Bro, no offence seriously, but after a few days of observing, you seem more and more suspicious. I am also an investor, and as a lot of other members here, but we do not seem as excited as you are hearing what our agents promote. Your joining date is July 2008, which indicated that you just joined this forum out of nowhere. A new member coming in and expressing so much excitement is kind of funny, isn't it?
I may be wrong though, but you seem to be more of an agent than an "investor". I think the trick is to promote the plan using an "investor" perspective. I was thought this kind of "act" when I was in MLM though, so you can't blame me when i feel something fishy is going on around here
Anyway, I could be wrong. My intention is just to share what I know so that other members here are aware and do not fall into this kind of "trick", so please do not flame me.

Any insurance plan comes with a promise of 25% return a year would surely go against (DGI ) Bank Negara Malaysia's
guidelines. No insurance company would want to go against the guidelines. Correct me if I am wrong.

25% is capital to be returned, and not profit from investments, I believe.

For any insurance plan, the projection is below 9% for industry standard, higher than that would mislead the public.

Any reasonable Financial Planner would understand this.


just my 2sen opinion.

This post has been edited by SKY 1809: Jul 15 2008, 09:59 AM

well Jordy, it's true that i just joined this forum around this month, but as i wasn't promoting what i am investing just sharing with ppl over here to give an advice and opinion as investors like you and I, investing hard earned money into some scam or some MLM thing would be stupid as there is no return from that unless you gonna work like that by spreading the network like all MLM always do. But with black and white signed with HLA would bound them in law to do what they have promise in the agreement. As to really find out whether this is a scam or whatsoever, the best way for you guys is to call any agent from HLA to meet them and ask them to explain such a plan, as i guess any HLA agent would be more happier to entertain you. As there is no harm for investors like us, that would be unrasional to let go such a chance to invest, as like what chinese always says "good chance goes begging". Go find out yourself then only start to think whether is this a scam, investigate more, do some homework like we always do before investing agree?

From your previous posts, you seem to be SO eager and sure about this plan, so why still need our opinion?
Since you already have the black and white from HLA, why still think this is a scam?
So now you are so excited about it, would you stop thinking about it IF we tell you it's a scam or just a marketing gimmick?
We have posted all our opinion in our previous posts, but you can't seem to accept the fact.
I am not against you, the plan or the company, but what I am saying is that you should do what your heart tells you to do.
You DO NOT have to come and look for opinion when you ALREADY are so confident with it, agree?

sorry if i did give you such a impression Jordy, as i sincerely apologise.

Please accept my apology.

You have done nothing wrong. I am just saying that if you can't accept what others say, do not ask for opinion in the first place.
There is no use when people give you useful feedback, but you argued by saying "heaven and hell" about the plan.
That is why I am making it clear here that if you are SO confident already, then invest and get your "guaranteed" 25% interest.

insaint,
It is for sure not a scam, no one said it is a scam either, just it is an insurance plan and this insurance plan is not something hu-ha or something very good until irresistable.

Basically, leekk8 has explained it quite detail, (the 25% return is return back your capital, not a pure return) the 10 years insurance plan return is comparable to FD while you get some extra protection for insurance part. That's all.

Don't get me wrong, we don't say it is not good, it might suit to someone who need it, but it is just a normal insurance plan with some extra benefits. That's all.

But on the word "the best way for you guys is to call any agent from HLA to meet them and ask them to explain such a plan, as i guess any HLA agent would be more happier to entertain you" sounds ambigious and people will think you are the HLA agent. As if you already bought the insurance or familiar with it, you can explain like leekk8 gives one, but not to tell people to call HLA agent, right?

No offence, we always welcome people to share information and give opinion, it is perfectly nothing wrong if you think it is a good plan.

This post has been edited by cherroy: Jul 15 2008, 04:58 PM

thanks for the advice, cherroy, appreaciate it very much...

Commodities hedge well against inflation

KUALA LUMPUR: Investing in commodities is a good hedge against the current round of global inflation, says CIMB Investment Bank Bhd head of structured products and derivatives Chu Kok Wei.

