HLG Unit Trust, bank launch GEM Resources Fund

KUALA LUMPUR HLG Unit Trust Bhd (HLG UT) and Hong Leong Bank Bhd (HL Bank) recently launched the GEM Resources Strategic Fund to leverage on the current inflationary situation.

The fund, which would invest in global resources and global emerging markets equity securities, was structured to take advantage of current market uncertainties.

In a statement released on Tuesday, HLG UT said the GEM Resources Strategic Fund was a growth and income fund to provide protection against inflation and long-term growth of capital.

The fund would invest in global resources related equity securities of companies involved in the extraction, processing, transportation and distribution of natural resources of any kind, in any part of the world.

HLG Asset Management Sdn Bhd executive director and chief executive officer Richard Lin said the fund would invest in natural resources, which was one of the few asset classes that benefited from inflation.

“Natural resources have a positive correlation with inflation – the price of natural resources rise in tandem with inflation. Companies involved in natural resources have the potential for higher revenues as a result of the higher prices for natural resources,” he said.

Lin also said the fund would leverage on this to ensure potential high returns, adding it would also invest in global emerging markets equity securities for long-term capital growth. The fund has a total approved fund size of two billion units priced at 10 sen per unit during the initial offer period. Minimum initial investment is RM1,000 while the minimum additional investment is RM1,000.

Newgate Capital Management LLC has been appointed as the external foreign investment manager to manage the global equity securities of the HLG GEM Resources Strategic Fund.

URL: http://biz.thestar.com.my/news/story.asp?f...45&sec=business

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Added on September 14, 2008, 10:58 pmWhat is PB CARB Investment?

PB CARB Investment is a 2-year 100% capital protected structured investment which invests into a basket of 4 currencies namely Canadian dollar (CAD), Australian dollar (AUD), Russian Ruble (RUB) and Brazilian Real (BRL). It provides an investor with an unlimited potential return linked to currencies of key exporting countries of commodities and resources. It also incorporates a 2-tier lock-in feature that gives a minimum return once the lock-in is triggered.

Key Benefits
1. 100% capital protection at maturity
2. 2-Tier Lock-in feature benefits, i.e. 6% and 12% which gives a minimum return once the lock-in is triggered
3. Short tenure of 2 Years
4. 100% participation in the CARB Basket
5. Unlimited upside potential
6. No annual management fee/ exit fees
7. Structured Investment Product is the only choice that provides investors wanting capital protected exposure to currency

How does the Lock-in level works?

1. At a fixed date each month, the basket is observed for their performance.
2. Basket Performance is based on equally weighted basket performance compared to initial fixing level
3. Two-tier Lock-in Feature at 6% and 12%
4, If basket performance on any Monthly Observation Dates is equal to or greater than the lower Lock-in 6%, lower Lock-in activated;
5. If basket performance on any Monthly Observation Dates is equal to or greater than the higher Lock-in 12%, higher Lock-in activated;
6. Once a lock-in level is activated, Investor will be assured of receiving at least the Lock-in interest rate at maturity in addition to the return of full capital.
7. Investors will continue to enjoy the potential of higher return above the lock-in level. i.e. even if the higher lock-in level of 12% has been achieved, investor still have the potential of getting an even higher payout if the average basket performance is higher than 12% at the end of 2 years.

Terms and Conditions apply.

Prospectus: http://www.pbebank.com/en/en_content/images/carb_eng.pdf

URL: http://www.pbebank.com/en/en_content/perso...ments/carb.html

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Added on September 16, 2008, 10:58 amAmInvestment launches unique capital protected fund

KUALA LUMPUR: AmInvestment Bank Group yesterday launched an unconventional capital protected fund called AmCommodities Active-Capital Protected (AACP) that has several unique features.

AmInvestment Bank Group chief executive officer and executive director (funds management) Datin Maznah Mahbob said it was one of the few local funds that invested in the commodity market for retail investors.

The fund has an authorised fund size of 200 million units at RM1 per unit and is offered to the public from Sept 8 to Oct 7.

The minimum investment amount is RM5,000.

The close-ended fund will invest mainly in three-year ringgit-denominated zero coupon negotiable instruments of deposits from financial institutions to ensure that 100% of investors’ capital was paid back upon maturity.

