Hey guys, I would appreciate some advise.
I have been quite lucky in getting some money in ASW 2020, almost 10 k within a few days. Do you guys think that I should keep putting in some money in ASW, or wait for other funds like AS1M etc. on 1st. October?

Is it not a smart move to put more fund on ASW 2020?
Initially I was thinking that I should not put more funds because dividend has been declared, but for fixed price it is counted monthly, so this shouldn't be concern if I am able to hold the fund for one year, yes?

What is your advice, should I keep trying to put money in ASW 2020?
Thanks guys.

Thanks, so I should try and put more money in ASW 2020 yeah?
There is no risk right associated with all this fixed price funds?
(Sorry very new on this).

- I am somewhat a student, so I have the time to actually try at a few branches...(I managed to get lucky once at ASNB), the first few times I actually did not get any funds...

I got the initial 1000units when the funds first launched but have not add in more money into it. Was never financially savvy and now regret. How to know when can buy more units anyway?

In RHB Bank to take up their offer of 2.5% SC for the ASNB funds. Signed up to buy the 3 ASG funds and ASN-3 fund.

Was told that for fixed price and variable price funds, the dividends are all pro-rata. This some how was different from what I heard before. 


Thanks to some of the sifu's for replying my PM's relating to the ASNB funds. 

ASW2020... dont know much other than that 

It is the RHB Bank branch manager. He said he tot the same as you mentioned then he double checked it. Anyway I bought just some ASN-3 not so much because of the coming dividend. 

Oh dear! just my luck. anyway, thanks davinz18 for your reply. Hope to learn more from you sifus

From my experience.

No. ASG is not pro rated. Now only I realize. LOL. Maybe this is the reason why dollar cost averaging is being used in variable funds.

ASB2 attracts 57,432 subscribers buying 1.16b units
http://www.nst.com.my/node/32332

Anyone trying getting new passbook for ASM or AS1M at ASNB? Was told that need a passbook at bank or pos malaysia else can't buy new units.

Feeling lucky today.. Managed to get 1.5k ASW2020 & 500 ASM 

Ya, I asked about fixed price funds yesterday, the bank said cannot open new account as no units available. Ended up open new accounts for variable funds. 

then how to start if can't open new a/cs? 

so back to square 1...

1. RM6k into PTPTN/SSPN for the 6K tax relief (2013 dividend was 4.25%)
2. RM60k voluntary EPF contribution (2013 dividend was 6.35%)
3. Balance to FD (MBSB 5 yr @4.7%)

davinz, any other investment? TQ 

Yes, i thought about it. Just placed a nominal amount in mbsb last month as most are in BR's 3-mth FD's @ 3.6%.

The 18th Sep BNM meeting will be the first indicator where to move the funds as both mbsb & BR are very slow to increase their rates after the July increase! 

Interesting to note this thread and the FD thread have some common guys ! 

davinz18, I like your statement:

"The first shot has been fired by Strd Chrtd Bank"

It will be interesting to see how the FD "war" among banks will develop ! 

got some too at CIMb today.

The ASG funds looks more like the same risk as they seem to be investing at the various banks. I put those funds that I can risk in UT. So risk averse in a way. 

My main purpose is not to put all money in one ASNB funds but spread it out as dividends go up and down for these funds.
My sapu means simply buying. Not sapu lots & lots of them.  But before that already did some research eg I buy less of ASN-3 vs ASG funds. ALso diff proportion of the 3 ASG funds