Yape, do you think that with the lower earnings carried forward to next year, AS1M would be subjected to lower returns?

Just curious and want to get some views and opinions on this?

Basically i am losing some confidence on AS1M but i still believe the dividends would still be competitive above 6%..

I am so out of money at the moment.. my gosh, here goes my opportunity costs.. ^^

Not sure those banks whether allow for depositing of ASX fixed price funds over the counter..

Can only try.. ^^

Banks are now targeting more on increasing deposits in CASA (current accounts and saving accounts), and fixed deposits.

As such, managers and assistant managers have higher pressure to push for higher deposits compared to the deposits in FP in ASX..

So frankly speaking, those branch managers would hope you not even touch the fixed deposits.. ^^

Lets just wait to see if PM would announce some details on it during the budget like last time for AS1M..

^^

I will sure go for it.. FP is my favorite investment.. everytime income distribution, i m happy to update my passbook..

It would be apart of my collection if there is a new FP fund.. ^^

Yape, saying a total units does not reflect the total market value..

My total units for my Manulife is a lot, but the market value is not much comparable to the units held..

Added RM1K to ASW2020,..

No bullets for now.. ^^

The in

The information from AR 2015 (ASW2020) stated that dividends received would not be taxed due to the single tier taxation practice since 2008..

As such, I believe that the exemption on tax for income distribution would not longer be an issue..




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I am assuming that both ASW2020 and AS1M might be saved from conversion from FP to VP because in ASW2020, there is an EPU loan related and in AS1M, there is a Sara1Malaysia loan.. Those loans are government initiatives..

On the other hand, ASM does not have any loan products of government initiative.. so quite reasonable to say that this fund would be the first to convert to VP if fixed price funds are to convert to variable price funds.

This post has been edited by smartinvestor01: Nov 5 2015, 08:26 AM

My portfolio allocation:-

ASNB : 95% on FP UT
Other UT: 3% on Other Variable UT
Savings : 2%

Other overseas investment not included..

Most of us are not worried because in their previous reply to our queries, they stated that the conversion is not easy as it involves national interest.

To me, if they really convert it to VP, i will just withdraw all of the funds.. No issue.. ^^

1) Hong Kong land ( minority shareholder only)
2) Private Equity Investment (just trying out)

^^

I got lack of cash but I m going to try put Rm200 to my AS1M.. Because of the total amount alang alang to achieve XX,000 as now the figure only XX,850.. see the alang alang figure also bei song.. ^^

I heard from an officer that as1m system right now does not allow people to trial and error to bank in money but only allow for withdrawal..

Wa lao, it really makes me think that it is better to take the time now to just try whenever we can before more restrictions are there to obstruct us from trying over the counter..

However, exemption applies to high networth clients / private banking clients.

Lol.. Surprising as this was the feedback from an officer in Pos Office..

And also many agents are not really keen on assisting to top up for ASM due to the implementation of the new system (unless they are free with less customers)..

I heard from an officer last time that ASM new system very tedious as compared to the old system..

I believe that RM100 must be the initial deposit for opening the account, right?

Just curious..

My ASM holdings are stagnant at the moment also because I was also told that the system quite tedious for the tellers to try out. As normally my trial is only a small amount, now I would just try my ASW2020, and AS1M followed by ASM as the last account to try.

But currently, AS1M represents the highest holdings compared to the others, while ASW2020 represents the most lowest holdings.

Maybe I should try to put more effort on ASW2020 since the holdings are quite low..

There was one thing that was pondering in my mind..

Just curious.. ASM is now using the new system, so will AS1M and ASW2020 be also using the new system and new passbook?

Any idea on this? As for the implementation of the new system, it become more tedious for the counter to do trial compared to AS1M and ASW2020 which uses the old system..