Not really. If I am not mistaken, The pengisytiharan does it in 21 days. But with a will just a few months (2 months?). There was a discussion about this in one of the old threads.

V think there is enuf time to live but v nvr know which moment is the last
If u think will is not important as part of wealth mgmt, then just forget it

I, for one, still "diversify" into FD and others. I still treat FP as UT. We all hope everything is OK and no issues. I would not put all my eggs in one basket.

I still intend to keep more in FD, much more, than in the FP. 

Other, don't throw stones at me !

I wondered and even asked some of the PM agency managers

They just give me some run of the mill replies like PM focus on stability bla bla. Their fund volatility tends to be lower than industry average

Another possibility is fund size too big, and therefore mirror-ing index
p/s: This one I quote other ppl, not my original idea. Cannot simply take credit

You would observe that with CIMB Dali funds as well. Used to be fantastic, now is 

pps: If I must speculate on PM fund returns, I think they put the bank's interest before the interest of the investors. But this is pure speculation, no basis or evidence. So I'm staying away lor

Icic^^" good if they introduce their own online platform, then we can hunt unit from both side

Maybe I'll kena bomb here instead. Anyway, collating all the past reports would only tell you 1 part of the equation, which is

- how was reserves were used to pay out as dividends in a bad year when current year profit was not enough to cover the current year dividends - Actually I doubt if there's any year they need to do that since the investments are mainly dividend stocks and even when times are bad there would be some dividends declared

The part that I think cannot see is
- unrealised capital loss - previously someone posted how Maybank value to investors are reducing even after you take into consideration dividends declared. Another example is Public Ittikal fund, they continue to distribute 8-9%, but the net returns (capital + distribution) is actually much lower or even negative at some point
So the reserves would mostly to support the NAV of the FP funds at RM1 or above

If anyone has more information to share I'd be more than happy to learn. Tag me please as I don't follow this thread closely

What do u mean by a political fund?

How does that determine your investment decision?

So if these FP funds are instead offered by conventional fund houses like Kenanga or PM, it will not be attractive anymore? 

So if these FP funds are instead offered by conventional fund houses like Kenanga or PM, it will not be attractive anymore? 

From the Taxation Act, if work is done locally but paid from a foreign country via direct remittance to a Malaysian Bank Account, then you must declare. Taxed or not, let LHDN decide.

If work is done abroad, including normal work and investments, there is NO necessity to declare.

Please interpret the above paras carefully, and you can see clearly where is the possibility for taxation.

Some will say can top up rm10 too

Open new acc is rm100

Top up is rm1 only..

But hey who the hell does that.. Top up rm1.. Even I did rm50 also after sweet talk & some flirting

After trying for 2wks, today got $100 each for AS1M and ASW. Very hard to get these days. Despite the economy, people still have $$
Anyway anyone managed to register their account in MBB, CIMB, