Really? Need to have a look at my ASG. Anyway, will be disposing my ASG next year. 1 month after dividend.

well my friend one all same number.

ASN3, ASM & ASW2020.

he no ASG

Since NAV price will drop after dividend, how long does it take to go back up? 1 month, 2 months? Assuming no "shock" in world stage or no local "drama"

This post has been edited by Ramjade: Apr 29 2016, 04:30 PM

normally around 3 months

but depends on KLCI too

Alright will dispose after 3rd month to maximise profit.

This got me thinking. I thought ASG is VP type and thus one can withdraw at any time without loosing out on the dividend. Correct me if I am wrong here.

Say RM100,000 in the balance. I withdraw RM80,000 on 1 May. Assuming Jan to Dec financial year. Interest on RM80,000 for Jan to Apr will be given on Jan next year while RM20K will earn the full year dividend.

No?

If my understanding is right, then whether you withdraw now or later depends on your economy outlook. If good, then wait. If bad, withdraw now without loosing out on the dividend.

Cheerio.

Close too

Both my ASM n ASW share same a/c no

I managed to grab some too

Dividend in ASG doesn't really matter however dividend does increase the number of unit. We all know that after dividend is declared for a UT, the NAV will drop.

So to maximise the profit, we need increase in units + higher/original NAV since final amount = NAV x no. of units.

Correct me if I am wrong. if I withdraw straight after dividend is distributed, left hand = right hand. That way, cannot make a profit as NAV drop but no of units increase.

I assume u manage 5 digit as well...

Movement of NAV depends on the performance of underlying portfolios
Thus, nobody will let u know when

Still there's always a time frame. I don't need to know when. I just need to know around how many months time.

For VP funds, dividend value have been included in d NAV as compared to FP funds
Thus, u can withdraw VP funds anytime without losing d dividend

No. You won't make any profit using that way. Its purely your timing. You enter klci at 1800. You wait la. Untill this point. Now 1650 is =0.99. This also cause by the income distribution. I rather he don't give but follow the price daily.

Yes

I don't need klci to go back to 1800. I just need the NAV of ASG to go back to before dividend date. That's the time frame I am asking about. If klse goes back to 1800, that one just bonus.

I tot UT (especially VP) is meant for mid to long term instead of few mths

Next year already 3-4 years holding. No profit. Better cut and find some where else. If 3-4 years not performing, better don't bet anymore on it

About rm30k. No profit for 3-4 years js very bad.

This post has been edited by Ramjade: Apr 29 2016, 05:50 PM

In addition, u oso forego opportunity cost (u can earn FD int)

I've an ASW acct for years but never bother to update or enquired regarding units available for purchase.
Somehow, today stumble upon this forum and learnt a lot from it.
Visited Mb to update ASW passbook and enquired about opening ASM in the afternoon but was told no units available for both. I was told, I can only open ASM acct if unit available. I'm only keen on fixed price product to get better dividend than Fd rate.

Please, could someone help me with questions below.
- Is it possible to pay by other bank cheque if units available for purchase next time? Forgot to ask the staff today.

-Do i have to go to the bank everyday to check if units available?

CIMB, MB & RHB are close to my place. Any advice which has a better chance to check?. I'm not familiar with all banks but do have a MB acct with little saving to pay bills with it.

Thank you in advance.

This post has been edited by twinkle5129: Apr 29 2016, 06:06 PM