i dunno what you are trying to do here, but if you want to spam here with so many posts instead of in one post, i do suspect that you want a free post-count reset with that?

that is why i pity my other prince of earth comrades. other races are struggling to get the funds while bumi allocations are left aplenty...

for variable priced funds, i'd rather choose offerings from the selection of PB mutual funds - there are many agents who is willing to help and recommend you the funds suited to your needs

i tried aggressive fund, and with all the ups and downs, still got a clean return of about 5+ % after exactly a year. then i w/drew the fund (i used my EPF acc2 for the experiment)

if u go for the normal, non-aggressive growth funds, u can earn better in long run

it should be in this month, September

OPR maintained only until end of this year. let's see where it goes after that.

overnight policy rate

basically this is what determines the base lending rate in malaysia

http://en.wikipedia.org/wiki/Overnight_policy_rate

http://www.bnm.gov.my/index.php?ch=en_pres...ess_all&ac=2873

This post has been edited by lucifah: Sep 5 2013, 08:00 PM

not me who say. BNM says mainatined until year end. i guess have something to do with UMNO AGM end of this year...?

some correction: AS1M & ASW2020 non-bumiputra allocations are fully subscribed.

the bumi allocations are always available

most banks are quite lenient about this

this is a discussion thread. no difference with some updates regarding ASW2020 or AS1M or ASM topup u guys shared.

it is not like if one person can top up ASW non bumi meaning you can also do the same. so, cheer up.

and topping up AS1M and ASW is also a non-issue

for bumi and non-bumi

now only waiting for the imminent announcement of AS1M dividend.

those are not risk free. only low risk

risk free would be the fully subscribed ASM, ASW2020, ASD and AS1M (or ASB if you are eligibile)

PM just announced new ASNB instrument : ASB2

still trying to fing more details on this fund

designed specially for those who maxed out their ASB investment

fund size is 10b

he is saying asb financing loan will be abolished

not the asb fund itself

as long as they find a way to give the investors a 8% return, it's good news to the bumiputra

but i do feel weird as to why the need of ASB2 when ASB has never and can never be fully subsrcibed by bumiputra?

any hidden agenda?

even AS1M (bumi quota) is not yet fully subscribed


if they really want funds for HUGE projects, they'd be better open additional funds for AS1M, ASM or ASW. the non bumi will line up the banks with cash ready in hand

i smell something fishy. but i also smell huge dividends. waiting to transfer all AS1M money into ASB2 once i get some insider info from my bankers...

that makes sense...

even if there's no cap, i don't think anyone would dump all the money inside since it has yet to show its returns

i am skeptical. the ASB2 might only share the name with ASB, but the returns maybe in the range of AS1M, ASW and ASM. if that is the case, i'd rather stick with these 3 funds which have proven record over the years

maybe will advise my client to dump 50k and see how it goes from there. tomorrow is a holiday. tuesday maybe some bankers will gather information. maybe by friday i will go and have coffee with them and seek their verdicts

Amanah Hartanah Bumpiutra (AHB) is also launched by PM. the dividend is about 6.3% only

and worse, AHB's distributed dividend is not re-invested. instead, they place it in your personal account. so unless you transfer the money manually, you won't see the money grow at all.

they are somewhat related. it is managed by Maybank. not a PNB/ASNB product. but gives very good return if compared to FD's

ASW used to issue dividends with cheques. only recently, it is automatically re-invested.