Cause some people in US using country like Malaysia to avoid tax. So to prevent people from doing that, they have this kind of law which is ridiculous since most of it happen in Ireland (Apple, Google, Microsoft set up shop there to avoid tax)

Some banks do. Some don't Most need thumbprint to topup especially if you are new.

It means the price is RM1/unit. So what's there to list?

This post has been edited by Ramjade: Oct 7 2016, 10:22 AM

Hi, long time no see. Actually I wondering how will they know if we have a post box (for shopping purpose) if we don't declare.

Nope. Because it's fully dependent on malaysian market. I got only 3% p.a nett after 3 years. Well since you open just hold for 3 years.

Takkan everything money related, when you opened they checked with US meh?

Maybe we have to update to asnb?

You know right eGIA-i? If you cannot get any units, park inside there first. Then when you want to topup, withdraw from eGIA-i. Rinse and repeat. That's what I am doing too for FSM.

Yup. As I mentioned the longer I stayed with ASX FP, the more opportunities I will lose to get higher returns. Already stop topping up ASX FP. Topping up UT via FSM when time is right. Yes. Big argument over there about NAV but for me personally, NAV plays big part. So timing will have to be right to buy in.

ASX FP can only earned you 6.x% but say you don't want risky stuff, just put in RHB Islamic Bond and that will nett you 7.x% p.a

bbgoat just grit your teeth and hold. I lost about 15% in 1-2 year. Bought in at its peak. Then KLCI drop and never really recovered. Luckily maaged to salvage back nett profit of 3%p.a after 3 years. Moved everything inside ASG to ASX FP. Now left only 100 units inside.

This post has been edited by Ramjade: Oct 8 2016, 08:33 AM

Account > fixed deposit (left side) > general investment account -i > make placement

Yes. No problem. Cause if can do with ASG, should be no problem with ASW. I contra from ASG into my fixed price fund.

Yup. The trick is tell them you want topup xxx amount for ASW2020. Don't show them your other book. Once you get what you want for ASW2020, produce your book which you want to withdraw from.

If they ask source of income before hand, you cannot use this trick. This was the trick I used to used to contra ASG to ASW2020.

Yup. Doable. But keep in mind that some bank cashier will not want to do it for you (if they asked source of cash before hand) as it's more work for them (personal exp)

A poor non performing unit trust.

Can. No problem. Just change book.

Yes. If staff helpful and got units available. If not, cannot open.
Opening have to be over the counter at banks/asnb/post office.

A tip. Whenever your FD matured, DO NOT GO FOR FD promo. Straight divert the cash to FP funds. That's how I did. Still have 1/4 FD left which will park in UT via FSM.


1. Take a leaf out of unker goat's book. You don't need to win a genetic lottery. You just need the right person and time.
2. Adk bbgoat hard to get or not.
3. True.
4. Not necessarily.

This post has been edited by Ramjade: Oct 13 2016, 07:54 AM

Because it's true. The longer one stays with ASX FP the more one lose in terms of gains. I am not withdrawing out my ASX FP because
(1) liquidity - it can function as my emergnecy cash reserve (a large one instead of eGIA-i)
(2) acceptable returns - 6.x% without losing a single sen.

FSM is an online platform to buy UT. Buying from agents incur 5+% service charge. Buying from FSM incur only 2% service charge. There's eunittrust too which offer 0% service charge occasionally (something which FSM don't). Will open that when I have time.

The changes are already calculated into the NAV. 3% or even (-) returns happened if the market is bad. If the fund can give 12% p.a nett after 3 year, I will say it perform better than FP as FP give nett 6.x% after 3 years.

Not to mentioned some people don't like govt related stuff/some don't like non-transparent stuff/some think it's all ethical isaue so they don't want touch fixed price fund which IMHO is silly. As long as it's better than FD and can outrun inflation, that's good enough for me.

Besides like I mentioned there's rhb islamic bond fund (vp) which give consistent 7.x% every year. That 1% might not seem like much now. But over time, rhat 1% stack up.

Actually KGF beats ASX FP hands down. Both invest in malaysia stock market.

ASB is never full. Or else hoohah

Kenanga growth fund. But because of all kind of issue (xmdb, china, US) KGF, is not performing at the moment. KGF is one of malaysia top performing unit trust. If you want to see the "real" performance of ASX FP, just look at ASG and ASN3. That will give you general idea how it perform.

Of course we just have to pray that their reserves don't run out.

This post has been edited by Ramjade: Oct 13 2016, 07:51 PM

Yes. Like I said malaysia top fund.