Maznah told reporters after the launch of AACP yesterday that 10% of the fund would be invested in an option linked to an actively managed commodity investment strategy to generate income and capital appreciation.

She said the strategy determined the allocation exposure of the portfolio based on a volatility management index called “Isovol Index” to a commodity index, AmIslamic Bank Makmur Commodity Index.

“The purpose of Isovol Index is to cap the volatility of exposure to the AmIslamic Bank Makmur Commodity Index at 15%.

“With this mechanism in place, the portfolio then manages the allocation of exposure to the Isovol Index at between 20% and 200%,” she said.

On the fund’s returns, Maznah said on average, investors could expect about 8% to 10% per annum based on track record.

“The fund would attract investors wanting exposure to an actively managed strategy in commodities investment and suit those seeking potentially higher income and capital appreciation over the longer term,” she said.

AACP is sold via AmBank branches, AmBank Financial Services and its authorised institutional unit trust advisers, including United Overseas Bank, Alliance Bank and EON Bank.

Currently, AmInvestment Bank Group has 41 unit trust funds marketed under its retail brand AmMutual and two exchange-traded funds.

Total assets under AmMutual funds management, including two exchange-traded funds and discretionary mandates, are worth RM18.4bil as at Aug 31.

URL: http://biz.thestar.com.my/news/story.asp?f...45&sec=business

This post has been edited by David83: Sep 16 2008, 10:58 AM

I want to know can a public mutual fund price drop until 0.00??????

We discussed this before. No funds will be obsolete unless the whole stock market dies.
As long as the companies in the portfolio are still intact, the funds will still grow in time.

Why ppl always ask this??

It has been discussed before, so do try to look out for it...

In any case...the possibility is very small for this to happen......

HLG Global Value Fund

This Fund is designed to exploit the full potential of established undervalued companies by investing in them. The HLG Global Value Fund uses a fundamental approach in the selection of equity securities in order to take advantage on the growth opportunities in these companies – well diversified across industries and across the globe. Be the pioneers in witnessing the growth path of these undervalued companies.

More details at: http://www.maybank2u.com.my/consumer/inves...bal_value.shtml

Anyone interested in diversifying their portfolio via offshore investments?

HLG Shariah Inflation Select Fund

The HLG Shariah Inflation Select Fund is a closed end Shariah compliant structured fund that seeks for potential returns from companies that might benefit from an environment of rising inflation. These potential returns are benchmarked against the performance of selected global reference equities in the consumer staples, agriculture and oil & mining services sectors. This Fund is suitable for investors looking for short term investment that aims to benefit from a potential upside from selected global reference equities/sectors which stand to benefit from rising inflation.

URL: http://www.maybank2u.com.my/consumer/inves...d_hlgsisf.shtml

Can anyone direct me to a site which shows historical prices of all the fund ie price movements over say 6 months?
Most only show current prices.

No, but in the US they can be shut down (see http://www.signonsandiego.com/uniontrib/20..._1b19funds.html for details.) Not sure about how it is over here.

now public mutual fund dropping? is it a good time buy it at cheaper price? -,-

YOU BUY any fund before? Y you choose public mutual??

dont noe maybe i used to work in public bank =.= ahaha

Even you say fund is being manage by professionals, but you still gotta know basically what this fund invested into, which country, which sector of business, what type of company and so on.

newspaper -,-

Just as an add on to newspaper pricing

Newspaper will only give you T+2 prices...which means, Monday price will only be printed in Wednesday newspaper. so 2 days lag

Up to date daily price u can check from public mutual website itself..where the price will be updated on the next day, usually after 11am

Newspaper only gives current price. What I am looking fot is somewhat like metastock but for unit trust so that can find performance over 1,2,3 months etc.

People keep asking because the dropping is non-stop.

And the dropping won't cease for any time soon....

As usual...timing the bottom is a difficult & tedious thing to do...
As long as it has reached your target price, can consider going in....as long as it is low. it does not need to b the lowest....

My 2 cents

yep, in my opinion, it is very hard to predict the bottom, as long as we allocate to average down into several batches, I personally think we can go in now, batch by batch...

Yaya, Want to ask anybody use fundsupermart.com.my? from their profile, it seem like they are no 1 fund unit trust distributor in SG. Seem like their service not bad as recommend by my fren.