Hong Leong Investsafe gross returns at 4.25%
Hong Leong InvestSafe has consistently produced gross returns higher than fixed deposits since its inception three years ago.
"The current gross returns on the InvestSafe II, which was launched in December 2008, is 4.25 percent per annum for 36 months tenure," said Ms Moey Tan, Chief Operating Officer, Personal Financial Services.
Hong Leong Bank is the appointed strategic partner of Amanah Raya Berhad, a public trustee company, wholly owned by the government, to market Hong Leong InvestSafe II.
Hong Leong InvestSafe II is a Trust deposit where customers who make a placement would potentially enjoy steady growth and enhanced returns on their investments. It is an investment solution for those who are seeking medium term, secure investment with capital protection and consistent dividend payout.
Hong Leong InvestSafe II is also a flexible product as it can be withdrawn at any of HLB Branches nationwide and early partial withdrawal is allowed at a fee.
Currently, the Hong Leong InvestSafe II is only limited to RM300 million and is only available at HLB. To date, there is only a balance of RM100 million left of this trust deposit.