Fixed units which mean, when you purchase 10,000 units at the price $1.00 each, the total payment will be $10,000 for your 10,000 units investment value. This type of fixed units won't change in future, let say, you sold out after 5 year, you still can redeem your $10,000 plus the dividend without losing any single cent as long it is backed by the company itself.

None fixed unit prices, which mean it NAV (Net Asset Value) will change each days, let say today price per unit is 1.3278 per units with sales charge 5% impose, you buy with $10, 000 and with the calculation as follow,

Sales Charge 5%
$10,000 / 1.07 = $9345.79

So, how many units you bought with your $10,000,

$9345.79 / 1.3278 per units = 7038.55 units total you purchase


The reason i put 5% sales charge is because ASNB charge with that rate, except use your EPF which will be much lower such as 3% while fixed funds is 0% except yearly management fees.

Conclusion,
$10,000 for fixed units will gain you 10,000 units, while non-fixed units will depend on daily fluctuation price. With this daily fluctuation rate, you will be expose to earn more or lose.

If you plan to save it for a while till this March,
Of course the answer is fixed deposit, choose three month tenure,
ASB fore sure, is better but in order to gain the dividend return, you need to wait till end of this year in order to get it.

No, it not same. $1 fixed unit trust doesn't mean it same with saving and fixed deposit. fixed deposit, is like you lend your money to an institution, the reason they offer interest is to lend it to others while charge more higher interest, or buy liabilities or assets to increase the institutional profits such as machinery.

While dividend is not guarantee, if the company not making any money, they have the rights not to issue dividend, dividend return can be declare in monthly, quarterly, half yearly or yearly without pro-rated while fixed deposits and saving is pro-rated.

Even those, they're same but doesn't mean they really same because want to make it simple, as they still gave return without losing money. but the main right here, is Amanah Saham can be not fixed funds at any moment depend company just like 1990 case.

Farur,

I had explained it on the first place, the answer is fixed deposit because you're gonna to put it for a while, fixed deposit only give interest, dividend and interest are different. ASB only declare dividend at the end of each year financially.

Mickey C,

It's a wrong thread, this thread only for Pemodalan Nasional Berhad (PNB).

DanaInfra Retail Sukuk is $100 per units, minimum subscription $1000 which equivalent 10 units.
Profit payment and principle of payment are guaranteed by governments. This exchange traded sukuk expected to yield 3.7% per annum but the yield figure haven't yet decided.

More info,
http://www.maybank2u.com.my/
http://www.danainfra.com.my/
http://biz.thestar.com.my/news/story.asp?f...05&sec=business
http://biz.thestar.com.my/news/story.asp?f.../20130108111736


Forum,
http://forum.lowyat.net/topic/2659360

Retail sukuk knowledge pack,
http://www.maybank2u.com.my/WebBank/DanaIn...uk070113_KP.pdf

hader777,

ASB give a return an average 8%, not everyone can invest in ASB, this fund only opened for bumi, minority races or Malaysian who hugged Islamic religion, which is a disadvantage. This fund is good especially for those low risk investors, the other disadvantage is no chance to capital gain such as appreciation of your units, which is capped at $1 per units.

if you're aggressive investor and would like to gain a return 15%, you can think of invest in high yield dividend stocks, blue-chips and share. With these, you will be expose to capital gain, or known as "price risk" a chance to sell share at much higher price. the sustainability depend on what type of person he or she going to invest. The only disadvantage for ASB, is you need to be patient to pick the fruits of return over year for long terms.

Ruben7389,

Frankly, this is my first time heard about this, are you sure this Amanah Saham Malaysia (ASM) can be invest into EPF account or ASM investment services berhad, because based on their website, the only fixed funds which can be invest into EPF is only AS1M funds.

This post has been edited by adolph: Jan 17 2013, 01:16 PM

Petre,

Yes, but he claimed that someone told him EPF can be invest into ASM. For the info, ASM already fully subscribed either to Bumi races.

