MyKapital
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  • MyKapital
  • FAQ - General
    • What does "interest" mean in the context of an SSM Interest Scheme?
    • What is SSM Interest Scheme?
    • What is the nature of schemes allowed under the Interest Schemes Act 2016?
    • What is the role of the MyKapital platform?
  • FAQ - Investor
    • Who can invest in Interest Schemes on MyKapital?
    • Can foreign investors participate in the interest scheme?
    • How do I create an account on MyKapital?
    • How can I invest as a corporate investor?
    • Do I need to pay any fees to register and start investing?
    • Is my information secure on MyKapital?
    • Can I change my mind and withdraw my investment?
    • What is the cooling-off period?
    • When will I receive the refund if I withdraw during the cooling-off period?
    • How much can I invest?
    • What should I do if there is a transfer limit for DuitNow or FPX?
    • Are investments on MyKapital guaranteed?
    • Can I invest in multiple schemes simultaneously?
    • How does MyKapital ensure the legitimacy of Interest Schemes?
    • Does MyKapital provide investment advice?
  • FAQ - Issuer
    • What is the minimum paid-up capital required for an issuer to raise funds through an interest scheme
    • What is the procedure for my business to raise funds through an interest scheme?
    • Can issuers concurrently raise funds through other alternative financing methods such as ECF or P2P?
    • When will the issuer receive the funds invested by investors in the scheme?
    • What is the duration allowed for an issuer to raise funds?
    • What are MyKapital's charges?
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  1. FAQ - Investor

Are investments on MyKapital guaranteed?

No, as with any investment, there are inherent risks, including the potential for the management company to underperform or fail, which could lead to the loss of some or all of your invested capital. Furthermore, interest schemes may not offer easy liquidity, meaning they may not be readily sellable. Prospective investors are advised to carefully review the details of each interest scheme and conduct a thorough risk assessment before committing their funds.

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Last updated 4 months ago