because i read it somewhere about the limits of withdrawing ASX products thru certain counters, thats why see if anyone can share their experience here. due to the incompetence of certain cimb staff that i need to resort to this method, transfer and cash out thru cheque does sounds good as advised by cheahcw2003. highly appreciate for the helps, thanks again guys

This post has been edited by elru: Feb 7 2010, 11:20 PM

just wondering is ASW2020 unit still available now?

Only the Bumiputra portion.

Guys, wanna ask can I still buy AS1Malaysia ? (Chinese)
If can, where should i buy it from ? should I go to pos office, or bank or PNB direct ?

should be still available, anywhere also can bank,pos office or PNB

ok, direct cashed out today thru cimb counter, no problem ; )

ok, thanks!

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Added on February 11, 2010, 10:52 pmYes, still available for non-bumi.
Pos office, PNB, RHB, Maybank, CIMB.

This post has been edited by frankzane: Feb 11 2010, 10:52 PM

Oh. Meaning that the bank will not give us a certificate, even a photocopy?

Invest in ASB...I invested unit trust 2yrs ago now still losing money...

true! Even Public Mutual is still in -ve territory...

Yup.. if ur bumi, the best safe investment vehicle is ASB. Dont look anywhere else until u max out ur account.

No really. It depends on luck and timing. If somebody withdraws, you can jump in immediately. I managed to buy some 4,000++ units last week.


The quota has been lifted. If you are a Chinese, you can buy it from all participating agents in PNB offices, post offices, CIMB, RHB and MBB. I still topped up some last week when I supposedly used the fund to top up my ASW. However during the time, only 4,000++ ASW units were available.

regarding asb, let say for this march, is it true that lowest amount in a month

is calculated from 10th march to 10th april..

means if i deposit on 9th march, the new total value is considered as lowest

amount in march

just open an account & bought 1000 units in ASB yesterday

maybe not much, but I feel happy somehow, haha dunno why

hi there, so in general, for non-bumi cautious investor and not seeking very high profit like in Unit Trust ('koz can't take too high the risk)...
ASM vs ASW2020 vs AS1M ... which one is better option ?

Easier decision for you. For ASM and ASW2020, non bumiputra quota is book, the only choice for u is AS1M

i would some view points based on wider perspective ..

No choice, non-bumi portion all sold. Go for AS1M before it's finished. Like W2020 before fully sold it's not taht popular. After the non bumi portion all gone everyone rush for it.

wider perspective??? probably u can study the annual report of each funds that u mentioned, it is downloadable from ASNB's website.
The report showing what r the historical performance/dividend payout for the last 3 years. and what also what are the shares counters that they invested in, bearing in mind these are equity funds.

Ok here is a summary of ASM2020 for 2009, ASM1M report not out yet.

Holdings - 60% equity, 40% Fixed Deposits Equities is overweight in Financial and Service counters

Shareholder's capital - RM 11,015,100,000
Earnings - RM 689.44 million
Management fees - RM 122.25 million or 1.02%
Net earnings - 567.21 million
Net earnings margin - 5.15%

Dividend - 587.7 million with 20 million of retained earnings from last year
Dividend - 6.3 sen per share net
Dividend payout = 103.61%

If you invest in unit trust with 60%:40% ratio you will be paying approx = (0% x 0.4)+(1.7% x 0.6) = 1.02%
The is no cost advantage vs. investing in unit trust which is negligible for earning of 5.15%. Also you might save 1%-2% for a one time transaction costs only.

The only advantage it the fund is tax free until 2016. Bumi lots remains largely unsubscribed. For ASM, the holdings are almost the same except that they have slightly higher equity holdings at 67%, management fees and dividend also similar.

For me the fund is not worth it to me to line up and beg for it, have a quota basis and have maximum investment value for a paltry 5.15% earnings. I always wonder why the uncles and aunties all rushing to buy it? Hysteria or mass media? The only good fund is ASB, with very very low cost and lots of government help. If you are not entitled for ASB, then might as well go for other fund houses. Or even buying REITS on the share market nets you higher dividend than ASM or ASW2020.

This post has been edited by gark: Feb 24 2010, 01:02 PM