Yes, they will still charge RM1 regardless of success.

Based on your LYN username, you successfully added EXTRA Non-Bumiputra AS1M units via CIMBClicks, right ?

What's LYN?? Yes, i added EXTRA Non-Bumiputra AS1M via CIMB clicks.

fixed price unit price doesnt make sense. if unit price doesnt change, then it means NAV does not change if there is no additional units. then how sudddenly can fund can announce dividend? its like money suddenly fall from the sky. its just too shadowy, to me at least

Did you get your AS1M passbook updated to reflect the new units ?

Not yet. Perhaps in 2-3 days time to confirm the transaction.

As previously we shown the message from CIMB is:
ASM, ASD and ASW2020 fully subscribed. It doesn't mention about AS1M. Maybe they did not managed to put the Bumi or Non-Bumi restrictions on AS1M yet? So it works regardless of Bumi or Non-Bumi.

Do let us know the good news... then we have another method to apply for AS1M

I didn't say ASG is a fixed price unit funds. For fixed fund price, the units are transacted at a fixed price of RM1.00 a unit. As such, it is not necessary to value the units on each Business Day as stated in prospectus.


It just assuming, the ASG NAV today is RM1 per 1 units, . Other related question, you can ask Tan Sri Dato' Sri Hamad Kama Piah Bin Che Othman or direct to their ASNB HQ.

Some like it, some dislike it. usual

This post has been edited by adolph: Oct 16 2012, 12:08 PM

sensitive issue, especially when you try to change people's mindset

No, I don't. Just sharing knowledge

by the way are FD gains taxable?

Interest earned by an individual from fixed deposit accounts is exempted from tax,

Such as,
i) Period exceeding twelve months or more – any amount of interest.
ii) Period not exceeding twelve months – interest on fixed deposit account of up to a maximum of RM100,000.

More info,

http://www.hasil.gov.my/goindex.php?kump=5...nit=5000&sequ=3

http://miart.aseanaccountants.org/new/down...et/2011/B15.pdf


http://www.malaysianpropertypartners.com/i...&do_pdf=1&id=20



This post has been edited by adolph: Oct 16 2012, 12:39 PM

It happen i went for lunch nearby rhb bank today. Updated my AS1M passport. YES, the RM 400 units was recorded. Besides, i was trying over the counter to top up my ASM with cash. YES, i got another RM 2.5k. The teller was so nice, try it out for me in several times without asking to fill in the form first.

---

Added on October 16, 2012, 12:58 pmtoo bad i only have RM2.5k on hand, otherwise, can top-up more :-)

This post has been edited by jacklew77: Oct 16 2012, 12:58 PM

Very-very lucky you manage to topup 2.5k into ASM, Others try most times and always unsuccessful.

Agreed。 Purely luck. If you meet a good teller, he/she will try it out for you several times....Usually, i will visit bank 1-2 times in a month to try my luck...At most time, i will get RM2k-5k in a month for AS1M or ASM. But for ASW2020, no way.

Hi.
I just want enquire.
I am not bumiputra.
What is the best bond should I buy?

Initially I have RM10k.
But I put it at stock market.
Manage to generate almost RM2.5k in 6 months..
Then not long ago, only I know got such thing like this Amanah Saham.

Is this Bond better than stock market and it is safer than stock market?
I am lost actually.
Because my father says stock market is better than Amanah Saham.
I hope you guys can help to answer my query..
Thx in advance

This post has been edited by heavenly91: Oct 21 2012, 12:29 AM

Like usual, please read this topic on the previously.
Amanah Saham Bumiputera (ASB) which known as the best fund returns.
Not Bumiputeras only can apply.However, other minority group will be entitled as well. Such as mix native Sabah, mix native Sarawak, name that are doubted or muslim Malaysian citizen but non-bumiputra. Mix sabah or sarawak included Chinese local that marriage with other local races.
So, if you're muslim. then, you're eligible.

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

ASNB fund is more safety compare with the stock market.
If you could generate $2,500 on your stock market and manage to get 25% return in a short period of time, knowing very well what you're doing and how good the company could earn in the future. Then, probably stock will be your best choices.

As usual, ASNB fixed funds for non-bumi had been fully subscribed. Only normal mutual funds is available, 5% sales charge and fluctuated units price will be imposed.

This post has been edited by adolph: Oct 21 2012, 01:24 PM

I see.
Then I guess I shall just stick to stock market.
With 5% return practically I can't really do much with that money.


This post has been edited by heavenly91: Oct 21 2012, 05:35 PM

5% return ? It's 5% sales charge for normal mutual funds .

Fixed fund return with no charge around 6.35 per unit or higher depend yearly dividend distribution for non-bumi fund. And relatively safe with no sales charge, no fluctuate NAV.