Let your money make more money - Part II

Why choose Unit Trust?

Very simple, it is undeniably profitable. Averagely, Unit Trust offers the clients higher percentage of interest which could go up to 17%. The highest return CIMB Unit Trust (Syariah Compliance) has achieved so far was 49.52% through one of its famous funds DALI 1. Amazing, isn’t it?

Believe it or not, many people like to invest their money in ASB which they claim offers 8% certain interest. I would say NO, you guys are completely wrong. If you are a new investor, you wouldn’t get such 8% return unless you’ve been saving for few years and never withdraw a penny from your account then yes you are entitled to the 8%. As a matter of fact, in the year 2008, the inflation rate was surprisingly reached 7.7%. WOW. If you’re concern with the economy, you’ll know how massive the figure is. So those who have been saving money in ASB in 2008, you are actually gaining nothing but a net loss in term of your money value and time.

Another thing, most of us I’m sure are having an EPF account. EPF is such a waste of time. You’re actually being forced to save your money in an account which has a very low return (4.75%) profit. Frankly speaking, I’m not really into this EPF thingy except that the company also contribute fairly huge amount of money to your account. In fact, EPF itself invest the money with unit trust. That’s how they generate more money and yet, where are all the money gone? Hmm, interesting right?

Saving account (1-2%), Fixed deposit (4-5%), Tabung Haji (5-6%) provide investors very low return; so why wasting your money and time investing in such places while there is another opportunity to attain higher return profit. Start invest with CIMB Unit Trust now. Remember, smart people make smart choices. And the choice is in your hands. 

For more information, kindly contact me via e-mail or buzz me anytime you see me online. Start thinking for a bright future. Later.

Let your money make more money - Part I

What is Unit Trust?

“A unit trust fund is a collective investment scheme, which pools the savings of investors with similar investment objectives in a special "trust" fund managed by professional fund managers. The pooled monies in the unit trust fund will then be invested in a diversified portfolio of securities and other assets in accordance with the unit trust fund's investment objectives and as permitted under the Securities Commission's (SC) Guidelines on Unit Trust Funds. 

The investment scheme of a unit trust fund can be illustrated as a tripartite relationship between the manager, the trustee and the unitholders. The manager is responsible for the management and operations of the unit trust fund whilst the trustee holds all the assets of the unit trust fund. The obligations and rights of each of the three parties are specified in the Deed, (a legal document entered into between the manager and the trustee, and registered with the SC). The Deed regulates the duties and responsibilities of the manager and the trustee with regard to the operations of the trust fund and protects the unitholders' interests.”

Okay, pretty long definition huh, but I hope you guys got the idea right there. Unit trust is a smart place to invest your money and the title of this entry explains the money making process. So, why wait until the rich get richer. Start invest now. How? Don't worry, I'm gonna show you the path. For more information, feel free to contact me.

Reference: CIMB Wealth Advisor