if i want to invest in AS1M at maybank, do I need to bring cash? can transfer from my saving acc?

for me ,AS1M is just a funny fund. in the website say it is equity fund type. but the return is just like bond type fund... and expected return is so low.

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Added on August 6, 2009, 4:54 pmalso the interest is lower than my housing loan interest... why shall i invest in it?

I DON'T CARE WHAT PEOPLE SAY ABOUT PNB UNIT TRUST.... IT IS AMONG BEST MANAGED FUND IF NOT THE BEST IN MALAYSIA...
WHO WILL GIVE YOU AVERAGE 6 - 10% DIVIDEND RATE (NON BUMI LAR, ASB FOR BUMI ONLY!) EVEN IN THE BAD ECONOMY TIME. PNB CAN PAY AROUND 9 - 12 % EVERY YEAR BUT INSTEAD PAY 6 - 8 % AND KEEP THE REST AS RESERVED FOR BAD YEAR. IF I IN THIS POSITION, I WILL USED UP ALL THE MONEY IN THE GOOD YEAR FOR MY ENJOYMENT...HEHEHEH

ANOTHER STORY,  SOME OF MY FAMILY MEMBERS HAVE LOST THEIR MONEY IN THE "BANK BACKED - UNIT TRUST FUND". THEY ARE VERY ANGRY. BUT HOW TO COMPLAINED, THEY HAVE SIGN THE AGREEMENT & STUCK WITH IT.  LUCKILY I DIDN'T JOIN THE UNIT TRUST.

SO THE CONCLUSION IS TRY TO SEE FIRST THE UNIT TRUST FUND. YOU CAN SEE THEIR PROSPECTUS AT THE WEBSITE. READ THE FIND PRINT. DON'T LISTEN TO PEOPLE. THINK YOURSELF. YOUR MONEY YOUR DECISION.

IF YOU A RISK TAKER, JUST INVEST AROUND RM100 (MIN)  - RM1000 (MAX)  FIRST AND SEE THE PERFORMANCE OF THE AS1M FUND (NOT RECOMMENDED TO OLD PEOPLE / WARGA EMAS / PENSIONERS / HOUSEWIVES ETC.)
HAPPY INVESTING PEOPLE...
THANK YOU.

ASM is fully subscribed, be it Bumi or non-Bumi. As for ASW2020, billions of ASW2020 Bumiputra units still available.

Many Maybank staff got attitude problem, not just the KL Sentral branch