Dividend is based on monthly rest thus calculate based on the lowest balance of each month.

ASM is a fixed price price fund of RM1 per unit, how can it dropped below the par value?
Your RM10k will still be there. Equity performance will affect the dividend payout but not your principal

I think he is worried about no money to withdraw.

Thanks bro. Appreciate it very much. Typo there from me. It is supposed to be as1m, not asb

You are welcome.
Be it As1m or ASB, all fixed price calculation is the same.

Ok. good to know. thanks bro

Hi, this may be a noob question since i'm very new to all this but does the quota apply to the bank branch only or all branches? Do all banks sell this?

I went to Maybank a month back to enquire about ASN, AS1M & AS 20-20 but all are full.

Racial Quota applies nationwide.... not bank/branch quota. It's a central system via PNB

You have to have an account so that you can 'try bank-in' at the ASNB agents counter..

Without the account, you dont even stand a chance to try to bank in.. Sometimes I try over the counter, that the answer will be either non-bumi quota full, or successful transaction..

If you go open account, they will definitely straight away say all units sold out.

Wow, what did you collect? Its not available at website?

Hi bro.....I just got my account opened last week but can deposit 100 only..... the guy in asnb office told me must be lucky to at least open an account....2 days ago I went to Maybank branch and could deposit 6 k.... just in one try..... its actually full already but anyone sells it at the right time we canget it.... anyway I'm new also....

May I know which account that you have opened?

as1m?

are you bumi or non bumi?

asn for bumi only...and for your info, ASN never sold out...can buy anytime..
as1m for bumi also a lot , a few million i think...
asw bumi, i just top up today for 1k at maybank jalan raja laut,this one can try and error lor...

Thanks, so are we able to check anywhere whether the quota is available at which bank/branch?

This post has been edited by silverwave: Jun 21 2013, 10:54 PM

So does it mean the account has to be opened way earlier and kept until the quota is available?

Non bumi. I thought ASB is the one for bumi?

It is all in the www.asnb.com.my
which funds are for bumi only and which funds are for all

Thanks.

Once you have the account which should be opened earlier, you can try over the counter any time you want..