ASB, if not mistaken, every year give return around 8-10%, which is only achievable if we invest in high risk unit trust funds over long term. If you're interested in it, you can look for Public Mutual funds, they have a lot of high risk unit trust funds, example PFETIF, PCTF, PNREF, PFECTF, PAGF, PSmallCap and so forth.

ASB currently give less than 9% decreasing every year. They will give bonus if you invest more than 10 years i think.

Thanks for the info sir. Right in time since my mom just rejected the ASB financial loan programs (including the usual ASB savings due to she already invest a lot in it and looking for another alternatives) and I need to find another kind of investment like trust funds... now researching on those PFETIF, PCTF, PNREF, PFECTF, PAGF, PSmallCap funds.

Thanks again

CIMB fund also performing very well now...
focus more on Asia and China market

Due to I didn't know where to open a topic to get an advice, I'll start here since there's so many financial expert I can asked for help here ..

Objectives : Investment for A Gov Retiree (56 years old)
Cash Available For Diversified Portfolio: 100 K
Current Investment/Savings : 50K (ASB/Stock Market/Maybank)
Monthly Wages (Pensioner) : RM 2100 (lifetime)
Potential Add-Up Investment From Other Family members : ++130 K
Liabilities : No

What am I looking : FD/Trust Funds/Gold Investment or anything legal from respective bank . If there's any loan for financial investment purpose, that's also can be accepted . Example : ASB - Pelaburan Bijak From Maybank . 4.20% per year rates againts ASB dividend rates up to 8~9% .. don't worry about the guarantor, my sis and bro can help it ..

Term : The maximum is 5 years due to her old ages and after some years , I want her to spent all the money for whatever purpose she want since she deserved it and it's her money anyway . Just because she prefers Maybank FD for easier purpose and never care about the dividends rates, I try to help her to get any potential investments.

Deadline : 31 August 2009 (Take a longer time . Need to do a very detailed research .. will be early if I'm so tempted )

I have already visited some of the bank (70% of the commercial banks) but for some reason, there's some unexplanation information due to a short time and lacking of (brochures, prospectus, new staff, new products) . I do get a long but very good and understandable explanation from Alliance Bank, Bank Muamalat, Hong Leong Bank , Maybank, RHB, PublicMutual consultant but still hunger for new information. Anyway, my bad experience is with a bank consultant from UOB Klang . Just because I represent my mom, she's explaining with no interest and mockingly me with some words and her actions . Even though she's a senior executive there and have a good experiences, perhaps next time I should call my mom and asked her to talk directly or show the bank books/cheque so she will serve me as the real customer

So, can anyone advice me where to invest? What is the good ratio to diversified it?

Thank you Sir/Madam for the help

P/s: If there's any agents/bank workers/bank consultant/ or anything related want to contact for easy purposes or sending any master prospectus/brochures/investment ad. Please do not pm me. Please send an e-mail to: mypensionerfund@yahoo.com . I prefer a short info or answer so I can do a research first and I'll reply back once it match what I want .. .

This post has been edited by Irzani: Jul 8 2009, 08:57 AM

I think you just dump those 100k in ASB, ASW and ASM, which easily earns you 6 - 8% per annum. investment in unit trust is a bit short for unit trust funds for 5 years time frame

retiree need secure investing since she need the money within 5 years.
better is ASB, ASM, ASX or capital gurantee fund within 5 years, or bond.
eventhough I am sure that stock/share market will florish starting today (July 8) till within 5 years, it is still high risk, especially if u do not monitor it or not setting target for it.

Irzani, try look at PITTIKAL from Public Mutual. Return is quite good.

Still observing the price .. . But I hope I'll not miss the low price to enter later ...

Thanks for the advice

Personally think your mom should not engaged in too high risk of investment due to her age factor.

In terms of unit trust funds...should go for something in moderate to low risk type of funds.
Eg. PITTIKAL as previously mentioned, PIDF, PRSF...even in terms of balanced funds can also be consider. (fr PMutual aspects). ASB/ASN etc are some good options too.

I supposed your mom investment should be looking in terms of preserving her wealth, while giving the opportunity for continuous income (i.e. distribution) or even capital growth.


just my 2cents

I need some advice here
I'm planning to invest like 12k into some funds but I have no idea where should I put it in. Any opinions from experts? I have PBB balance fund already so I plan to diverse it out to something else.

Thx all

PBB Balanced Fund, PB series right? Since you already have PB series fund, you are advised to continue invest in other PB series fund so that you can do any switching in future.

1. If your PBBF fund have less than 5K units, why not topup a bit to get a free insurance. If you have more than 5K unit than you might skip this advice. Normally for balanced fund both from PB and P series, there is a free insurance. But you need to maintain at least 5K units.

2. Since your previous fund is a balanced fund, why not try something with a high risk. Maybe you can try to look at PBCPEF. NAV as at 10-Jul-09 is 0.1599 that is 36% less than intro price.

3. You may also look at PBGF.

This post has been edited by N27: Jul 13 2009, 12:06 PM

Well its the Australia Dynamic fund kinda stuff (PBADBF), don't really remember well. I have RM3k in it, which is equivalent to...11,428.57 units. Plan to top it up to RM5k actually. Should I?

U mean equity fund? What's PBCPEF? and PBGF?
Sorry I'm kinda lost in all these terms as I don't know much about it (a science guy )

I even having trouble reading the statement for my balance fund lulz. Mind to guide me into detail in reading it and which fund should I go for?

Invest regularly might be wise. It helps to reduce your Average Cost per Unit.

did anyone heard about gecs limited? this is investment company at spore...monthly can get 10-15%

Reliable or not ? 10-15% so.... good..... better put in local unit trust fund I'll say. but it's still up to each individual to do the judgement themselves.

yes, very reliable, last month month i go to spore and see their office and met their director......i think we must explore oversea investment more... it seems a lot of oversea investment that we dont know...they are very reliable...and a lot of our bank also invest with them...

10%~15% monthly? so 12 month u got 120%~180% per year!!
it seems more bullshit than real

heheeh i've been invest for 1year plus and the payment have been excellent...the bullshit is the people dont get this oppurtionity

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Added on July 20, 2009, 3:24 pmit seems your are very clever in investment, did you know about British Virgin Island, Cayman Island or Langsley Island, can you expalin to me?






This post has been edited by putra empire: Jul 20 2009, 03:24 PM

Hmmm. I can't find any end user opinions on this GECS Limited online, & keeping in mind the first rule (if it's too good to be true, it probably is) I'd suggest caution. Considering it's incorporated in a notoriously regulation lax area (British Virgin Islands), I'd suggest a LOT of caution.

putra empire, you seem to be a new user & almost exclusively posting on this topic. Mind opening a new thread (as this is not the suitable thread) in the main Finance forum & describe your experience with this company so that we can have a bit more feedback?