If the return failed to capped with the interest, then it will be a nightmare for those applied this ASB Loan. Based on the chart, dividend return for ASB always going downtrend in the long terms. If anything happen, be prepare. Just in case, nothing is guarantee in future.

This post has been edited by adolph: Jan 21 2013, 07:52 AM

Yes, but there's still some minority who doubting about it. There's no right or wrong on this matter, they have the right to see from different perspective.
I'm waiting for another funds, especially new funds or fund increment so that people don't have the chance to invest previously can invest for it.

At the moment if the fund not available, still buying bonds, commodity and variable fund such as Amanah Saham Gemilang to invest.

This post has been edited by adolph: Jan 27 2013, 06:59 AM

Amanah Saham Gemilang, is the best fund for non-fixed units especially for non-bumiputera, if anyone check "total average return" with benchmark value. For 1 year, 3 year and 5 year. Amanah Saham Persaraan is the best fund performance compare Amanah Saham Pendidikan, Amanah Saham Kesihatan and Amanah Saham Nasional 3.

1 year = total average return 22.19% with 9.13% as the benchmark value.
3 year = total average return 13.32% with 6.46% as the benchmark value.
5 year = total average return 9.42% with 4.02% as the benchmark value.

This fund yielding at 9% average return for the past 5 year. while Amanah Saham Nasional 3 is the lowest fund return for total average over 5 year.

Guy3288,

if you're comparing fixed unit funds with variable units, you cannot compare them as they provide more safety return that more acceptable to the public. however, if you want better return, variable funds will be your choices.

Zen-X,

Just download the prospectus for ASB from their website, and you will find these fund invest by not following syariah policy. That's why some of them just invest in tabung haji funds.

Anyone investing in variable fund such as Amanah Saham Gemilang and Amanah Saham Nasional 3. The dividend per year at least 5.5% per units/sen, recent year is 7.00% per units/sen, net asset value fluctuate still around $1.10 per units since 5 year ago except year 2009 which NAV lowest is 0.7552 to 0.9825 per price unit.

This post has been edited by adolph: Jan 31 2013, 02:21 PM

Zephyrus9999,

Fixed deposit is principle guaranteed by Bank Negara, but Amanah Saham Nasional Berhad (ASNB) is not guaranteed by Bank Negara, because it an investment companies. These companies only guaranteed they will return a same face value if you purchase fixed fund units. For Amanah Saham Gemilang, it variable and almost same with ordinary mutual fund companies. The return are not constant, the minimum return since inception of this fund at 5.5% per units yearly, the reason for last year return slightly higher due to the 1% management fees, the correct should be 1.5% management fees, but they're charging lesser for last year when dividend declared.

This post has been edited by adolph: Feb 4 2013, 08:51 AM

Doneright,

that's correct, that haven't calculate the fixed deposit itself which a small number percentage, Malaysia inflation rate of an average 3%, which lower 2% below at the end of 2012. the interest itself can't even beat inflation rate. In the long term, the true face value of the money is a depreciation assets, by having a lot of money but no value which backed by pillars and losing the true status of printed money.

Davez89,

It a simple question, Eurasian is considered a minority group and allowed by our prime minister to invest in all ASNB fund units including ASB fund, as long you possess an identity card. However, these eurasian are minority groups and not considered as bumiputera. Hence, classified as non-bumiputera quota and such eligibility will be opened.


Info,
http://www.asnb.com.my/english/eligibility.htm

Solsekuin44,

You can take a few minute and surf the internet as provided below, it will be stated everything on the website, you can also ask a bankers about these information as they provide quick access to your doubt, it is your investment.


Info,
http://www.asnb.com.my/ebanking.htm

Solsekuin44,

When dividend already declare to the public, which equal once a year or every time when you top up an amount into ASB funds, make sure the resit and investment books fully updated before leave the counter.

Solsekuin44,

It is not necessarily, only for your own convenient especially for the 3d party such as bank agents, you may choose to update your passbook in future. It only to avoid errors and misinterpretation in case anything went wrong, to show that you had purchase an amount of units, as an evident just like a print receipt when you're buying goods and share, same in real life.