Finances

Ever since the beginning of the whole episode of the GREECE problem which caught the attention of the world, do you really know what's the root of the problem? Is it the people? Or, the lack of natural resources? Or, politicians? Let's have a read here... Yup. Many people are saying that the people there are lazy (working less hours) if compare to other European, yet they are enjoying the same quality of living or benefits like counterparts. Then, many analysts said that the lack of natural resources resulting the GDP growth of the country being dampened. Currently, Greece's GDP is mostly based on their shipping business, tourism and production of fine wine and olive oil. But, this is not enough to generate sufficient tax revenue to cover the social benefits provided by government. The root of the problem is this... In order to continue enjoying the great lifestyle, Greece are "financing" it with borrowings from IMF and ECB. Why do so if Greece knows that they ca

Good news to all young and talented fund managers in the country. Securities Commission of Malaysia (SC) further liberalize the capital market by introducing a new category of fund management license recently called " boutique fund management " license. What's so exciting about it? Citing encouraging entrepreneurship and competition within the industry, this new license could propel the fund management business to another height. Below table shows the major differences between full-fledged vs boutique fund management firm: Difference between Full fledged and Boutique fund management frim What's sophisticated investors? It's referring to high net worth individuals and high net worth entities. Gross income must have at least RM 300,000 or net tangible assets of RM 3 million excluding own stay property.

Being a part of ASEAN, we living in Malaysia has seen the growth of the region for the past so many years. Would you like to participate in it? If yes, you should continue read on... How good is ASEAN ??? ASEAN is a dynamic, fast growing group of economies. The ASEAN nations are committed to regional economic integration by 2015, in the form of the ASEAN Economic Community - a trade bloc that envisions transforming ASEAN into an economic entity with free movement of goods, services, investment and skilled labour, with a freer flow of capital. Investing in the fund offers investor geographical diversification whilst leveraging on the growth potential of ASEAN as an economic community. The fund is suitable for investors who are seeking long-term capital growth on the amount invested, who are willing to accept equity risk to obtain potentially higher returns and who want to have investments in the ASEAN region. What can this fund offering you? Click here to download the fund prospectus.

Recently, there is a purported IKEA survey and contest which promises FREE IKEA gift card worth RM5,000 spreading across social media, particularly Whatsapp messaging application. It's just another phishing scam survey? Yes. This was confirmed by IKEA Malaysia via their Facebook page, stating that they are not associated with such activities and advising public not to share their personal info via the link. How was the message like? You will receive a Whatsapp message stating: "Look http://...... /ikea-giftcards " from your friends Once you clicked the link, you will be landing in a page like above. Answer a few very simple questions. Then, you will need to share this survey with 10 friends via Whatsapp and fill up your shipping details in order to get the gift card. So, don't become the victim and spreading the fake survey. Instead, you should share this message to your friends. Thanks.

Dividend funds have been the favour of investors when uncertainty of markets take place. The current situation of the market is just like that. What's the strategy of the fund? This new fund seeks to provide income by investing in a portfolio of stocks which offer or have the potential to offer attractive dividend yields. The fund maintains equity exposures within a range of 75% to 98% against its Net Asset Value (NAV). Meanwhile, the balance of the fund's NAV will be invested in fixed income securities and liquid assets which include money market instruments and deposits. How about foreign exposure? To achieve increased diversification, the fund may invest in equities and fixed income securities of selected foreign markets of up to 25% of fund's NAV. In the other hand, the benchmark of the fund are as follows: 90% FTSE Bursa Malaysia Top 100 Index (FBM 100); and 10% 3-month KLIBOR Having said so, this fund is meant for medium to long term investment is suitable for those