Not to put anyone down, but what is best is to get it directly from the horses' mouth. Give me the questions to ask and I will try and get the answers.
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- Thread starter krafty
- Start date
Not to put anyone down, but what is best is to get it directly from the horses' mouth. Give me the questions to ask and I will try and get the answers.
Ok, where to park your money that gives the best ROI with the lowest risks.
Risk and reward are joined at the hip.
True, higher yields = higher risks and vice versa.
Leong's Points Development Fund has high returns/risk ratio. I'm saving up to invest in it. Hardly any downside to this one.
DBS has bond fund that pays 6%? I'm a Treasures member, and I never hear of such a fund.
Can PM me the details and I check with my Treasures relationship mgr.
Can PM me the details and I check with my Treasures relationship mgr.
I did that yesterday and she told me that she cannot find any info regarding a gold indexed fund that has promised a 6% return either now or at any time during her tenure.
The mystery deepens.
"Promise" is a legal term, in case some don't think so.
http://legal-dictionary.thefreedictionary.com/promise
What private banking are you talking about?
Folks higher up the ladder than those in Treasures. Your RM can expand.
No such a thing.
Ah ok then.
Private banking are for high worth individuals.
Yah thats right. Those with ballpark figure of about 1.5M to invest.
All products that has a FX impact must go thru Treasury. There is no exemption. Gold is not mined and even its is mined here prices are a function of global price.
Private banking is a sales and servicing arm. Borneo motors does not manufacture Toyotas.
All products offered by a Bank to any customer including high value customers on an exclusive cannot be kept be confidential. What is kept confidential is preferential pricing and servicing structure. Peferential pricing does not include product yield. Commission, fees and portion of profit is where customer can be offered deals on personal holder basis.
Any fund, trusts, etc must be published on a daily basis as price moves daily.
Private banking is a sales and servicing arm. Borneo motors does not manufacture Toyotas.
All products offered by a Bank to any customer including high value customers on an exclusive cannot be kept be confidential. What is kept confidential is preferential pricing and servicing structure. Peferential pricing does not include product yield. Commission, fees and portion of profit is where customer can be offered deals on personal holder basis.
Any fund, trusts, etc must be published on a daily basis as price moves daily.
This is true for Citibank, of which I'm a member of its premier club. Never hear of such a thing for DBS though.
Many offshore banks here that do mostly private banking such as Bank of Luxembourg.
They have also. Main office at PWC building. Go look them up.
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