Is that true for AS1M has certain charges upon withdrawal of the fund? Where can we find the detailed TnC for all the ASxx?

Deposited RM15,000 for AS1M.  The staff asked me whether I wanted to try some more and I replied No as I ran out of money! Pity.

those who complain cant open account can quickly do so

One idea.

I usually have this staff dealing with my transaction. No offence to him, he is not really the helpful type.

So what did I do? Tell him off? No lah.

What I did is this. I change my time going there. They rotate staff for the morning and afternoon sessions.

I managed to open my daughter's account with the helpful afternoon session staff. Ha.

So, try this.

is this syariah complianced?

ermmm, thank you for the reply

i am just wonder, is it most of the malay purchase these funds, and second thought come to my mind, why no shariah compliance??

So how about say MrX have 10000 units to sell and MrY wants the 10000 units. So MrX and MrY go together to the counter. MrX sell, MrY buy up the 10000 units straight away. Will that work?

No time lag. The system has to be in real time. Cash withdrawal and cash deposit made are serious money matters, and transactions printed on passbook in real time, can not time lag.

Time lag is an excuse for the counter staff to shuu you away.

Like I said before, I "bought" units from other unit holders and I had successfully done sell and buy "cashless contra" transactions several times from account A to account B in large amount and in real time.
It wouldn't be possible to do "cash contra" at the bank's counter if there is such thing as time lag.
Anyway, time lag or not, it doesn't really matters now. As more unit holders relinquish their holdings due to lower confidence factor towards gov linked funds and units are now more easily available compare to last time.

Just speaking my mind here and hope to get some enlightening idea here. Ha.

I have ASM & AS1M. My wife and kids have one each, either ASM, ASW or AS1M.

Question is, should we get the other ASX which we each don't have?

Why?

ASW has a slightly higher dividend rate than the rest. But now they are all coming to the same level. So, my lazy muscles tell me no need to get more, as long as each of us has at least one ASX account.

Your view?

Cheerio.

also if you dont want the counter girl to see your substantial balance, better get more books and use different books each time you go.

Lets say u give red book for top up ony n transaction successful
After u leave the counter, the teller "can" key in yo new I/C no under each Fund (i.e. gold n yellow) to check yo bal