RM told me about this Callable Islamic Range Accrual (CIRA)

Capital guaranteed if hold 5 years
Get 5.5% as long as Klibor doesnt shoot beyond limit
Paid 3 monthly
Min RM65k only
Closing date Friday 24.6.22

Good deal if Klibor unlikely to shoot beyond those limits
What do you think?

since it seems past many yrs  Klibor never exceed 4 %
like a good bet it seems.

3 more Central bank meetings this year, she confidently said total increase OPR max 0.25 each time, max 0.75,
so max OPR can go this year is 2.75, 
Klibor likely 3.1-3.2 still within limits

She made further prediction next year also OPR would increase little 0.2 max x 3= 0.6
--->OPR3.36, 
Klibor  3.7,
i may lose  1 quarter interest in May 2023,
in July  New Klibor limit 4.05 sets in, again i should get  paid 5.5%

then CIMB cant tahan paying 5.5%, likely call back

Ismail Sabri dared not increase OPR too much, rakyat suffering, loan expensive business  will collapse

she sounded so confident i hantam lah. ggod thing about this is i collect interest 3 monthly
and it is prorated from Central bank meeting date, calculated  daily basis

yeah  5yrs is long,  we take risk  everyday, but wont die lah this one
Any idea why her graph showed past 15 yrs Klibor not  reaching 5%?no inflation kah ?
US OPR not high meh those years?
my typo mistake, she was quite meticulous and thorough
i have other RMs so pushy i avoided out right
this one good, can see one.
even  lend me RM20k today for my shortfall miscalculating  KDI withdrawals..

end of day she make hers, i want to make mine, same same.
dont understand  your 5yrs time---worth 20% of  RM500k meaning?can depreciate RM100 k, so much?

hi any views regarding this investment product given that market view now is there will be multiple rate cuts in the coming 1-2 years meaning klibor shld drop too hence chances of hitting above the mark set will be slimmer and bank will be a loser if keep issuing this product? so does this mean bank is likely to call n stop the product ?  unless usa inflation bak again n rate continue hike then buyer of such products will lose..thanks..

current klibor 3.59
upper limit if only 4.0 is too close for comfort
my CIRA was better upper limit  higher
but you cant win the bank
My CIRA called back already..sigh..

yet RM kept bombarding me with their new tranches.
the rate is getting lower and lower, but klibor upper limit remain.

bro you are too fixated in your own investment
till all others have become nonsense now..
i guess deep inside you wonder why so stupid
people  put money in FD, ASM, EPF ...

can see for you only targeted return matters
other things not important people's risk tolerance etc
if not........you wont say
why go  buy bank capital guaranteed product might as well follow me go buy bank shares

2 years has passed.
If bought MLT and FLT at the time as your suggestion.
This structured product currently has a better return at the moment.

MLT was around 1.6x at time your posting
FLT was around 1.3x
Even collected 2 years dividend of MLT and FLT + SGD appreciation from 3.20 to current 3.48.
Both investment on MLT and FLT are losing out to a 11% of capital protected product.
MLT current price around 1.30
FLT around 0.95
Not mean to criticise, it was indeed a good suggestion based on interest rate environment at that time.
But things have changed due to interest rate hike afterwards.

From 2 years ago, suggestion changed from reit to bank shares....just indicated things can change over the time, due to unpredicted issues.

Fundamentally, there is no definitely right or wrong in investment.
Don't need to belittle other product, every product has its own merit and con, and serve different market segment needs and individual risk appetite. 
This product is never a competitor to equities investment to start with, but a tool hedging on for die hard FD ers.

That's why we won't go to FD thread to say FD is worst, little return, eaten by inflation etc, should investing in xyz for better return, because FD has its purpose even it has the worst return.
Same with EPF, and many other products, you don't go to every thread to say ABC banks shares investment is bestest, others are nonsense. Because every product has its own purpose and intend and serve different individual needs.

We can't chase every penny out there. Even abc is the alpha investment, we also need to park some money in FD that has poor return. We can't say put in FD is silly as we don't know how future is unfolding.
Also, asset diversification may needed by some as their financial management and FD, structured product even insurance may part of their financial management.

bro
i dont think you get the message.

if you cant see it by now
here , dont go to every other thread patronizing others
the superiority of your method.
That's why we won't go to FD thread to say FD is worst, little return, eaten by inflation etc, should investing in xyz for better return, because FD has its purpose even it has the worst return.
Same with EPF, and many other products, you don't go to every thread to say ABC banks shares investment is bestest, others are nonsense. Because every product has its own purpose and intend and serve different individual needs.

you must remember no matter how much homework you did
you cant be sure  that  must be right
so take a step back and
start to realise others have their own ways
not everyone must follow your method
in fact many have gone far  beyond  your stage of earning

FD ASM EPF etc is here to stay
no matter how sad you be

point is
if you have not over-stepped your boundary
why would cheroy lecture you above?
and liked by  many others.