HLG Unit Trust Bhd. launched Asia-Pacific Property Income Plus Fund. It has a total approved fund size of 600 million units, priced at 50 sen per unit, during the initial offer period from Aug 8 to 28.Fund objective:The Fund aims to provide investors with the opportunity to enjoy regular income distribution and seek long-term capital growth by investing into a diversified investment portfolio containing a mixtureof fixed income securities and structured derivatives/options. The structured derivatives/options is linked to a broad range of property related equity securities and Real Estate Investment ...

After Tune Money Sdn. Bhd. signed a memorandum of understanding (MoU) with Pos Malaysia on 13 Aug 2007, we can expect more people lining up at 672 post offices in Malaysia to pay for financial products. Good news indeed for those who hate credit cards, or don't know how to pay online. Under the MoU, Tune Money will evaluate Pos Malaysia as a potential card distribution and payment collection partner. Tune Money is a company providing financial services over the internet. Is it necessary to provide off-line payment? If you ...

I am so glad to receive an email from a young reader, Sam ( not his real name): Hello,I am glad to find a financial blog by Malaysian. I would love to ask advice from you regarding my financial planning. :-) I am now 25 year old student but I plan to start investing next year after I graduate. I plan to use mutual fund as my financial vehicle. I plan to invest at least RM1,000 per month in fund and I plan to retire within 5 to 15 ...

2007 Astro 新秀大赛 (Astro Talent Quest) was held at Penang International Sports Arena ( PIZZA hut PISA) on 11th August. I got the entry ticket from one of my client, Mr. Sea who is also the vocal coach of the entire event. I never thought of wanting to watch the show live, because I didn't install Astro package and already missed all the pre-final shows. Once again, thanks to my friend Mr. Sea for the free tickets.Since PISA is just a walking distance from my house, we were not in ...

Malaysia is going to celebrate her 50th birthday on 31st August 2007. There are national flags hung everywhere - in shopping mall, houses, and cars. If you are a patriot, would you do the thing shown in the picture? I love my country. But I certainly love my money more, ............and my car. Image: Patriot's car

Follow up to the inquiry from one of this blog reader who wants to know more about zero-coupon negotiable instruments of deposit (ZNID) and capital guaranteed fund, we will discuss the features and benefits of investing in capital guaranteed fund in this post. Definition of Capital Guaranteed Fund (CGF) CGF is an investment vehicle offered by certain institutions that guarantees the investor's initial capital investment from any losses. When you invest in a CGF, it is guaranteed that you will not lose any money provided that you didn't redeem your investment before ...

I received an email from a reader who is asking my opinion on investing in unit trust. Hi KC,I have few question that like to ask for your opinion. Currently i just want to start to make investment in unit trust, i have heard few unit trust that with capital protected guaranteed fund. I was attracted to the capital protected features but i have to lock my fund for 3 years with projected return of 6%-8%. They will invest in Zero-coupon Negotiable Instruments of Deposits (ZNID). May i known what ...

It has been suggested the British government should include personal finance as one of the school subjects.This would ensure that young people in Britain become as well versed in savings and loans as they are in algebra and Pythagoras' Theorem. Indeed, government statistics show that 26,956 people became insolvent in the second quarter of 2007 - an increase of 4.2 per cent on last year.Reported at Fair Investment Company. I have the book written by Robert T.Kiyosaki,  If You Want to Be Rich & Happy: Don't Go to School? sitting ...

Investment-linked plan (ILP) is probably the first life insurance policy you buy in Malaysia if you are below age 30 this year. The new business premium collected for ILP will exceed traditional policy in the very near future. In this article, I will show you a special add-on rider that makes ILP stands out as the most wanted policy by young people. This feature is called "investment replacement". What is a life insurance rider?A life insurance rider is insurance that: is attached to a policy of life insuranceadds specified events ...

It is a common practice when anything happen to us that we think is eligible for insurance compensation, the first thing we do is calling our insurance agent. A good servicing agent will assist you with all the documents. They will meet the doctor, fill up your form, get your document certified and submit it to insurer. Superb level of service isn't it? All you have to do is only to sign a few forms of claimant. However, please appreciate what your insurance agent do for you. That's a lot ...