This was because the current inflation had been largely driven by high commodity prices, “so there is offsetting (against inflation) by buying into commodities,” he told reporters at the launch of CIMB Bank's latest floating rate negotiable instruments of deposit structured investment product, Dynamic Best of Gurus, yesterday.

Considering the current uncertain market environment, the new structured investment was very defensive in nature, he added.

CIMB group treasurer Lee K. Kwan said the customer would be going into the global market in a “fairly defensive structure.”

The commodities component of the fund would offset current inflation, while the emerging markets segment would hedge against a fall in Western markets, he said.

The performance of the Dynamic Best of Gurus is tagged to the that of selected investment portfolios of the four gurus - Warren Buffett, William Gross, Mark Mobius and Jim Rogers.

“Investors worldwide recognise these name but may not be able to benefit from their expertise due to the high entry cost into their companies' funds,” Lee said.

By combining the bank's expertise in treasury products and risk management with its distribution network, “we are able to provide this investment exposure to the mass market in Malaysia,” he said.

With a minimum investment of RM100,000, investors in Malaysia could now potentially benefit from these gurus' disciplined fundamental analysis and proven track record of generating steady returns despite market stress and uncertainty, he added.

CIMB group began offering capital-guaranteed dynamic-based investment products from late-2007, aimed at helping investors manage increased market volatility.

As with all structured investments issued by CIMB group, the new fund comes with the assurance of daily prices and liquidity allowing investors to cash out their capital gains prior to maturity at the prevailing market price, without any penalty.

URL: http://biz.thestar.com.my/news/story.asp?f...92&sec=business

Takaful Al-Waqi fund launch on 21 July

URL: http://www.maybank2u.com.my/consumer/onlin...aqi/index.shtml

Dynamic Best of Gurus Floating Rate Negotiable Instrument of Deposit (FRNID)

The Dynamic Best of Gurus FRNID allows investors to benefit from the expertise of world renowned investment gurus, recognized and respected for their investment philosophy, foresight and returns in equities, bonds, emerging market equities and commodities.

Features

Invest with the Best
Warren Buffett Guru of Equities (Berkshire Hathaway Inc.)
William Gross Guru of Bonds (PIMCO Total Return Bond Fund)
Mark Mobius Guru of Emerging Markets (Templeton Emerging Markets Fund)
Jim Rogers Guru of Commodities (Diapason Rogers Commodity Fund)

Various choices of tenures and payouts
Non guaranteed return structure : 3 and 5 years tenure
Minimum guaranteed return structure : 5 years tenure only

100% Capital Guaranteed
Capital is fully guaranteed in Ringgit upon maturity.

No Annual Management Fees
Enjoy the full returns on your investments with absolutely no management fees.

Liquidity
Daily redemption allowed with no penalty charges.

*This is a Floating Rate Negotiable Instrument of Deposit (FRNID) issued under the Bank Negara Malaysia Guidelines on Negotiable Instruments of Deposit (2006)

**Please refer to Term Sheet for additional Terms & Conditions

Benefit
Capital is fully protected in Ringgit Malaysia. Benefit from overseas diversification without exposing capital to currency risk.
Returns are payable in Ringgit.

Eligibility
The Dynamic Best of Gurus is a Floating Rate Negotiable Instrument of Deposit (FRNID). Investments in FRNID must be in minimum of RM100,000, and in multiples of RM50,000 thereon.

The Dynamic Best of Gurus is a Floating Rate Negotiable Instrument of Deposit as per Bank Negara Malaysia Guidelines On Negotiable Instruments of Deposit (2006). CIMB Group will provide investors with regular redemption prices for this product. Redemption prior to maturity is subject to prevailing market prices.

Depositors should be aware that this instrument is principal protected by the issuing bank upon maturity only. If the instrument is redeemed or sold PRIOR to maturity, the investor may face fees or costs which could result in the investor LOSING PART OR ALL of the initial deposit amount. The returns on this instrument are uncertain and the depositor risks earning no returns at all.

