When you die, all your holdings in asnb will be transferred to your kids in cash. By paying them rm190 (current price) + extra charges you get to transfer your holdings in unit form instead of cash.

In my opinion not worth it as
(i) we won't be sure how amanah saham return is in the future
(ii) your kid will be charged a few % commission when the transfer is done
(iii) if I am not mistaken, there's a yearly fees

Oh ya, the time is also another one. With will, one get the money slower, with this pengisytiharan amanah, one get the money faster. Thanks for pointing out about the annual fees. For me the annual fees + the transfer charge is a turn off. If one time payment of say RM100, I won't mind asking my parents to go for it. But since there is annual fees + the transfer charge, I told my parents don't need to waste money.

I've looked at it. Lawyer claim % higher than PA. Do check with your individual lawyer.
PA has extra benefits + a piece of mind for me & my family.

Will is a must, if you have significant amount of assets.

Fee for registration /will writing/annual maintenance fee is usually not much...
the REAL charge is when assets are to be transferred to your beneficiary-
the higher your asset value, the more your beneficiary would need to pay,
few thousands for every million.

You can cut down on that ("?fat bill"), by distributing your assets early while you are still alive...
eg open ASX books, buy properties, UT on your kids' name.

to be on the safe side, prepare wills for the kids above legal age also, just in case......
of course later when marriage comes in......wills will need to change.

Stumbled upon this post.

Out of curiosity, why not increase the stocks portion when you can manage your money full time? Returns can be better than UT. Ppl go into UT because it requires less monitoring.

Also, with that revised ratio, which class of asset would you be drawing your daily expenses from?

From 526 to 505, 21 missing ?

I dun understand those numbers
Can u enlighten?

True also la, stocks can be quite time consuming especially for day traders. I was more thinking of rebalancing strategy and hence I ask like that. Maybe can replenish the spent ASx when you take profit from UT

I find your allocation quite different from how people here seems to think. From what I gather from the limited time I spent on this thread the others seem to think ASx FP is of no/low risk compared to UT which is of higher risk.

Upon retirement one usually want more stable returns and limited downside risk so that they don't end up with insufficient retirement funds. So generally the personal finance advice is for retirees to move their UT or stocks portfolio into fixed income to avoid excessive downside risk

Of course different story if you have lots of dough and the UT is meant as inheritance to the kids and therefore can take a long term view.

Hope you don't find this unsolicited advice too offensive. Just sharing my observation.

I tot ratios in aggregate shld b 100%? 

Did u calculate wat is the annualised returns or IRR?

Sorry may be i am financial noob, so don't know how to calculate IRR (Internal Return Rate?).....

Not that specialized. If say 14 years, 4.4X return. But stagnant for 2 years. So lets say 16 years 4.4X return, what is the IRR ?

My UT holding is the highest in PM. Next ASX, FP and ASG, then CB UT keeping my Citigold status. Lowest in CIMB. Hahaha. 

Should it be beginning of new mth as some may still want the dividend for that month ?

hi all, is the amanah saham gemilang still available? if available worth to invest as sales charge is either 3 % epf and 5% non epf?

Temporary suspend the AS1M transaction as want to top up more on ASM/ASW... 

Hi guys, I am just wondering will vision2050 affects asw? 😵😵😵

Well it's true..
ASx is higher than FD.. Known fact..

Hmm some would say, all 3 is same basket.. ie same company why needs to do "balancing"