You have insider news?

lol totally forgot about ASB.. if really change starting 1st Jan, then most people might go crazy @ jump 14th floor...

some using asb divvy for loans payment, pay school fees etc.

it's Political Suicide

anyhow I'm getting mix opinion from "advisers" on ASx change into VP

This post has been edited by nexona88: Aug 23 2015, 08:33 PM

For scenario 1 ( if KLSE down all the way), you can redeem without bothering about fixed price or variable price liao. I believe you can easily buy back in January 2016.
Even now KLSE at 1574, we have seen reports here that units are easily available. No longer like those days 100 units also susah.

ASB is special. I believe ASB will remain FP come 2016 by hook or by crook.
As for ASW, ASM, AS1M ......I don't know.

If insider = my brain cells, then yes! Ha.

I do not mean to create "panic" here with my query earlier.

Just want to be 100% sure that none of the ASX will be frozen in Dec for dividend in Jan 2016. If so, decision time on whether to withdraw in early Dec 2015.

Cheerio.

mana boleh itu macam..

ASB maintain while others change into VP

in Master prospectus, already listed all FP fund (incl ASB) exp ASB2 which only on Jan 2017

PNB/ASNB only have 2 choice. Maintain or Change all

Any fund can recommend ? I got a advisor from fsm , she keep ask me follow the high return of 1 month , just my sense that its not a brilliant choice.

Imagine if it really changes to VP, it will trigger massive panic, everybody will just sell off their asx, can u imagine to disastrous is that? KLSE has not been doing well, with people withdrawing those ASNB funds, klse can survive ?

That's why.... this is the point where I don't understand why they do actually worried that much... well I mean it may change but not without prior notice! If yes, just prepared sanpan to dayung keluar.....
Just a simple question. Who hold the most units in asnb, why this funds is form way before, and there is even loan to invest... if yes, all panic withdraw, asnb do actually contribute alot in klse.... can you imagine that damage? Just my two cent, this thing won't fall off easily....
But good that, the awareness is increase, not like what we think before, another option of FD.

Eh..! Why tak boleh ? ASB gets 1% higher dividend + 1% extra bonus dividend also boleh. How can you equate ASB to other fixed price ASX ?

In addition to lower service charges, FSM offer a wider choice of funds which zoom in on specific industry n country
I can't recommend any fund as each individual have his/her own investment objective n risk appetite

U have overlook 'bumi' have vested interest in ASM/ASD/ASW/AS1M too

No I haven't.
I said ASB will not change to VP. As for other FP ASX, I don't know.
ASB and ASB2 are 100% bumi and other ASX are open. Therefore the status between ASB and ASX is different.

Today DSNR said tat if UMNO collapsed, all 'bumi' rights will disappear
Thus, ASNB won't simply rock the boat as confidence crisis is at stake now

Who in the right mind would want to create such huge panic when the klse is not doing good nowadays? Although there is the possibility of it happening. Chances are when there is total economic collapse, in which they really could not afford to pay out those dividends. If it is so, other financial instruments would be in trouble also am I right?

okay.

standby mode on

Was informed ASNB will announce Dividend for ASW on 27/8 (tbc)

What's your guess the divided will be ?

No need to guess. It's going to be 6.6%

I supposed they will follow ASM @ 6.60%