For all fixed price funds, the distributions are calculated monthly with monthly minimum balance and credited on yearly distribution date?

So in this case if I deposited for 5 months and withdraw everything due to emergency before the distribution date, we are not entitled to any distribution?

So if we still have minimum amount in the fund, we need to wait until distribution date to get the distribution?

And if we withdraw everything before the distribution date, we will get pro rated according to which distribution rate (last FY or upcoming FY)?

Trying to clear these doubts to know whats going on in the event of emergency

This post has been edited by AIYH: Sep 26 2016, 11:51 AM

What is the cut off time for topping up or opening account on working days?

how about post office?

Since AS1M will only be open for transaction on 4/10, does this means the minimum monthly balance date for October starts from 4/10?

For RHB Islamic Bond, you need to take note that it is not suitable for funds which you will be need in emergency within a year.

As there will be a redemption charge of 1% of the amount you withdrawn if the fund you invest is less than a year

Yes, RHB Islamic Bond have 10 years annualized return 7% as per fund fact:

https://www.fundsupermart.com.my/main/fundi...d-Fund-MYRHBIBF

You just need to be aware that the fund is advised to be invested at least a year to avoid the 1% redemption charge

otherwise this fund has neither any sales charge nor any platform fee

Axcording to their prospectus:

Only ASW has quota, bumi:non-bumi limit ratio is 51%:49%

Asm and as1m open for all

This post has been edited by AIYH: Sep 28 2016, 10:07 AM

Where do you get that info, I can't seem to find it inside their prospectus

Managed to open ASM only, ASW no unit

Opened at affin bank

nope, just starting to put minimum balance first then do monthly top up

ikan bilis only please give me chance

just treat it(them) as semi saving account(s)

not to say constraint la

just beginning, and they are still not as flexible as eGIA

so trying to do monthly instead of lump sum to minimize the emergency needs to withdraw from them

seeing all these instruments made me kinda regret why didn't I have the financial saving and investment instinct younger

hope can open asw these few days

btw just called asnb and confirm that dividend calculation on October for AS1M is BAU (still start counting from 1st October)

Thinking whether to straight open on 4th or wait few days later

Managed to open ASW with minimum

Same affin branch

May be because affin is the nearest to my office and when i try to open asnb account (create customer account without needing to have unit first), at least they help to proceed unlike cimb which say cannot handle and pos office which they claim no unit for whole day

jalan bunus

Plan to save monthly with minimum initial investment amount for each fund

Ikan bilis savings slowly so hope not that hard to get

Had anyone try top up on weekend before, or is it even possible to have such a service during weekend？😅

How about Saturday or 7 day banking branches？

Successfully opened AS1M with minimum initial amount