What a rally for public china itikal fund until 0.19xx, now drop back to 0.1796, wait for it to drop somemore so that I can pump in some money:)

anyone invested in commodities related funds before? dont seem to have a lot of choices of commodities funds. the one i know is from Hwang DBS and OSK-UOB.

any comments on commodities funds?

PCIF is currently on promotion:

http://www.publicmutual.com.my/page.aspx?name=promo_pcif

Recently my colleague promoted me to engage with saving insurance from ING, Premier Income plus 12 which I only need to save 5K annually up to 12 years & after maturity 12 years ING will began to disburse roughly 4K yearly until I turned 100 year olds or withdrawn anytime with one big lump sum of money.

Anyone can advice me should I take up this saving scheme? Are there any better saving options offered recently from bank or insurance company? Please advice, thanks

Sorry for using the wrong term , I thought FD is for fund not matter what kind of investment . Just know it's for Fixed Deposit . Anyway, thanks for the lipper web, it's help a lot even though it's hard to choose the best one and safe. Now, currently thinking of Fixed Deposit as an alternatives to this complex fund ...

There is a large cap FBM30 tracking ETF called FB30ETF (0820EA) listed on KLSE. I know this is no Vanguard, but maybe suitable as for local context?

I don't know whether I should open up a new thread or not, but decided to check here first. I've recently signed up with Fundsupermart and am gonna start investing with them from late July onwards. I'm looking for recommendations as to their funds. Their forums are knida dead so I'm hopefully referring to the wizened old sifu's here.

My plan is to essentially buy into 5-8 funds over the July to September period (plan about 1-3K per fund) and I'm planning on using FSM's Regular Savings Plan to top up about 1-1.5K per month. I plan to hold on to the funds for a minimum of 1 year before converting to other funds (which are hopefully cheaper at the time).

Right now, most of my funds are in FD, offsetting my mortgage as well as Structured Investment as well as the Sukuk. Funds will primarily come from my mtge offset account and I'm willing to consider my self aggressive in terms of UT investment.

I've seen their reccommended portfolios and will probably mirror them if I don't have any other sound strategy, but they don't cover their newer funds. I looking for some on the ground opinion as to the value of the newer funds & whether I should go for any simple overall strategy. Please advice (or scold me for my naivete). Thanks

I've some money in this scheme, though in my case it's for a lot more money and for a longer period. After thinking about it for a while, I've decided that it's probably not worthwhile for most people. Your money gets locked in for too long, and if you manage your money properly, I believe that you should be able to get better overall returns on your own. In my case, it makes some sense since I've spent most of the life working overseas and since I have no EPF, I think of this as a sort of EPF-like rainy day fund. It could also be useful if you have financial management problems and this scheme imposes the discipline of saving on you.

Otherwise, I think you'd be better off investing in stocks yourself or a unit trust fund if you're scared about doing it yourself. If you're really worried about losing your capital, you could try one of those capital protected funds.

i do heard of this saving thingy b4.. but, as far as i noe, ING is reluctant for any claims.. so i doubt bout the disbursement after maturity..

It's really tiring to go to a bank one by one to hear the current investment products (FD and unit trust), right now what interest me is the Why Wait Fixed Return Investment Account-i from CIMB.. is it true :



Does it mean I get 1.90% from my current investment every month?

Thanks

Very new in FD and trust investment thing and this is the first time I have to manage my mom retirement money 60K~100K investments ..

This post has been edited by Irzani: Jun 29 2009, 02:03 AM

Dude, p.a. means per annum.

Damn... I miss the p.a. thing, can't believe I miss the word ....

Also, remember that they said Highest profit rate, not minimum/ average profit rate.

Today, I visited AmBank, Alliance Bank, and Maybank. Both representative from Ambank and Alliance is very good in promoting their products to me, and there's a lot of information I gained from them even though some 20 years thing is really tempting but too long.

