Oversubscription for Maybank Structured Deposit

Launched on April 15 2008, Maybank Alpha Centurion Structured Deposit (MAC) closed a week early on 7 May. The total deposit size has exceeded RM480 million, 60% more than the initial size of RM300 million.

Maybank Head of Wealth Management, Teh Cheah May said the response to MAC was quite overwhelming particularly in the present challenging market conditions. The attraction of MAC is the flexibility of investing in a 2 and 3 year tenure and the compelling strategy of generating potential returns in excess of the term deposits rates and is independent of any market conditions, be it bull or bear.

An all weather opportunities structured deposit, MAC offers 100% capital protection to investors when held to maturity and it takes the emotion out of investing during uncertain market conditions. It is an ideal product to complement existing investment portfolio of long positions.

URL: http://www.maybank2u.com.my/corporate/pres...08/080508.shtml

In conjunction with Permodalan Nasional Berhad's 30th Anniversary and Minggu Saham Amanah Malaysia 2008, Amanah Saham Nasional Berhad is having a nationwide promotion on its existing funds:

Amanah Saham Nasional 3 Imbang (ASN 3)
Amanah Saham Gemilang (3 funds: ASG Pendidikan, ASG Kesihatan & ASG Persaraan)

Maybank is one of the ASNB agents participating in this campaign and all new Investments and top-ups can be done at all Maybank branches.

During the promotion period from 20TH APRIL - 20TH MAY 2008, investors will receive 2 FREE UNITS ON EVERY 100 UNITS INVESTED. The free units will be credited to your account on 21st May 2008.

Whatever your financial objectives — for yourself, your children’s education, medical expenses
or retirement — ASNB, the largest investment management corporation in Malaysia with more than 29 years of experience, will assist you to achieve them.

URL: http://www.maybank2u.com.my/promotions/inv...asnb/index.html

Just a friendly notification on Public Mutual's Unit Trust Fund with financial year ending coming this 31st May 2008:

Funds with financial year-ending in 31st May 08:
1) Public Balanced Fund (PBF)
2) Public Ittikal Fund (PITTIKAL)
3) Public Islamic Equity Fund (PIEF)
4) Public Dividend Select Fund (PDSF)
5) Public Far-East Select Fund (PFES)
6) Public Select Bond Fund (PSBF)
7) Public Regional Sector Fund (PRSEC)
8) Public Global Select Fund (PGSF)

Anybody hears or invests in AmAsia Star fund?

This post has been edited by David83: May 26 2008, 06:40 PM

DO post more on these...

I believe there is nothing much to post about. He is just stating the funds that could be paying distributions on 31st May

Sure...will try to post any updates on unit trust funds, especially on Public Mutual here.

Yes, that's information sharing well, as do not have as much information as the agents.

thanks

PUBLIC MUTUAL DISTRIBUTION DECLARATION FOR FUNDS
FINANCIAL YEAR-ENDING 31st MAY 2008

Public Mutual has declared Distribution for funds with financial year-ending on 31st May 2008 as following

1) Public Balanced Fund (PBF) --> 5.00 sen
2) Public Ittikal Fund (PITTIKAL) --> 5.00 sen
3) Public Islamic Equity Fund (PIEF) --> 1.50 sen
4) Public Dividend Select Fund (PDSF) --> 1.50 sen
5) Public Far-East Select Fund (PFES) --> 1.50 sen
6) Public Select Bond Fund (PSBF) --> 4.00 sen
7) Public Regional Sector Fund (PRSEC) --> 1.50


Please kindly take note that interim distribution has been declared for above mentioned funds in 30 November 2007.

1) Public Balanced Fund (PBF) --> 10.00 sen
2) Public Ittikal Fund (PITTIKAL) --> 10.00 sen
3) Public Islamic Equity Fund (PIEF) --> 5.00 sen
4) Public Dividend Select Fund (PDSF) --> 3.75 sen
5) Public Far-East Select Fund (PFES) --> 4.00 sen
6) Public Select Bond Fund (PSBF) --> NIL
7) Public Regional Sector Fund (PRSEC) --> 3.50

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Added on May 31, 2008, 3:23 pmSaturday May 31, 2008
Public Bank launching new investment product

KUALA LUMPUR: Public Bank is launching PB Asian ACES Structured Investment, an offering to investors to take advantage of both bull and bear markets.

The three-year investment via floating rate negotiable instrument of deposit was 100% capital protected if held to maturity, Public Bank said in a statement.

