For ASB2, since the fund size only 10bil, I believe PNB would put a cap on individual max limit.

I don't go into details. Just treat it as Mutual Fund companies.

ASNB's funds are mutual fund with passbook, many has mixed up the saving passbook.
For saving accounts, u need to activate it every now and then, so that it won't turn into dormant account. But not the case for mutual funds.

ASN and ASN2 which cater for Bumi has very poor response, don't think ASB 2 will be variable price, defeat the purpose.

Met a RHB Branch Manager 2 days ago, according to him CIMB and Maybank have stopped processing ASB loan.
RhB bank still doing it but going to stop it soon, because AB loan is under personal loan category and BNM want to cut down personal loan, the objective is to cut down the household debt.

why u say that?
AS1M launched since Najib in power, till now still have RM2 bil unsold Bumi Unit.

BNM already give instruction to all banks, personal loan max tenure is 10 years. Some banks trying to delay of this new rules implementation.
Those who wanna apply, quick quick doing it b4 the shut down the water pipe.

Bank Negara: 10-year personal loan cap stays

KUALA LUMPUR: Bank Negara will not review its directive on the maximum personal loan repayment period of 10 years, as doing so would burden the loan applicant unnecessarily. Governor Tan Sri Zeti Akhtar was speaking in response to Congress of Unions of Employees in the Public and Civil Services (Cuepacs) and the National Cooperative Organisation of Malaysia’s appeal to the Government to consider reviewing Bank Negara’s ten-year repayment period to 15 years.

"No, there will be no revision."In the world, 10 years for a personal loan is the highest. It is usually about six years in other countries,” Zeti said after the closing ceremony of the 5th Annual Global Policy Forum by the Alliance for Financial Inclusion.

“When a person borrows to either pay for a television or a wedding, that is squandered within a few days,” she said, “(If the repayment period is longer) he or she will then have the misery of owning that loan for 15, 20 or 25 years for what they spent in a few days.”
Zeti pointed out that personal loans are different from housing loans, where applicants eventually own an asset after repaying the loan.

Source: http://www.thestar.com.my/News/Nation/2013...-cap-stays.aspx

No, from my survey with various banks.

the matter of time, that is why I advice the former here, quick quick apply if have not done so

No. But BNM is just monitoring.
Commercial banks are subject to be audited by the BNM.

If u r so passion in getting units, don't try in one branch, try at other places.
if I were u, I will spend time elsewhere looking for other investments.

No need to promote lah....
ASB2 fund size only 10Mil.

yeah.....half of the ASD size...
ASD which cater for bumi, launched more than 10 years already, fund size still < RM5 bil.

If ASB2 no loan support to invest, I think it will take long time to get full.

The recent budget 2014 didn't mention about ASB2

With or without the bonus?

(Number of months/120) x bonus in %

Can I verify your source of the info?

it could be hingting new fund ASB2

I think this spending habits applies to all races. Especially the Generation Z,