ASW2020

Pnb wont change to VP in a night one la..

There must be announcement before any big move....

Logic thinking a

in this case, it's ASX choose you, so to say.

lol. let me explain. i would recommend to buy fixed priced asx products which for your case asw2020/asm/as1m. the benefit priced being fixed at rm 1 per unit with consistent dividend and no sales charges. there are some concerns regarding FP which is already posted in the 1st page of the thread. do check it out.

since officially, the FP products for non bumi is full, you can't simply open whichever you want. it depends on whether there are available units and whether the officers willing to open for you. therefore, the statement asx chooses you instead. lol.

okay your best bet is AS 1Malaysia

among all the 3 fixed price funds, that's the most easy to get

This post has been edited by nexona88: Oct 26 2015, 05:49 PM

I wud advise u ask the Teller which 1 (i.e. ASW or ASM or AS1M) is easier to open

If u willing to take risk , is ok for that

NAV can goes up or down

Cause you can get the better returns via UT bought from FSM. Refer to fsm thread for funds to buy.

Cause FP will give you consistent returns'at 6.x% p.a. Your returns will not suddenly drop to 2% (worse than FD)

Cause VP have 5% SC + 6% GST while FP have no SC. You put in rm10k, you get 10k of units.

This post has been edited by Ramjade: Oct 26 2015, 08:10 PM

for newbie, better to go for FP fund 1st. then later after stabilized / understand on how UT works & can take bigger risk / losses, then u can go after VP funds over FSM. can invest overseas funds also

I wud advise u split evenly into ASW, ASM n AS1M
If ASW n ASM is not available, they goes 100% into AS1M

AS 1Malaysia kinda easy compare with other 2 funds. u dump 1st.
later April 1st can try luck on ASM

U should have some spare money for emergency in case happen....

Actually I don't see what's wrong with that. ASX FP are fully liquid. You can withdraw anytime. If some people can treat it as a high interest SA, I don't see why we cannot do the same.

Different people have different thinking...asx u got to go bank and withdraw , wasting time and petrol...

So you mean keep emergency fund as cash in SA? Cause some people recommend keeping emergency fund in FD. If like that, same thing also. Need to go to bank and withdraw , wasting time and petrol

if ASx can have ATM card feature, even better

Or either e-transaction ...

I rather have eaccount. Can tanasfer and topup anytime with any agent banks (just key in bank account no in case want to sell)

yeah. tat one also good