Went to the bank to do some banking stuff, manage to get some ASW2020 (rm1.5k). Thanks to those who sold their ASW2020 units 

IINM this is the first time ever that they have offered a unit split exercise for their funds. Looks like the increase in "new money" coming in from the variable price funds (heard from some colleagues in the finance industry that YTD they've already sold RM1 billion in variable price funds) is seeing them go all out in their promotions.

This also means that PNB are "abiding" by the rules to limit the growth/size of fixed priced funds which the SC deems poses a systemic-risk to the local equity market. Sorry if that means deflating some of you who have been hoping for new/increase in fixed priced funds.

Hi all sifu,

I just invested RM10,000 into ASG kesihatan, but i kena sales charge 5%, which means my value now only RM 9,500.
If lets say after 1 year, dividen 7%, and i want to withdraw, will i kena charge again ?

and the total earning is like 7% minus 5% sales charged, only 2% i earn in 1 year ?

please i need your help for clarification

Thanks

sir, lets say it is 7% after 1 year and i want to withdraw , i earn RM 566.38.
but initially i lost around RM 500 for sales charge right ?

So my net earning for withdraw are only RM 10000 + RM 66.38 ?

Please enlighten me sifus.. i am  and little regret with for unknown 5% sales charged.

Thanks

So how to get back the loss units? Wait few years for it to add on automatically?

Glad to report that I managed to get 1+1+2+3K at ASNB today. Ran out of money after the 4th strike.

Good luck to those who try today.

Ha ha.

I was trying to down play this with smartinvestor by saying 3004 only. But he is smarter than me thus he is called smartinvestor!

Total = 7k.

Pai seh lah!

Just learning from my attempts in catching the fish and then try to make my fishing trips more enjoyable and productive. Ha.

Like what I learnt from Kings of Restoration on ASTRO (Henry Ford)

" whether you think you can, or you think you can't--you're right"

It is you, your attitude that will make the final difference. Ha.

Cheerio.

a chinese can also be considered as bumiputra under the minority group

I thought bumiputra means native of the land. Maybe I am wrong here with my limited knowledge. Ha.

How does converting to Islam make one a native of the land? Strange laws we have here.

Sorry, off topic here.

Have a nice and enjoyable HR break to all!

Better and bigger ASX fish harvests after the HR break! Be positive! Ha.

Cheerio.

Thanks Xing.. like that still got hope,

basic i can earn around 7% dividen ady, then if nx year price got increase, means can sell at higher price..

2 ways to generate profit it seems..

I worry how slow it generate, can't wait till the moment of withdraw ~.~

just curious, ASN would be asking your religion before you open? if you say muslim then you are good to go to open account?

through maybank only amanah saham 1malaysia and bumiputra available only?
how bout asn1, ans2, asm etc?

yes but as i see asm/wawasan2020 is under amanah saham 1 malaysia right?

come on dude, i get confuse after my research that's why i asking my question here.

regarding to This Site, it show

Amanah Saham Nasional (ASN)
Amanah Saham Bumiputera (ASB)
Amanah Saham Wawasan 2020 (ASW 2020)
Amanah Saham Nasional 2 (ASN2)
Amanah Saham Malaysia (ASM)
Amanah Saham Didik (ASD)
Amanah Saham Nasional 3 Imbang (ASN 3)
Amanah Saham Gemilang (Amanah Saham Pendidikan, Amanah Saham Kesihatan, Amanah Saham Persaraan)

and also

Make your additional ASB investment through M2U today!

but through m2u i only able to get AS1M and ASM bumiputera , 2 selection only.

because my ASM statement state i can purchase additional through online without going to bank and pos office.

and of course, previously my generation also with dial up connection.

That was the impression I got earlier from ASNB & banks' websites. But when I asked them, it was a different story. I guess their written infor is not that clear/correct. But they did put that non bumi portions were all sold out.

Cheerio.

P/S One tip. Instead of doing it during lunch break, you can also do it in the morning at PM as they open at 8 am (banks at 9 am).  the bank staff advised me to try first thing in the morning at PM before other people grab the units at the bank when they open at 9 am. I have tried twice at PM in the morning but result was not like what the bank staff has advised me. Ha. Maybe you will have better luck than me! Ha.

but when u visit ASNB ebanking. Got note saying AS1M (Non Bumi Allocation), ASW2020, ASM & ASD are fully subscribed.

regarding this, i knew it is fully subscribed, but how about when someone sold their unit? just like bank / pos office if someone didn't sell off, we unable to buy = fully subscribed, if someone sold, we can purchase the unit.

so the terms fully subscribed just to mention is no more stock available but doesn't mean we cant purchase it if somebody sold their unit off.

correct me if im wrong.

In the website Got small note saying "At the moment, this service (m2u) is offered for ASB additional investment only. Other additional ASNB investments are currently not available online."

and yes, without opening an account, u cant purchase, so additional add on only available because we do required key in our member id before we make additional purchasing.