What's the purpose of your savings? FD can be a good place to put in some of your emergency fund but definitely not meant for long term savings (such as retirement funds). If you're looking for a mid to long term saving, why not trying to invest in Unit Trust? Dollar cost averaging will help you to minimize the risk as well. Unit trust may not be the best investment for experienced investors but for those who has little or no experience to invest, a managed investment is a wiser choice.
For more details, please e-mail me at cheahyang_0@hotmail.com or visit my website at http://gavin-lim.webs.com

Hi:

Why not going for Unit Trust? Since your expected return isn't too high there's quite a number of funds can fulfill your target. However, unit trust is a mid-term to long-term investment. It's safer to give the investment 3 to 5 years of time to reach your target of return.

ING Funds Berhad offers an actively managed portfolio which is called ING AMP Plus 2. The entry cost is the lowest in the unit trust industry. Moreover, the regular investment strategy is potentially reduces the market entry cost without have to time the market. Some more, a portfolio manager will be responsible for selecting, rebalancing & managing the funds to boost performance.

For detail, please e-mail your enquiry to cheahyang_0@hotmail.com or visit http://gavin-lim.webs.com/unittrust.htm for more info.