if you have ASW cert, you can apply overdraft facilities from the bank...this thing quite famous in 2008 till 2010 i think..
let say, u have 50k in asw, u convert it to cert and apply OD at the bank, bank will give u 90% of the OD cert i.e 45k...

from the OD, u withdraw another 40k and invest it in asw or asb again...u left 5k in the current to service the fee..

if u do this, you can earn dividend of (50k+40k)Xdiv rate...

if you dont do that, u only earn 50kXdiv rate...

which one will generate more money?

but of course, you have to pay the OD facilities ranging blr-1 to blr-1.65, depend on the bank...

thanks for the information.

Will edit the 1st and 2nd post with all the common Q and A as well as update of ASD and others dividend distribution amount this weekend.

For those newbie, and esp non bumi. THE ONLY fund (UNDER ASNB) for you guys is ASG AND ASN3. I hope this statement made it very clear for NOW.

Any update will be made and complete before Sunday.
Wait... I think I put * and ** to made it clear. Omg. Why can't they check before questioning.....

What I mean was the difficulties that he would face if he decides to sell his units and then repurchase it again. Lets put it in this way, he buys 1000 units of ASM now and lets say if he decided to sell it off in 3 months and buying back again after that would be a hassle as his not guaranteed that he could buy back his desired units as its subjected to availability.

Whereas, he could withdraw his FD at anytime and could still opt to open back a new deposit account when ever he wishes without worrying of any restrictions such as quota or availability of units.

IINM I read on ASNB's FB page that the program is still ongoing but the relevant "quota" for those eligible for the scheme is reducing and should be fully taken up in a year or so.

Here you go https://www.facebook.com/pages/Amanah-Saham...413717745430066

Actually when i think about it.. If you look at all of ASNB's recent promo/advertisement on their website or in newspaper, you would find their social media handles for FB, Twitter, YouTube and Instagram

ASNB announces 1:1 unit split for ASN 2
http://www.nst.com.my/node/14649

LOL. K those want invest in ASN3, can invest after the 1st day the dividend declared date... because the price is the lowest and equal to the price after dividend declared ( lol i don't know hoe to explain in words but, its lowest NAV through out the financial year.)

Thanks guys. Which of these two better if I plan to keep such as RM13k one time and I don't think will withdraw in nearest time. And perhaps contribute RM500/ month? Will withdraw my KWSP soon, and KWSP yearly dividend is smaller compared to ASB.

huh? so I was cheated? those who had ASB loan your insurance was ASB-RTA?

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Erm, what I mean is RM13k + RM500 every month. I think it's better than keep the money inside KWSP.

Hmmm... Yeah, ASB is the best I think if we think about low risk with steady return. But, reading and seeing Public Bank Mutual fund yearly report make me changed my mind.

Just realised that there is another PM in my town. So went there today while in that area for another job.

Small PM and only 1 staff, pretty lady. Ha.

Got RM1K ASM on my first line and expected more. Was about to sms my friend on this big catch till the lady told me only RM100 for the second line.  After checking my AS1M & ASW, she checked my ASM again and got RM900. So total RM2K.

Not bad. Not many people go to that small PM (so no queue problem), pretty, friendly & helpful staff.

Lucky me? Ha.

Yeah, I was shocked to hear that service charge. And they say can't bypass them. Okay, learned something new regarding fundsupermart etc...

Most of my friend encourage me into ASB. Some even loan for ASB too.

Agreed. Most people don't realize this and I've never been advised as such when those PM agents approach me. If the SC is so high than makes earning a profit on your investments so much harder as the yield required to cover the 5.5% SC is even greater.

p/s: Also numerous times I've caught PM agents who approach me but don't have license

Sorry Sifu for grabbing your ASM. Let me know your ASM ac no and I will try to transfer it to your ac! Ha. 

Don't know why lately I have been pretty lucky in meeting nice and helpful bank/PM staff with my ASX purchases.

Hope the trend will not only maintain but increase further. Ha. Greedy guy! 

Cheerio.

Went to the post office today to pay my bills and saw a huge number of people withdrawing their AS(X)'s.

So i guess that this is the right time for those that are looking to purchase this to try their lucks.

Hello
I got an amanah saham gemilang (bank book), may I know where can I update my bank book? I had been to post office, they asked me to go to bank to update it!

all of the agent are waiting for the new books. But don't know when it come. the print template already changed but the books not yet come.

New ID 12 digits also got, but pass book have to wait.