What are you confuse about. Be more specific.

1. Because different people have different appetite. Some like fix price (FP), some like variable price (VP). You cannot apply for all. Refer fiat page and see which one you can apply. Already clearly stated on first page what is available for non -bumi

2) No best. Best is asb but you and I cannot apply for that. Depends again on what you want. FP or VP.

3) You can hold all for long term. No problem.

4) You can ask in this thread for opinions. You can also clarify with pnb via email

Hope that help. Any question feel free to ask.

This post has been edited by Ramjade: Sep 16 2015, 12:03 PM

Nav is price per unit. For ASX (FP) they are fixed at rm1/unit. ASG and ASN3, you need to visit the counter to know the price as it changes everyday.

Manada be aware that those ASX cannot be open just like that. When you go to the bank, they will tell you chinese quota is fully subscribe. Cannot open.

Hence you need to beg them and tell them "I know if got units for sale, can open new account. Could you please check for me?"

Higher chance to open at places mentioned on first page.

19 can open own book already. No need to drag parents along. Unless parent also want to open.

Can open at maybank, cimb, rhb. No need to go to pnb office.

I think he meant ASN3.

By the way, recommend you to open any or all of the ASX as it need only rm100. Once open can top up easily. Opening ASX is the hard one. ASN3 can open anytime.

Again, is his money. People dare take risk what. So let it be.

You need to know that ASN3 charges you 5% + 6% of the 5% tax upfront. ASX on the other hand is tax free for now

ASX in this forum is regarded as FP. Anything not FP, not categorise as ASX. NAV is low for ASN3 & ASG. Buy now, when it increases (if it increases), you will profit more than ASX. You can lose your principal for VP.

ASX is FP. You buy and sell at RM1. Thr only way you can profit is the dividend which is more or less >6%/year. There will not be loss as buying and selling is rm1.

ASX used to be fully subscribed (no one can buy) but past few months until now. everyone can buy. If malaysia 's economy were to recover, expect ASX to be fully subscribe again.

Think of ASX as epf level interest but you can withdraw anytime no need to wait until 55 years old.

ASN3 and ASG can be open anytime as they are VP funds. No difference than Buying from FSM except maybe stable dividends. You can make more money via VP but you can lose more money too if the NAV drops.

ASX in this forum is regarded as FP. Anything not FP, not categorise as ASX. NAV is low for ASN3 & ASG. Buy now, when it increases (if it increases), you will profit more than ASX. You can lose your principal for VP.

ASX is FP. You buy and sell at RM1. Thr only way you can profit is the dividend which is more or less >6%/year. There will not be loss as buying and selling is rm1.

ASX used to be fully subscribed (no one can buy) but past few months until now. everyone can buy. If malaysia 's economy were to recover, expect ASX to be fully subscribe again.

Think of ASX as epf level interest but you can withdraw anytime no need to wait until 55 years old.

ASN3 and ASG can be open anytime as they are VP funds. No difference than Buying from FSM except maybe stable dividends. You can make more money via VP but you can lose more money too if the NAV drops.

Really. All this while I thought ASX stands for FP funds.

I am sure there are funds sold by FSM also giving consistent returns per year. Funds sold by FSM are VP right?

Please explain. Kind of blur reading it.

So FSM VP is better than asx vp if you pick the right one?

Not calculated everyday. If you topup interest on 1st, that interest will be calculated inside. If topup on 2nd, no interest.
If topup on 30/31, you will get interest for the following month.

But I do no know whether you will get interest for that month if you do the following. Eg, Deposit rm1k on 1st, withdraw on the 2nd and then deposit again on the 30/31 to to get interest for the next month. Do not know whether such thing will be given interest. If yes, effective rates can be more than what they give.

So if yes, withdraw out on 2nd and dump into Ambank Truesavers and ibg out to casa on 29. Go to bank on 30 and redeposit via contra. Anyone can clarify if the way I mentioned will still be given dividend for that month?

If lowest level, then the above way won't work to earn more interest.

This post has been edited by Ramjade: Sep 16 2015, 10:30 PM

Are there any overseas fund which is fix price? You have been investing a long time overseas, I am sure you could share your experience whether such fund exist or not.

You can topup the following by using cimbclicks

Actually how to topup online? Register the book online or have to go to branch and register the book?

Actually RM1.05 is considered ok. Don't need to burn petrol and find parking, paying for parking and go home empty handed. Maybank only AS1M

This post has been edited by Ramjade: Sep 18 2015, 01:51 PM

Look at it this way. You pay RM1.06, no need to find parking, burn petrol waste time waiting. To update your book, simply walk into the the nearest bank at your workplace about 330-4pm (usually asx counter will not have many people at that time) and update the book.

Guess you are right there. Don't know what's with me. Keep making mistakes.