So it means the sales charges only imply when we buy.
And there is not charges when we sell off the units...

Yup

Refer to the link HERE

You pay Sales Charge when you purchase the unit, no sales charge when you let go (redeem, sell) the unit

This post has been edited by tbheng: Apr 9 2014, 10:20 AM


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Only the bank has access to their borrower's profiles, as how many Gen Y borrowers they have.

I was told in order to apply ASB loan, just need 3 months payslip, IC and a copy of ASB passbook.
99% approved if one is negative on the CTOS/ Bankruptcy search. For the weak applications, bank impose 6 months installment in advance as the dividend gain from ASB easily can cover the ASB loan installment. Some housewives without monthly income also can get their ASB loan approved.

If you read the ASB2 brief product showcase, the investment can be in the form of Passbook (cash investment), or in the form of Certificate ( leveraged investment using loan), banks need the fund in the form of certificate as the pledged security. For now, PNB only open for cash investment, if the fund not sold by a certain date, more likely they will open for loan.

ASB2 registration booth at Bukit Damansara. Bangunan Msia RE.

Bro, noted and thanks.

Maybe my understanding of trustee is either wrong or I don't trust the trustees (only there in name and not really doing the jobs properly). In our Boleh land, a lot of positions are filled by connection and not by expertise.

Trustees are there to oversee the major fund operation. Do they really do so? Do they have the expertise to do that? Then again, even experts can also make mistakes.

So back to EPF/ASX, even with trustees, are the investments guaranteed? I know difficult to get an answer.

Cheerio.

Investments in EPF guarantee by GoM
Investments in ASx is not guarantee

I see.

On ASX, not guaranteed even for the fixed price units?

Cheerio.

Yup as fixed price funds is not a capital guarantee product
ASNB just maintain buy & sell price @ 1.00 ony

Thanks, Sifu.

only savings in banks protected by PIDM is capital guaranteed. Maximum is just 250k though.

Noted and thanks, Sifu.

Bank Rakyat & MBSB are not protected by PIDM

lot of people buying?

alot of people registering...

they agent said if open account today... get FREE 10 units.

Free 10 units not only for today, as long as account open in 2014

Free 10 units is 1-off or everytime u invest, u get 10 units?

only 1-off when u open the account. If every-time invest get free 10 units, PNB can bankrupt

OMG! If got few people before u means need to wait for hours

right. until december 2014. but i just recap what that agent "told" me la

one time off.

my other colleague did ask that agent that "if i everytime buy 1,000 unit, you give me 1,000 unit everytime?"