*1 GLD unit represents 0.1 unit of XAU. XAU is the international standard currency code for 1 troy ounce of gold. 1.00 (one) XAU represents 1 troy ounce of gold, which is equal to 10.00 units of GLD (calculated to two decimal places after the second shall be rounded off).
Pricing Risk: GLD buying/selling price quoted shall be determined by the Bank at its sole and absolute discretion taking into account all factors it deems relevant including the prevailing world and local market price conditions for XAU, gold, the exchange rate between United States Dollar and Ringgit Malaysia.
Market Risk: Your investment will be exposed to market forces and volatility. Due to unforeseen market movements, you may sustain substantial losses on the investment if market conditions move against your favour.
Returns Risk: As a result of the above market risk, prices of the gold may fluctuate daily and customer will make capital gains if the international gold price appreciates above the customers initial placement or principal. However, there is no certainty that prices will go up and it may even fall.
Principal Risk: Due to the result of both the market risk and returns risk explained above, you may not receive the same amount as per the initial placement (principal amount), when you decide to withdraw the GLD from the account and subsequently converted to MYR.
THIS IS A NON-PRINCIPAL PROTECTED PRODUCT AND IS A NON-INTEREST BEARING ACCOUNT. THE RETURNS ON THIS GOLD ACCOUNT IS SUBJECT TO THE GOLD PRICE/XAU FLUCTUATION. THE RETURNS ON THE GOLD ACCOUNT ARE UNCERTAIN AND CUSTOMER RISKS EARNING NO RETURNS OR EVEN A POSSIBILITY OF INCURRING LOSSES FROM THE ORIGINAL PLACEMENT AMOUNT.
THIS PRODUCT IS NOT PROTECTED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.