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 AS1M, ASB, ASW,ASM,ASG,ASD

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Xer0
post Nov 20 2006, 09:19 PM

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QUOTE(vergas @ Nov 17 2006, 08:38 AM)
If I recall correctly, the limit is RM200k only.
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I think you are right.

" "We subsequently abolished the limit for our seven unit trust schemes except for Amanah Saham Bumiputra where the limit is 200,000 per buyer. "
http://thestar.com.my/news/story.asp?file=...3892&sec=nation

Basically the limit is RM200K since the subscription price is RM1...
Xer0
post Nov 20 2006, 09:22 PM

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QUOTE(pidah @ Nov 17 2006, 01:06 PM)
unit trust is same as asb, asn n stuffs, its a mutual fund.
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Hmm well perhaps yes and no. Yes in the sense that both are funds and that they both invest in stocks and bonds. No in the sense that ASB, ASN, etc are run by PNB - which is the government investment arm, so they are very conservative. Public Mutual is not any less careful, but they are privately run so have more "room" to operate (both upside and down). Just my 2 cents... sweat.gif

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