Frequently Asked Questions

What is Premium Equity Linked Investment (Premium ELI)?
Who can invest in Premium ELI?
What is the minimum age to invest in Premium ELI?
Are there any restrictions to opening a Premium ELI Account?
What are the benefits of opening a Premium ELI Account?
Can I cancel my Premium ELI deal?
Who might find this investment suitable?

1. What is Premium Equity Linked Investment (Premium ELI)?

Premium ELI is a non-principal protected, equity-based structured investment which offers the investor the opportunity for potentially higher returns.

2. Who can invest in Premium ELI?

Residents

Citizen of Malaysia, excluding those with foreign PR and who resides abroad
Non-citizen of Malaysia who has obtained PR status in Malaysia and resides permanently in Malaysia

Persons, whether body corporate or unincorporated, registered or approved by any authority in Malaysia

Non residents

Any person other than a resident
Malaysian citizen with foreign PR and who resides abroad

3. What is the minimum age to invest in Premium ELI?

An investor must be at least 21 years of age and above to be eligible to invest in Premium ELI.

4. Are there any restrictions to opening a Premium ELI Account?

A minimum investment of RM 250,000* must be placed for any Premium ELI deal.

Other Terms and Conditions apply.
* The minimum investment amount is RM250,000. However, for individuals with net personal assets exceeding RM3 million or its equivalent in foreign currencies, or non-individuals with net assets exceeding RM10 million or its equivalent in foreign currencies, an investment amount of RM50,000 can be accepted.

5. What are the benefits of opening a Premium ELI Account?

A short-term investment tool, with 1 month to 6 months tenure
Attractive interest rates by capitalising on stock movements
Opportunity to buy the underlying stock at a lower price versus current market price at the point of investment
Choice of handpicked underlying stocks* and prices to suit your investment view, risk appetite and return requirement

* The underlying stocks currently available are those traded in the Singapore and Hong Kong Stock Exchanges. However, stocks traded in other stock exchanges may also be available. Please call us today to find out more.

6. Can I cancel my Premium ELI deal?

Yes. However the costs of early cancellation may have the effect of reducing the amount of prinicipal repayable. As such, it is not advisable to cancel your Premium Currency Investment Gold account deal prior to its maturity.

7. Who might find this investment suitable?

An investor who

Wish to enjoy higher earnings in their equity investments / holdings
Seek to earn additional yields with their equity exposure
Seek potentially better pricing in their accumulation of specific shares
Want control over their investments in terms of:
- Choice of Tenure
- Choice of Stocks and Stock Markets
- Choice of Investment Amount

WARNING:
THE RETURNS ON THIS INVESTMENT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING INSTRUMENTS/REFERENCE. THE RETURNS ARE UNCERTAIN AND THE CUSTOMER RISKS EARNING NO RETURNS AT ALL. IF THE INVESTMENT IS REDEEMED EARLY, THE CUSTOMER MAY LOSE PART OF THE PRINCIPAL SUM INVESTED.

Premium Equity Linked Investment is not a deposit but an investment product. Unlike a traditional deposit, Premium Equity Linked Investment has an investment element and returns may vary. The returns on Premium Equity Linked Investment will be dependent, to at least some extent, on stock prices and on movements in specified currency exchange rates. A wide range of factors may affect the price of stocks. Investments in stocks are subject to price fluctuations, which may provide both opportunities and risks.

Investing in Premium Equity Linked Investments and in stocks is subject to investment risks. In particular, your principal is at risk. The value of your investment may fall as well as rise. Past performance is not necessarily indicative of future or likely performance.

This document is for information only and does not constitute investment advice or a recommendation. It has been prepared without regard to the specific investment objectives, financial situation or particular needs of any particular person.

Premium Equity Linked Investment involves an option exercisable by the financial institution, which confers on the financial institution the right to repay the proceeds of the investment at maturity in either cash or alternative instrument, which can then be converted into the stock of your choice. You should consider carefully whether any stock investment is suitable for you, in view of your investment objectives, financial means and risk profile. Investments in stock are not subject to the provisions of Malaysia Deposit Insurance Corporation Act 2005 nor eligible for deposit insurance coverage under the deposit insurance scheme.

Premium Equity Linked Investment is not insured by Malaysia Deposit Insurance Corporation.
If there are discrepancies between the English, Bahasa Malaysia and Chinese versions, the English version shall prevail.