It was suitable for investors seeking potentially higher returns compared with current fixed deposit rates without taking any risks on their capital invested, it said.

“With the 2% instant rebate, this investment allows investors to cash out part of their returns first and let the strategy work for them during the next three years,” said managing director Datuk Seri Tay Ah Lek.

PB Asian ACES will capitalise on extreme price movements from a dynamic universe of 100 largest Asian stocks – actively buying the worst (buy low) and selling the best (sell high) stocks based on a set of well-researched quantitative rules, Public Bank said.

This long-short market neutral strategy was rebalanced weekly and aimed to extract high upside potential without reliance on market direction or timing, it said.

PB Asian ACES has an initial issue size of RM100mil and is available from June 3-20 with a minimum investment of RM100,000 and multiples of RM50,000 thereafter. – Bernama


http://biz.thestar.com.my/news/story.asp?f...00&sec=business

This post has been edited by kingkong81: May 31 2008, 09:54 PM

>> 00% capital protected if held to maturity

Zero percent?

This post has been edited by howszat: May 31 2008, 08:19 PM

i think it is suppose to be 100% capital protected...even original article is wrong..haha...rectify ady

These funds are targetting big fishes.

PNB expects good response to new fund

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) expects good take-up rate for its RM3bil Structured Investment Fund (SIF), which was launched on May 12.

President and group chief executive Tan Sri Hamad Kama Piah Che Othman said he expected a good participation rate for the fund that would close on June 25.

“Half the fund would be subscribed by our unit trust. We are hopeful it would be fully taken up (by the end of its initial offer period),” he told reporters prior to the PNB International Lectures 2008 yesterday.

The SIF is a closed-end structured fund with a maturity period of five years. It would be transacted at a net asset value of RM1 each during the initial offer period.

The fund invests mainly in PNB's real estate investment trusts, structured products and cash instruments.

On PNB's strategy due to rising cost of products and services, Hamad Kama Piah said: “We are reviewing our strategies everyday. We always want to ensure that we create value for our investments.”

Asked about a report that PNB was looking to take over HeiTech Padu Bhd, he declined to comment.

HeiTech Padu had replied to Bursa Malaysia on Monday that the company was “in the know of the active acquisition of the company's shares by PNB since March 2008.”

However, there had been no formal indication or proposals on potential takeover by PNB, the company said.

Meanwhile, the lecture yesterday, the second in the series, featured BT Financial Group Australia chief executive officer Rob Coombe.

In his presentation The Importance of Strategy Execution, Coombe said a successful company was one that executed its strategy effectively.

“Whilst having a clear and carefully articulated strategy is important, it counts for nothing unless you can deliver on its promise to your shareholders, customers and employees,” he said.

He said “superior” execution could be achieved by focusing on five main points: culture, leadership, organisational structure, process and systems and customer focus.

On the importance of leadership, Coombe said: “If you have great leaders working for you, your ability to retain talent will be much better than the competition.”

He also said customers were the best barometer on how efficient a company was at executing its strategy.

URL: http://biz.thestar.com.my/news/story.asp?f...82&sec=business

Hi all, want to ask how many types of investment schemes out there that allows top up of any amount we want on monthly basis? So far I only know we able to do this with UT. But would like to know more on other choices.

Thanks.

I think some investment-linked products allow you to do that, but I am not sure though.
Even in stock market, you can do that, but will have to be by the lot.
Gold accounts, I believe you can go by the grams.
Other than that, I don't think there are others that allow you to do that.

Usually investment-linked products require you to fork out a fixed amount of cash montly; i.e. investment-linked insurance policy.

Usually they are like that, but I think I heard before my family insurance agent told me before that there's a scheme that allows you to pay whatever amount you want monthly. I am not sure though, because that scheme was a few years ago

But do you need to pay for an amount? How about it don't want to pay for one particular month?

I believe it won't be the case. For insurance, you have the flexibility to pay in monthly or annually basis.

It allows you to pay any amount you want (more than the minimum), but you have to pay every month.

Hi David/Jordy,

If we skip investment linked insurance, seems like the choice only left Gold Account, Unit Trust and stocks right? And among these 3, UT belongs so lowest risk while stocks belongs to high risk investment, am I correct?

Thanks.

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Added on June 14, 2008, 11:49 pmAdd on, what I mean above are those investment that do not require monthly commitment and can we pay any amount we want anytime?

This post has been edited by Shinichi: Jun 14 2008, 11:49 PM