What's happening to my Ringgit?
Understanding FOREX and how it impacts the value of your dollar.
Earn potentially higher returns as short as one week from your preferred currency pairing via the Dual Currency Investment (DCI)
DCI is a currency-based investment that pays an enhanced yield as compared to traditional
deposits. The tenure can be as short as 1 week to as long as 1 month.
Depending on currency pair of choice, investors may face the risk of currency conversion.
However, conversion may be a good idea if the currency is needed, hence, you can earn
additional yields as icing on the cake.
Achieve Your Financial Goals
You could potentially earn
higher returns than the
current deposit rate.
Flexibility
You can determine the strike level
that expresses your market view
and desired risk return characteristics.
Convenience at Fingertips
You can choose your desired
investment period,ranging from
1 week to 1 month.
|
Principal Amount
MYR 50,000.00
|
Investment Period
1 week (7 days)
|
Base Currency
MYR
|
Strike Rate
(USD/MYR) 4.5
|
Alternate Currency
USD
|
Interest Rate
10.00% p.a.
Register your interest and our dedicated team will be in touch.
Visit our nearest HLB branch and talk to our representative.
The minimum investment amount to invest in DCI is RM50,000.
The currency pairing, tenure, interest, and strike rate is set at the point of investment. Upon maturity at the end of tenure, the actual exchange rate will be compared against the previously set strike rate. If the base currency appreciates against alternate currency, your returns will be converted to the alternate currency.
DCI can be considered when you expect a currency to depreciate against another currency in the short term (within 1 month) and you have sufficient capital to invest (minimum RM50,000).
There are no fees applicable to DCI.
You may withdraw your DCI before the maturity via early termination. However, early termination may result in loss as the expenses may exceed your returns.
Warning:
The returns on this structured product investment will be affected by the performance of the underlying asset/reference, and the recovery of your principal investment may be jeopardised if you make an early redemption. This structured product investment is not protected by Perbadanan Insurans Deposit Malaysia (PIDM).
You are not covered by the compensation fund under section 152 of the Capital Markets and Services Act 2007 (CMSA). This compensation fund does not extend to you if you suffer monetary loss as a result of a defalcation, or fraudulent misuse of moneys or other property, by a director, officer, employee or representative of Hong Leong Bank Berhad ("HLB").
Money withdrawn from your insured deposit(s) is no longer protected by PIDM if transferred to a non-deposit account, e.g. Unit Trust, Bond, Dual Currency Investment (DCI), Negotiable Instrument of Deposit (NID) and Floating Rate Negotiable Instrument of Deposit (FRNID), Structured Investment, ASNB, Investment Account-i etc.
This advertisement has not been reviewed by the Securities Commission Malaysia (SC).
Learn, invest and grow with
Fresh Take
Here is some information to help you get started.
Let your money work harder for you in this short term investment product with attractive yields. Regardless of conversion or income
needs, contact your Relationship Manager to structure a suitable solution based on your objectives.
Consider the
My personal or joint net assets with my spouse, excluding primary residence, exceed RM3 million or its foreign currency equivalent; OR
My spouse and I have a joint gross annual income exceeding RM400,000 or its foreign currency equivalent in the last twelve months; OR
My gross annual income exceeds RM300,000 or its foreign currency equivalent in the last twelve months; OR
I, or my spouse and I, have a personal or joint investment portfolio exceeding RM1 million or its foreign currency equivalent in capital market products.
A trust company registered under the Trust Companies Act 1949 and manages assets exceeding RM10 million or its foreign currency equivalent; OR
A corporation with total net assets exceeds RM10 million or its foreign currency equivalent based on the last audited accounts; OR
A corporation engaged in fund management for its related companies and managing assets exceeding RM10 million or its foreign currency equivalent, falls under regulation; OR
A pension fund approved by the Director General of Inland Revenue under the Income Tax Act 1967.
A public listed corporation under the Companies Act 2016, approved by the Securities Commission Malaysia, to act as a trustee under the CMSA and managing assets exceeding RM10 million or its foreign currency equivalent; OR
A partnership with total net assets exceeds RM10 million or its foreign currency equivalent; OR
A statutory body established under any laws, unless specified otherwise by the Securities Commission Malaysia; OR
Register your interest and our dedicated team will be in touch.
Visit our nearest HLB branch and talk to our representative.
The minimum investment amount to invest in DCI is RM50,000.
The currency pairing, tenure, interest, and strike rate is set at the point of investment. Upon maturity at the end of tenure, the actual exchange rate will be compared against the previously set strike rate. If the actual exchange rate is higher than strike rate, your returns will be converted to the alternate currency.
DCI can be considered when you expect a currency to depreciate against another currency in the short term (within 1 month) and you have sufficient capital to invest (minimum RM50,000).
There are no fees applicable to DCI.
You may withdraw your DCI before the maturity via early termination. However, early termination may result in loss as the expenses may exceed your returns.
Warning:
The returns on this structured product investment will be affected by the performance of the underlying asset/reference, and the recovery of your principal investment may be jeopardised if you make an early redemption. This structured product investment is not protected by Perbadanan Insurans Deposit Malaysia (PIDM).
You are not covered by the compensation fund under section 152 of the Capital Markets and Services Act 2007 (CMSA). This compensation fund does not extend to you if you suffer monetary loss as a result of a defalcation, or fraudulent misuse of moneys or other property, by a director, officer, employee or representative of Hong Leong Bank Berhad ("HLB").
Money withdrawn from your insured deposit(s) is no longer protected by PIDM if transferred to a non-deposit account, e.g. Unit Trust, Bond, Dual Currency Investment (DCI), Negotiable Instrument of Deposit (NID) and Floating Rate Negotiable Instrument of Deposit (FRNID), Structured Investment, ASNB, Investment Account-i etc.
This advertisement has not been reviewed by the Securities Commission Malaysia (SC).