On 9 July 2010, CIMB listed two new ETFs on KLSE. These two new ETFs are CIMB FTSE ASEAN 40 Malaysia and CIMB FTSE Xinhua China 25. This is Malaysia’s first offshore ETF.
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On 9 July 2010, CIMB listed two new ETFs on KLSE. These two new ETFs are CIMB FTSE ASEAN 40 Malaysia and CIMB FTSE Xinhua China 25. This is Malaysia’s first offshore ETF.
ETF is gaining popularity sooner or later just as REITs in Malaysia become investor favorite since Sunway listed its REIT and followed by Capital Malls in July. ETF become hot investment vehicle in foreign country because of its several advantages on stock and unit trust. Since 2002, assets held in ETFs around the world increase more than fivefold while the number of global ETFs increased more than eightfold.
Exchange Traded Fund aka ETF is another investment tools which track index performance. It is the same as index fund in unit trust. The fund invest in a certain group of stock, bond or any market instrument and track its performance using index.
Earning money is never an easy task. You contribute your energy and time to earn money. That is why we called that “hard earn money”. However, you still can see some of your friends do investment on things that depreciate in value as time pass. Below are few things that fresh graduate likely to invest instead of stock market, property and precious metal.
Amanah Saham Malaysia (ASM), a unit under Permodalan Nasioal Berhad (PNB) had declared a 6.30 sen per unit dividend to it shareholders with financial year end 31 March 2010. There is improvement of 0.05 sen compare to 6.25 sen per unit in 2009. ASM actually can pay 7.30 sen to shareholders but they had retain 1.00 sen for future investing purpose. Therefore, only 6.30 sen paid to shareholders.
Gold price had increase steadily start from 1955 with only $35 until current gold price with $1100 plus. The most important thing is gold price is forecast will break $2000 level in 2010. Recently, George Soros had bought large sum of gold through his managed fund. secondly, demand from China and India is gradually increasing as their nation economy increase by near double-digit annually. Thirdly, investor start to look for hedging against green note after the subprime crisis happened in 2007.