QUOTE(yahiko @ Aug 6 2009, 02:03 PM)
Can~ you must fill in the withdraw/transfer form. But don't know they got charge or not like other bank.
No charge.AS1M, ASM, ASW, ASB V2, PNB fund
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Aug 6 2009, 02:29 PM
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Aug 7 2009, 07:04 PM
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#2
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QUOTE(cherroy @ Aug 7 2009, 05:19 PM) Yup. If like that (NAV fall to RM0.50) , first come first serve loh (since fixed price)... then you will see even bigger crowd queuing outside the banks They will try their best to give some rate much higher than FD rate if can, to avoid redeemption as well as confidence issue. Having said that nothing is for sure, that's why there is no stated capital guaranteed nor any rate guaranteed or any indicator to state how much they will/can make. If not (cannot give higher rate than FD), then redeemption can happen which by then might be problematic for them if equities investment value goes down. They don't scare people redeemp if their equities value goes up, as its NAV of the fund might go to 1.10 but you still redeemp at Rm1.00. They earn 0.10 from you if you redeem eventually they can use the 0.10 profit made to pay the rest at higher rate. Only problem will occur of there are massive redeemtion when their equities value goes down a lot like its NAV has dropped to Rm0.50. But if the fund can pay some rate higher than FD let say 5%, then no people will redeem. Kinda funny, right? But this is the reality. Sound cruel... but I have no ill-intention... I avoid this, personal opinion only... Your money your decision... This post has been edited by htt: Aug 7 2009, 07:05 PM |
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Aug 8 2009, 12:35 PM
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QUOTE(cheahcw2003 @ Aug 8 2009, 12:58 AM) More Than 1.4 Billion AS1Malaysia Units Sold August 07, 2009 19:50 PM This is delighting news indeed, at least clear most of the doubt... Since units of AS1M is fixed at RM1 at all times, it is not defined as a "capital guaranteed fund" because by definition of the Guidelines on Unit Trust Funds, a "capital guaranteed fund" would guarantee investors the capital invested only if units are held until maturity, explained PNB. Fixed price fund meanwhile does not have a maturity date, and therefore its unit is fixed at RM1. --BERNAMA Bernama link is at http://bernama.com/bernama/v5/newsbusiness.php?id=431100 |
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Aug 8 2009, 12:54 PM
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Aug 9 2009, 06:29 PM
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» Click to show Spoiler - click again to hide... « Good post This post has been edited by htt: Aug 9 2009, 06:32 PM |
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Aug 12 2009, 08:28 AM
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Aug 12 2009, 05:02 PM
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Aug 13 2009, 04:21 PM
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Aug 14 2009, 01:32 PM
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Aug 19 2009, 07:39 PM
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Nov 15 2009, 09:40 PM
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QUOTE(hackqym @ Nov 15 2009, 10:09 AM) I open ASW 2020 account in 1996, since then i never changed my book because never take out the money. I read at the book cover stated that u can only withdraw only 4 times per year. I dunno whther it still applied now or not Withdraw 4 times a year? Don't think they care about that... |
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Jan 6 2010, 02:55 PM
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QUOTE(donpapachino @ Jan 5 2010, 12:18 PM) i did take up asb loan 3 years ago using maybank 'fixed amount' standing instruction. cant remember the BLR rate back then, but since the BLR have been reduced, i have been paying more than the required amount. BLR lower, excess used to pay up the principal sum;seems that i cant change the standing instruction to fluctuate according to BLR, but just that my loan tenor might be shortened since i pay more. but if BLR increase, then tenor will be longer. BLR higher, maybe can do a lump sum payment. |
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