Would like to know anyone have used them and their experience dealing with them. Is there minimum amount of capital for using them?

   

Thanks for the reply, btw how can I file a complain against my CIMB banker for not following clients instructions for liquidating the fund (Called and met numerous occasions, when NAV was around 80 cents). He blames AHAM instead. any advice ?

Below paragraph extracted from AHAMs PRODUCT HIGHLIGHT SHEET for AHAM Single Bond Series 4 (Formerly known as Affin Hwang Single Bond Series 4):

"5. What are the possible outcomes of my investment?
This Fund is a wholesale bond fund that invests primarily in a single-credit bond. The performance of the Fund would be
dependent on the bond that the Fund invests in. The Fund’s performance is reliant on the Manager’s expertise in managing
the Fund to meet its objective.

Unlike fixed deposits which generally provide a guarantee on capital invested and carry specific rate of return, the Fund’s
investment into the bond does not provide a guarantee on capital contributed nor does it guarantee a fixed rate
of return."

The Fund endeavours to distribute income, if any, on an annual basis. However, the amount of income available for
distribution may fluctuate from year to year.

Document source link: https://aham.com.my/invest-with-us/list-of-...tails?q=SBS4HCF

Different from what our CIMB's bank manager says regarding on capital guarantee.

Given only the below document, but did not disclose AHAM's side on capital not guaranteed as stated in it's PRODUCT HIGHLIGHTS SHEET for AHAM Single Bond Series 4 (Formerly known as Affin Hwang Single Bond Series 4)

Alerting forum members whose friends or relative that has purchased AHAM SINGLE BOND SERIES 2 AND 4 through CIMB to kindly leave a contact info, we are forming a WhatsApp group to keep each other updates relating to this recent bond write off to zero. Thanks.

It' a bond and purchase through CIMB Bank Malaysia and its bank manager guarantees customers that the principal is guaranteed. Unless if CIMB bank manager has follow proper procedures in selling (letting know customers that the bond can be written down to zero) than we might have second taught. Is misselling here that what Im trying to say as we are victims to the CIMB bank manager, and CIMB Malaysia must be responsible towards it's customers.