Today most ASNB & Banks are full with people updating asb passbook. So much people until system crash for almost 20 minutes. Waiting period also very2 long with some almost 2 hours.

ASB is definitely good for those eligible. i think no one will believe it can have any problems.

but i think it wont. after all, as long as people keep pumping money in... and nobody withdraw...

Yes long queue but surely worth the wait to see 22K in interest.

Paper gain....

Yes. As long as the value is there and economy remains alright it should be valid (for now).

yes paper gain of 22k in 1 ringgit notes

Amanah Saham for non-bumi still got slot?

Out la, already so long.
except not fixed and variable units.

Hi Guys,

I would like to invest on any of these but I am a Non-Bumi, may I know which one currently available? I can't go to the bank because currently overseas.

Well I got some bullet and want to invest.

Thanks!

Then those new investors can't invest.

I wanted to buy more too. Past two years i had try so many times at CIMB counter, doesn't success to buy any slot.

Amanah Saham Nasional 3 and Amanah Saham Gemilang only, which is not fixed unit prices.

More info,
http://www.asnb.com.my/

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Added on January 3, 2013, 2:25 pmYou still be able to invest, only that you're feel insecurity with the none fixed units.

This post has been edited by adolph: Jan 3 2013, 02:25 PM

good for you

banyak cantik!

May I know what does it means by none fixed unit prices?

I think he meant by the price per unit. In Malay = Nilai Aset Bersih (NAB). Funds like ASB, ASW 2020, ASM, ASD, AS1M are valued at fixed price of RM1 = 1 unit.

ASN3 and ASG do not have fixed price, might go up or go down. Dollar cost averaging strategy is used to offset the huge difference in price.

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.

good explanation

most people I know don't want to invest in asn, asn2, asn3 & asg because the price movement. If price below rm1 very2 profit , if price above rm1 you at loss

u got 200k ASB?

22K in dividend + bonus. It's more than 200K