Beside cash and IC, what other document do we need to prepare?
Should i go take the form (ANSB propectus form) before go camping, ha

ASM giv how much % annually? average 7%?

People,...... think first before you buy,.... Always remember diversification ! Don't put everything into one basket.

I sniff a danger here - gov't wanting so much money from us. ......

hi,

if i already have an account for ASW2020, can use that to buy the ASM?
or do i need to open a new account?

ASM and ASW different account.

To apply, bring your thumb there and your IC. + CASH also.

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Added on July 16, 2009, 10:05 amCapital guaranteed.

Distribution of dividends are in units back into your account. Since the value of the units are always at RM1 and will not go higher or lower. Your returns are measured in dividend distribution which constantly being added to your account to have a compounding effect on your total holdings. Beats the other capital guaranteed investment such as government bonds which only offers a fixed 5% which last only 3 years.



This post has been edited by skiddtrader: Jul 16 2009, 10:10 AM

I am a noob in investment, and I am not a risk taker. I got burnt in stock markets, and I want to live a bit longer. The moving figures of KLCI and Dow Jones can make me get heart attack very fast.

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Added on July 16, 2009, 10:36 amto make things faster, photocopy your IC first (2 copies just in case), and go to the bank today to get a ASM form. Fill it up first.

ASM average is more than 6%. It's definitely higher than the bank FD rate of 2%...

This post has been edited by soul2soul: Jul 16 2009, 10:36 AM

What is the minimum needed to open an account for ASM ?

minimum require is RM100. (anyway it's depends on whether there still available or not--)

so buy ASM or AS1M better?

Too early to say. No info is available on AS1M yet.

ASM, personal opinion only.

I'm a Chinese and have never dealt with ASM before. Is there a lock-in period for this investment? Or is it redeemable at any time?

This post has been edited by wankongyew: Jul 17 2009, 10:10 AM

when u walk in to any of its agent, let's say Maybank. Would they know whether the ASM shares are still available or not?

Yes they can check the availability.

Last time when I went to a POS office, they can tell me how much balance available as well.

well, sometime the maybank stuff show me a very bad attitude, is it like they are trying to play at us.
"tak tahu la!" "tak pasti ada lagi"

there is one time, one of the stuff said it's available (around rm2000) but he want to see the cash first before he 'click'. By the time my aunt busy taking the cash out from beg, just few second I think, the stuff waiting there, when everything ready, he said: "oh, tiada sudah! habis!"

At that time, we're new about those things, I wonder the procedure is ready like this?


This post has been edited by ayumiya: Jul 17 2009, 11:29 AM

So far, everyone is speaking that, ASW and ASM is capital gurantee. However, when I go through the PNB, they do not have a black and white mentioning this. Can anyone provide some black and white information regarding this? Or this is just a rumuor?

No lock-in period. You may cash out anytime you want.


Please check the unit price. It is FIXED at RM1. Just like those capital guaranteed trusts offered by Public Mutual.


By the way guys, the RM1.6 billion ASM to go on sale to all Malaysian is not additional fund as reported by Bernama news agency but the remaining unsold Bumiputra units. Chinese and Indian units are all sold out and there are still RM1.6 billion left for Bumiputra units. This was reported on yesterday's STAR newspaper.

This post has been edited by MilesAndMore: Jul 17 2009, 02:13 PM

Can't wait for more info regarding on Amanah Saham 1 Malaysia...

About ASM balance for sell this coming 20 or 21 July..sure I don't have much hope one to get a pinch of it since left so little bit.

I think should be able to get within the 1st day or maybe might last until the 2nd day. Last time Chinese quota finished on 2nd day although the number offered was only 1 billion units.

Just line up at POS office in the morning since they open earlier and try your luck.

What the maximum limit a person can buy then from the ASM to be opened to other races on the 21st July?

20k per individual in the offer period.