You must mean Malaysian Building Society Bhd (MBSB) a company controlled by EPF. The advertisement is blue in colour right?

FD has maturity date, eg 1 month, 3 months etc till about 15 months. If you put FD of RM10000 for 12 mnths and the bank/institution say will give you 5%pa, you'll get RM500 at end of 12 months. But it you withdraw before 12 months you MAY get nothing (some nice bank may give you something). At end of the 12 months if you roll over the interest plus principle another 12 months and the instution/bank say will give you 5%, yes that will be 5% out of RM10500. But FD rate changes, so after 12 months the new rate may be more of less.

So if that's the case ASW has more % rather then normal fix deposit. Please be aware that i am referring the people that not involve with mutual fund, stock nor unit trust.

Historically this is true, except during the financial crisis in 1997/98 when FD rate increase to 10% for a while.

As far as I know that ASN is not that bad either. This three things ASB(Bumi), ASW2020(Open) & ASN(Open) is the best there is. It's guaranty and monitor by government. I think best if everybody starts to focus in investment this rather then others (privates). Coz by doing so we also helping the government to make improvements in investments side (country).

This post has been edited by doremon: Dec 28 2006, 08:02 AM

ASN is not fixed price fund, so you may lose some of your capital. I would replace ASN with Amanah Saham Didik (ASD), but ASD is only available for bumi. You can use portion of your EPF for ASD as well. Oh.. but its difficult to get ASD since it has limited fund size.

how come i never heard about this ASD? What the hack is it? Is it similer with ASB or ASW2020?

why dont you stop by the PNB's agent bank one of these days, and take the 'borang pelaburan PNB' - you will find ASD among the few columns of funds available.

If via website, if i'm not mistaken most infos are there. Utilize then internet facilities. Save me a lots of time lor. Any idea what's the weblink for this PNB?

Nothing much on the website. Best to go to agent eg RHB, Pos, CIMB/BCB, Maybank and ask for Master Prospectus. All info are there.

PNB's website is www.pnb.com.my .

sorry i cannot do the homework for you.

Ok if that's the case i'll try to do research then. Tq for the info

Tomorrow judgment day for all of us who have invested in ASB & ASW2020. Good luck hehehe

ASB and ASN already announced their distribution of income last week.

ASW2020 book closing date is on 1st September every year.

already convicted. i need to pay compensation if wan to terminate asb loan. so just continue lohhhh damn they don even want to give how they make calculation for the interest. why want to make biarlah rahsia?

how much previous dividen for asw? wan to try lah

asw2020 6.8% last year.

ASB I think around 7% + some bonus.

ASN no idea.

Is there any other investment skim that can beat ASB or ASW2020?

well, went to the RHB near my place and non-bumi is out..anybody know if any bank still have non-bumi allocations? PM is appreciated...

wanna ask something..

can we make deposit (put money into account or whatsover its name is) into our ASB account by internet? via cimbclicks or m2u?

As far as i know you only can do business or any sort of transation via ASB book. That's all. You cannot deal via internet, Atm etc. For non bumiputra, if u intrested in investing ASB easy only. You have to basic on trust. I know it's risk. Like 3 of my non bumiputra friends already share investment of ASB with me in my account . I get 1% of the divided that they get each year. Keep separate track record.

This post has been edited by doremon: Jan 10 2007, 07:32 AM