Guys, I went to Public Bank today. A lady approached me, saying she had a very attractive savings plan to offer. I said, “Okay, let’s hear it.”

We sat down and she showed me this (refer to the image I uploaded)， she said this plan is called PUBLIC BANK GLOBAL TECHNOLOGY & HEALTHCARE FUND
Basically, if I place RM100,000, I’ll get RM116,883 in return — which means I earn about RM16,883 in interest each time.

Sounds pretty good, but I’d love to hear your thoughts. Has anyone tried this before? Is it really worth it? Any advice?

projected return or guarantee return?

Projected return confirm. If guarantee return they only dare put 3%.

i sus it's projected... lol..
projected can be anything la..y not put 50%

summore financial year up to 2022 only...lmao..where is the latest data?

This post has been edited by sunami: Apr 21 2025, 04:50 PM

16% return?

Read the first page. You will know what to ask.
https://forum.lowyat.net/topic/4193169

the graph mcm turun je LOL

In this volatile time. Careful.

This is a mutual fund or unit trust.

No such thing as guaranteed return.

Go learn about risks first. There is a risk of capital loss in this fund.

The lady is just an agent out to get commissions.

not always untung

The fact that she sell unit trust as saving plan already a red flag.

If 2000's public mutual one of the convenient ways to invest overseas. However in this day and age you can invest directly using Moomoo and bypass middleman

Public mutual can follow public bank to follow the way of the dinosaurs

go up like what? Whole world drop shxx in tech....
you may come back to her when 90days tariff is near end...

mostly in US stock, top 1 is apple and no.2 is Nvdia, both has drop a lot in recent months, if u buy really rugi gao gao

Not that easy bro. Agent fees itself is already 5% to 5.5%. And being a Unit Trust investment, it is sure to have ups and downs, and that 16% is projected on a good year. On a bad year, it can also be -16% or more.

Trust me, run!!!

public bank famous for this, when you go deposit then will persuade you go invest in them..

my relatives and friend kena, have to use connections to get back those money.. (as he still thought it is saving..)

No. No to bank or mutual funds or insurance. If I can turn back time. Won’t even buy whole life insurance. Buy term life only.

Invest sendiri.

This post has been edited by cempedaklife: Apr 22 2025, 06:42 AM

I am a public bank big customer also not recommending this

The money u invest , small portion only for FD while mainly it’s for unit trust, in volatile time like this u will to lose 90% of the money

No such thing as 11% confirm returned
Unless it’s money game

Lol JPMorgan tech fund projected return 20%.

Actual average since fund started about 10%

Show me shares that going up without going down