Wednesday, February 17, 2010


Merancang perbelanjaan adalah langkah pengurusan kewangan yang bijak tidak kira sama ada gaji anda besar ataupun kecil. Di antara kesilapan yang sering dilakukan berkaitan duit ialah terlalu banyak berhutang, lambat membayar bil dan tidak menyimpan wang untuk kegunaan masa depan. Anda boleh mengelak daripada melakukan kesilapan yang sama dengan mengawasi tabiat berbelanja anda...



Why gold?
Whether as a stepping stone into the physical market, or as a move to diversify your investment portfolio, gold offers strong benefits to an investor.

1.Gold offers secure value and is easy to invest.
Historically, the value of national currencies may rise and fall but the value of gold remains remarkably stable. Gold fulfils the function of money and is accepted worldwide as a form of payment. You don't need a huge sum of gold to begin investing gold bullion coins, for example, can be purchased from weights as low as a quarter troy ounce.

2.Gold is the most liquid asset.
Gold can be readily bought or sold 24-hours a day in one or more markets around the world. This cannot be said of most investments, including stocks of the world's largest corporations. In addition, the trading spreads on bullion are generally narrower than the spreads on stocks and bonds (which are considered liquid assets).

3.Gold diversifies your portfolio.
Gold's low-to-negative correlation with stocks and bonds makes it an excellent portfolio diversifier. In fact, many financial advisers recommend keeping 5% to 10% of your total assets in gold. With gold, you can help offset market fluctuations and reduce volatility

MAYBANK Gold Savings Passbook Account
An investment account that lets you make deposits and withdrawals in gold based on daily gold prices at any Maybank branch
Minimum deposit:

Trading unit:
Minimum 5gms in multiples of 1gm

999.9 gold
•Convenience of deposit, withdrawal and closing of GSPA account at any Maybank branch in Malaysia
•Introduced by the country's largest bank, 100% backed by physical gold and in collaboration with the World Gold Council
•Cheaper as gold prices quoted are pegged to international gold prices without additional charges
•Ability to build a personal gold portfolio by purchasing gold in small amounts (minimum 5gms) regularly over a period of time
•Opportunity for capital gain if the price of gold appreciates
•Possible hedge against inflation
•Easy access to account details and transaction history via for GSPA individual / joint account holders with access.
Who can apply
•Joint account – maximum 4 persons

How it works
The Gold Savings Passbook Account (GSPA) is an account that lets you invest in gold in a convenient, more secure and cheaper way. You can purchase gold in 999.9 fineness at all Maybank branches at daily quoted gold prices for 1gm in Malaysian Ringgit. All transactions will be recorded in your GSPA passbook.

Whenever you need to, you may conveniently withdraw from the GSPA at the prevailing gold price in the following ways:

•Physical gold: Gold Wafers @ 10, 20, and 50 can be withdrawn at selected branches. A conversion charge to cover the shipping and insurance will be charged for the physical gold withdrawal
•Cash: The amount of gold holdings can be converted to Ringgit Malaysia at the prevailing market price. The amount in RM will be credited into your Maybank deposit account



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.