ok noted, my mistake.

for AS1M, if u cant buy the available units. make complaint to PNB.

then u can ask PNB by calling their hotline. I doubt anyone here has more up-to-date info than PNB.

of course pnb knows themselves better but it is the weekend sometimes people on forum do, which is why i asked.
anyway when i check tomorrow will inform you guys so other forumers can benefit.
this is place for sharing...

This post has been edited by aeronic: Feb 27 2012, 01:03 AM

anyone managed to add as1m acc into the cimb clicks?

my does now show so cant add

if u r bumi or indian, u still can do so.

just came back from kaunter utama after lunch,
i went there to syiok sendiri since i don't have anything to top up

i went there with my indian and singh friends and both of them could topup 20k and 120k each. according to the staff there, it is hard to check, sometimes there are indian/chinese units left and sometimes not. for chinese don't need to try the fella said, waste of petrol money since people are chasing it like anything.'

the aunty also shared with us that last week got one indian uncle tried to open AS1M for 1M and he got rejected.

for malay quota for AS1M anyday anytime got. because they tend to go for ASN and ASB, huge number of shares left.

This post has been edited by aeronic: Feb 27 2012, 04:15 PM

when new application for as1m will be opened? any opening left for the chinese?

i am not sure about the new issues for chinese but the existing units for chinese are very highly sought after
it was fully subscribed for more than a year and i heard there was about 5 million free units last week
it should be fully taken up by now

if you are chinese, either get an extremely small value bank draft such as 10k and try to take number at ASNB office and try luck every morning
or if you are a private banking customer keep the money in your account and ask your banker to try at an agent bank

over the counter thru agents such as maybank are all BULLSHIT and all bank managers are especially trained to fake system down and units not available.
they will not even try because the success rate is about 0.x %
plus it is in their best interest to make you not empty your FD and savings from the bank accounts you have with them.

This post has been edited by aeronic: Mar 1 2012, 10:59 AM

Hi, I've been reading up on some posts contributed here. Fresh grad and new to personal financing and would be glad if someone could advice me on the possible 'best' way to place some of my savings in AS1M.

Since I'm working from 8 to 5:30 pm everyday, how should people like me (non-bumi) go about this? Wanted to enquire within banks but some posts did mention about how branch managers do not divulge availability of units even though it is still up for grabs. Rather disheartening to know! (Seems like it's hassle for non-bumi application)

Looks like it's best to just take one-day leave and try to get it sorted out within the day, even if it means going up and down banks, offices and all ;/ Yikes.

Thank you all for the information. Gladly appreciate it!

---

Added on March 1, 2012, 11:42 amAlso, what is the best way to check availability of funds available under AS1M? Is it a better option to call ASNB itself for better transparency?

This post has been edited by yenforyen: Mar 1 2012, 11:42 AM

wow, 20k and 120k.. good for them..
I can't top up, I not indian...
Thanks for your info.. very good indeed.

---

Added on March 1, 2012, 4:05 pmYou very understand maybank, same to me also... maybank are all bullshit..
We both very understand maybank......
Good also, maybank have lot of fans like us..... hehhehe..
Actually what is the max amount for AS1M???

This post has been edited by Mickey C: Mar 1 2012, 04:11 PM

i like to help my random friends and also random people on forum
you're welcome
will update when i find out funds for chinese
as of this evening funds of malay are really really really a lot
if you wanna top up 100K also can

do not generalize!
maybank is a good bank in general, they have many good services
if they are bullshit, do not use maybank close all your accounts with them

however having said that, i was highlighting a particular situation where maybank's ASNB agent services are concerned or rather a certain branch
if you say the branch manager in cyberjaya branch is not qualified enough to be a branch manager, i agree
if you say the branch manager is purtrajaya should be given 2 weeks training to under the maybank's "own product" i agree

there are people i know with 200K, should be no limit
for asw2020 i have heard of people with 2M

---

Added on March 1, 2012, 4:49 pmgo up and down? i do this every month.
cause at the place i try, maybank and asnb is only 200 meters away
you can join me if you want

there is no transparency for obvious reasons
if not all the stock aunties will sure cheong the units already
and phone calls does not work contrary to some people's advise here
and going to the counter asking "ada tak?" also does not work because the revised system does not allow enquiry.
do not waste your time.
the only way to try is to bring the cash or your 50K bank draft and perform a try to put in transaction.
but bear in mind that in case "tak ada" you will need to spend even more money to cash back your bank draft + the hassle.

This post has been edited by aeronic: Mar 1 2012, 04:51 PM

Hey aeronic, haha, well could relate to what you're saying. Lol. Transparency huh. Tsk tsk.

Hmm, the thing is the ASB HQ is in Jalan Tun Razak, but my workplace is in Shah Alam area. -__- how to go up and down so often right. And since most people say it's kinda useless to apply through bank agents hmm.. I do not have an account yet. Would try to open one at Maybank. Registering for an account though Maybank is fine right? haha. If that also they don't layan, then...meh. Double whammy.

What do you suggest Aeronic? Owh thank you for your responses!

i do not have any problem with any agent banks
plus PNB has a branch in Shah Alam, u may try the with the PNB branch there

To open an account not too much of a hassle right? Perhaps I'll just go to the nearest Maybank to firstly sign up for an account. Thanks though!

hi all,

im really a noob at this so would want some advice y\from you pros..
even if asnb not offering any new amanah saham, i can still open an account with asnb first izzit? open the account first then wait until they launch a new line then only purchase? is that so?

thanks for the kind help, arigatou!! )

---

Added on March 2, 2012, 9:01 pmhi aeronic, sorry to disturb, just want to ask if we really need that much money to invest ar? small fry like me may only cough out 1k plus only wor. they will layan ar?

thanks~~

This post has been edited by naturalfood: Mar 2 2012, 09:01 PM

To calculate a balanced portfolio, is ASM, WAWASAN etc consider as bonds? Or just savings? Bonds/Equity % I meant.

Both are fixed price equity funds

there is no fund size increase annoucement for AS1M. Many nexclusive on bumi customers stand by in the banks (with the help of bank staffs) to deposit money into AS1M as and when there is available units. There is no way that can have 500 mil chinese quota available at time.

So they are categorized as bond funds right? Hmmm

No. Bond is bond, equity is equity.
Both bond and equity funds price are subject to price fluctuation.

PNB's funds are unique, it alocates 50% - 90% in equity, and the fund price is fixed at RM1. The return is around 6-7% p.a. regardless bad or good time.

During the good time, extra return will be carried forward. During bad time the brought forward return will be used to pay out so that the annual return could be kept in the range of 6-7%, it is theoritically right. But there is lack of transparency on how much was the accumulated profit were brought forward.