He overturned SC by the fact that ASB2 is launched so it's not too shocking at all. I think the bumi's will grab this opportunity. I think ASB would have been the easier choice since ASB's track record clearly outmatches EPF's returns. Assuming that ASB2 can continue the performance in its first year's results, than it would be worth it to migrate a portion of one's funds from EPF to ASB2.

Quick but rather stupid question. If you withdraw from EPF to ASB2, than you would only get dividends from ASB2 right? The EPF's dividend would be less the amount that you withdrew to invest in ASB2.

Yes

Assume ASNB announce new Fixed price fund for non-bumi, do u think response is gud?

As per 11th Malaysia Plan Economic
Bumiputera individual equity ownership will be expanded by allowing withdrawal from Account 1 of the Employee Provident Fund to purchase ASB2 units, which provide competitive long-term returns at minimal risk

The response is guaranteed to be good.. I am sure..

Even i myself would fork up most of my cash into that fund..

But disappointment is there is no more opportunity for new fund to be available for investment.

can't stop trying with ASM...

maybe I should go try AS1M too...

This post has been edited by aurum_alchemist: May 21 2015, 03:39 PM


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congratz.. u seem to be very busy past few days

why not try both ASM & AS1M.. see which one kena

only 1 visit per day actually...when I passed by for lunch.
It's seems easy for ASM, I am a bit scared now.

I don't really have faith in the 1Malaysia brand name...but I should give it a try.

People are withdrawing for some reason.. maybe using for upcoming school holiday..

well AS1M is govern by trustee & are under the watchful eye of SC.. they simply cannot do what they like..

CONGRATULATIONS!!!

With your mega big catches, FREE lunches for you then!

Every RM10,000 invested, you get an extra RM200 pa over FD!

Guess by now, you can have more than a year of "free" lunches! Ha.

Managed to get RM33k
Well done

Peluang menambah dan mempelbagaikan pelaburan bersama ASNB.

Jom melabur dalam Amanah Saham Didik, unit kini ada untuk langganan...

ASD ialah tabung unit amanah berharga tetap RM1 seunit.

Untuk pelaburan dalam Skim Pelaburan Ahli KWSP, sila kunjungi Cawangan ASNB terdekat atau hubungi nombor tertera...

ASD still have available units?

yes..I copy from ASNB FB Page

Bumi only la...

Agree. Pnb will definitely got huge invest injection 💉 thru this. Even more injection if 100% non bumi.... Haha. Because most of the unit like in as1m and asd bumi unit not fully filled up also...

yes.. it's for BUMI ONLY

btw I receive some feedback recently on why this thread not "talking" about ASB, ASB2 or any others Bumi only funds.. some of them feel sideline..

So I'm trying to make tis thread more relevant to ALL

Nice, like I said earlier, units are easier to get now. So take it easy.

Btw, Update by Rafizi from the parliament about dana2 awam and 1MDB. No PNB name was mentioned.

Thanks for the bad news! Ha.

Wonder why did 1MXX have the cross default clause in there while they knew its serious and wide implications?

Otherwise could not get the money?

Another Malaysia Boleh Semua Boleh attitude?

have you guys ever thought about inflation rate in Malaysia?
with all this 1mdb issue, ringgit value going down...

is keeping money in FD or ASX worth it?