URL: http://www.cimbbank.com.my/index.php?ch=ba...0&tpt=cimb_bank

HLB unveils new product - FRIND

KUALA LUMPUR: Hong Leong Bank Bhd's (HLB) Himalaya Opportunity floating rate negotiable instrument of deposit (FRNID) will offer potentially higher returns than a fixed deposit.

In a statement, HLB said the three-year principal-protected FRNID launched yesterday aimed to give better investment returns in a climate that was presently filled with much anxiety.

“The FRNID provides diversification into three promising sectors namely, agriculture, emerging markets and the US financials.

“The underlying investment is index-based through three exchange-traded funds - iShare MSCI Emerging Markets Index, Financial Select Sector SPDR Fund and Power-Shares DB Agriculture Fund,” it said.

It said the investment would allow investors to leverage on current market uncertainty fuelled by rising food costs and increasing demands from the populous emerging markets while giving an opportunity to ride on the probable recovery of the US financial sector in the medium term.

Chief operating officer, personal financial services, Moey Tan said the fund would offer 100% principal protection if held until maturity and investors could take advantage of the current low valuations of the US financial stocks and rising inflation by diversifying some wealth into this FRNID. – Bernama

URL: http://biz.thestar.com.my/news/story.asp?f...99&sec=business

ING unveils fund with focus on developing countries

KUALA LUMPUR: ING Funds Bhd has launched the ING Global Emerging Markets Debt, a global fund that provides investors with regular income stream.

The fund invests in a diversified selection of fixed-income securities, money market instruments, derivatives and deposits mainly denominated in local currencies of developing countries in Latin America, Asia, central and eastern Europe and Africa.

The fund would feed into a target fund, ING (L) Renta Fund Emerging Markets Debt Local Currency.

The target fund had total assets under management of more than US$2bil and was domiciled in Luxembourg, the company said in a statement yesterday.

“Emerging markets represent an important growth opportunity,” said retail distribution head Ismitz Mattew De Alwis.

“Strong domestic demand, high exports to developed markets and large population with rising wages are just some of the factors which have been creating value and delivering higher returns for investors.”

It would give investors the chance to diversify their portfolio with an investment class that was lowly correlated with developed markets, he added.

The fund has an approved size of 300 million units. The minimum initial investment is RM5,000. – Bernama

URL: http://biz.thestar.com.my/news/story.asp?f...95&sec=business

Maybank Launches RM200 million Short Term Single Premium Islamic Investment-linked Plan - Takaful Al-Waqi

Maybank today launched the shortest term single premium investment-linked Islamic commodities fund. Takaful Al-Waqi, a RM200 million single premium Islamic investment-linked plan is designed specifically based on customers’ feedback for a short tenure investment of two years coupled with potential upside of 8.81% pa to outperform the 12-month General Investment Account (GPA) or fixed deposit account rates, in line with its aspirations to offer suitable investment products for the ever-changing appetite of customers looking for diversification.

More at: http://www.maybank2u.com.my/corporate/pres...08/240708.shtml

is it profitable if i invest in public mutual during unstable economy pattern nowadays?

A PM UTC may advise you to forget those worries because in UT, it's a medium to long term investment and using dollar-cost averaging.

oh i see...how about an increasing of oil price and political crisis in malaysia?never effect the long term investment?

It depends on the fund exposure. If the fund is not a local fund, political crisis in Malaysia won't wiegh significant influence.

Oil price is a global matter and guess we cannot avoid or escape from it.

so if i invest in islamic type of public mutual?depends on local or global situation?

The equity market could be affected by local sentiment, global sentimentor both.

As I said earlier, you must understand the fund exposure (portfolio), read through the master prospectus. It could help you to understand.

For shahriah-compliant (Islamic), there're local based and off-shore based funds. Local Islamic fund like Public Islamic Balanced Fund, Public Islamic Balanced Fund, Public Islamic Equity Fund and etc. Foreign based Islamic fund are like Public Asia Itikal Fund, Public Islamic Asia Balanced Fund, Public Islamic Asia Dividend Fund and etc.