Guess what come from Maybank officer when I asked if I can get any advice for Maybank investment product? First, she told me to go to another branch since it's not a Maybank investment bank (something like that) . Then, she asked what kind of investment I'm looking for due to my blurry face. I tell her if possible, I'm looking for a trust fund or FD for my retiree mom. She tell me those trust fund from Maybank is closed (something like that) and only usual FD (perhaps usual saving account) is available. Next, she asked me if I have ASB book and why not investing in it. I told her I'm not investing in ASB since my mom is currently invested a lot in ASB and now looking for another option to diversified her portfolio. Then, she keep telling the goodness about ASB in the current recession and urge me to do the same. Again, I asked her if Maybank have some goot trust fund or FD, or maybe some other investment that I can invest (general term - perhaps Islamic Banking, Kijang Emas Gold (Due to brochures I took at the Maybank office) or etc . And again, she tell me no such investment open right now and recommend to me to take only ASB for my moms ... then, I thank her and leave the offices .

Is it true no such investment open exist in Maybank? Only left usual saving account?


Sorry for my very bad English ..

Thanks

Nowadays Maybank seems like not pushing their unit trust funds...in fact, Maybank unit trust funds are managed by another company, cant remember the name. There is no more Maybank funds in the market. Islamic banking is just another type of normal banking...not related to investment. Anyway, she didn't say wrong, ASB is really the best investment tools right now if you know nothing about share and properties investment. From historical performance, ASB can maintain return at 7-9% p.a. almost every year. This is not possible for normal unit trust funds.

No wonder she keep telling me to enter ASB due to it's return... . Anyway sir, can you recommend me any name of FD/trust fund for me to check that have equal or better than ASB. Perhaps a medium or high risk one? Thinking to diversified the portfolio ...

Currently I play shares for a few years but never go into this saving things. How much the return or rate, I never care. Just check the balance only. When I bump into this topics and read some of the post, I got an interest to enter this investments to help my mom due to it's her retirement money and not mine. To play shares with 100K, die lo ..

Thanks again

If it is really your mother's retirement money, I strongly suggest that you put it into ASB as recommended. Putting money in unit trust funds are effectively identical with putting it in the stock market, risk-wise. Retirement money should never be used in speculative investments. You should be looking at ways to preserve and protect that value instead of growing it.

Hello all fellow Financial Planners / Advisers / Unit Trust & Mutual Fund Consultants & Managers..

icon_question.gif I need to know wht kind of Software / tools all have been using so far to challenge your clients to show him the strategic advantage of using proper asset allocation and the opportunity cost of not doing so.

Is there any tools to demonstrate what an optimized portfolio can achieve for your client. Analyze any combination of unit trusts with total flexibility.

Structure a tactical portfolio which fits the risk profile of your client. Help your client to achieve his or her goals in the most efficient way. Analyze any combination of equities, bonds and unit trusts with total flexibility.

Analyze international portfolios with your client. Review each life goal on a cashflow basis. Perform credible portfolio forecasts.

Hmm juz wondering if any software like this ever existed ??

Im actually looking for a software which contains power to do personal asset allocation..

Any idea's any1 ??

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I strongly second this sentiment, as it's an elderly person's retirement funds & not a youngsters savings. You should prioritise low risk investments & something with minimal withdrawal penalties, in case of any medical emergencies or unforeseen expenses.

This post has been edited by snowcrash: Jul 1 2009, 08:14 PM

Yeah, yesterday just visited Maybank again, another branch and the staff there offer the 'Pelaburan Bijak For ASB' or 'ASB Fund Financing Program' . It's really tempting to see the 4.25% loan rates per year againts the ASB,ASW,ASM,ASG,ASD that have returned rate more than 5% per year . .. . Now I need to find any personal financing that can beat the 4.25% rate from Maybank, need to revisit every bank again ..

Thanks for the advice sir ..

This post has been edited by Irzani: Jul 2 2009, 09:44 AM