Manage to deposit Total RM 2000 cumulatively to all my ASB funds. (ASW2020/AS1M/ASM)

Still difficult to get units despite festive period ( when we expect people to withdraw for festive expenses)

Well it's not your luck..
Time have not come yet for u to get some units

They entertain non bumi to top up for fixed priced funds on Saturdays?

Not sure.. But can try luck lor

You bought from me this afternoon.

How many millions u withdraw today
Run before it's too late..

You overestimated me, bro,...

Someone needs to explain to me like I'm 5 year-old.

Why it is hard to get unit on ASB?

You are giving them money and they refuse?

As I know the maximum unit for ASB is 200 000, but if exceed 200 000, should I withdraw the balance and put it in other fund such as ASB2?

Mind to share where did u get the fund?

You have no right to ask someone where they get their funds from. It's totally rude man.

U have no right to say I have no right. It is totally rude man.

First, there are limited units in the market because ASX FP is view as a product where you cannot lose money (how can you when NAV is RM1? )
So let's assume that there are 1,000,000 units available. Because it's such a "hot product", Ah Cheng, Lee, Chong, Boon, and Pang each grab 200,000 units each. Now there are no more units left. Come Mr Yap. He wants to buy RM200k too but because all the units are held by Ah Cheng, Lee, Chong, Boon, and Pang, so even if he got RM200k, he cannot buy because there's none left.
Now Mr Yap is persistent. He try everyday. He say die die must put!. So one day Pang decide to sell RM100k because he's getting married, need to go honeymoon, so he sold off 100k units, so now there's 100k units in the market. But Ah Cheng have been eyeing the units too. He always leave book with the banker ask them to try RM50k everyday. Ah Cheng managed to grab up 50k units. So poor Mr Yap only managed to grab RM50k.

Understand?

If you had trouble topping up, go affin/ASNB.

I did the deposit in Taipan Maybank but the queue is long as it is lunch hours. I waited for a 30 mins for my turn.

This post has been edited by you90: Jan 20 2017, 08:27 PM

Thanks some great explanation. I understood instantly.

The above conversation cheered me up after a hard day,...

Tq bros,... Is LNYC a lady ???

He did not explain to you why is the 1 Million units not able to be made larger, perhaps to 2 Million units,... so that more people can buy,...

Are u referring to ASB/ASB2 for the bumi, or ASM/ASW/AS1M for all Malaysian?

ASB/ASB2

I think Ramjade's example referred to ASM/AS1M/ASW.