jun 15 2020, 02:48 PM

New Member
*
Newbie
37 posts

Joined: Feb 2019


QUOTE(T231H @ Jun 15 2020, 12:39 PM)
you have been 2 yrs with them....what is the actual return per annum?
the rate is MINUS all other fees?
*
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
cloudy_eye
post Jun 15 2020, 06:01 PM

New Member
*
Newbie
37 posts

Joined: Feb 2019


QUOTE(T231H @ Jun 15 2020, 02:53 PM)
thumbsup.gif 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  thumbup.gif
*
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.


cloudy_eye
post Jun 17 2020, 10:06 AM

New Member
*
Newbie
37 posts

Joined: Feb 2019


QUOTE(T231H @ Jun 15 2020, 06:04 PM)
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.
*
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
cloudy_eye
post Jun 17 2020, 01:02 PM

New Member
*
Newbie
37 posts

Joined: Feb 2019


QUOTE(T231H @ Jun 17 2020, 10:10 AM)
thumbsup.gif 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??  notworthy.gif
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.  notworthy.gif
*
sure will, ill get it updated in sept. once i receive my money back haha
cloudy_eye
post Nov 3 2020, 09:46 AM

New Member
*
Newbie
37 posts

Joined: Feb 2019


Haha, Ok this company had returned back my funds, I place in cash trust on 2017,

I recently renewed another term with them, but for this time the return is only 5-7% (last time was 6-8%)

I think since im not using the monies anytime soon, i just renew and see for another term how their performance,

on my side, i find this trust account is legit la.

only i dont know why people never heard about this company, i also know from the agent that sells me my insurance.

Satisfied customer <3

 

Change to:
| Lo-Fi Version
0.0220sec    0.88    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 03:04 AM