Ok thanks for the info. Hope they won't ask me to return the money i been drawing out for the past few month..
Ya i hope this is not a big issue.

For non-bumi, it does not matter u goto which branch to open.
The most importatnt is whether they willing to open for u without confirm unit available.

I have not tried opening ASX after they have been fully subscribed for the non bumi.

Like to know how many non bumi have tried and are successful.

If there are some success stories, I may try my luck as then I know it is not a 100% failed attempt.

Cheerio.

Ya, I read that one. Shocked that is their procedure in opening new non bumi account. What a waste of effort and paper.

Any one who successfully opened one non bumi ASX in the last 2 years?

1. PCI from SCB - min 50k, roi for reference: 7-15%.

SCB = Std Chartered Bank?

Really at 7-15%? I am surprised/shocked. Why? I had one investment with Std CB and the return was lower than FD for many years! I have terminated that one some years ago.

Interesting feedback. Thanks.

Check the PCI link as posted above.
Which investment that u terminated? Was it PCI?
Yes, that's the one. It is a rather interesting and powerful investment instrument. My favourite when sharing with my investment buddies.

This product is made available only to individuals with (1) net personal assets exceeding RM3million or its equivalent in foreign currencies, (2) gross annual income exceeding RM300,000 p.a. or its equivalent in foreign currencies (3) total net joint assets with spouse exceeding RM3million or its equivalent in foreign currency excluding the value of their primary residence, (4) total joint gross annual income with spouse exceeding RM400,000 p.a. or its equivalent in foreign currencies; OR corporate/partnership that has total net assets exceeding RM10million or its equivalent in foreign currency as at the last day of that financial year.

When I started back in 2008, this clause was not there.
They may have tighten the entry rules.
If you are interested can always talk to them.
Check out the example in the link u posted. It is really unique with the "guaranteed" yield.
Name any other investment instruments that give guaranteed returns (besides FD, CASA).
Not even EPF, ASx; mostly projected and pass performance references.
And there are more besides the guaranteed yield...

I still can't get it, why another one when other similar funds have not been fully taken up?

To release steam from those who have already maximised up to their ASB limit?

Cheerio.

Hope ASNB will launch ASW2020-2 or ASM2 or AS1M-2 for Warganegara Malaysia soon

Existing oso can
They can always increase Saiz Tabung

They can increase 2 to 3 bil (assume) for ASW2020, ASM n AS1M each

Fund size for ASB - Tiada had

Can u close this thread?

Just noted it was closed!
Wat happen?

oh alright... then i just stick to ASM, kinda pity... trying my luck whenever there is pos bergerak... tried 2 times, each managed to pump in RM100    and the officer told me... you are lucky 

haha so another "asb2 loan"? haha

I am no sifu, but would like to share my understandings... All sifu here, do correct me if I my understanding is wrong. 
1) The 7.3 is the Net Distribution per unit (sen). For variable price fund, we should look at the returns, in this case it is 10.67% for 2013. This returns is net after all charges. Refer to this link.
2) Refer HERE for their daily prices.
3) My understanding is the mgmt fee are charged and taken into account during distribution calculation. Normally lower unit price after distribution.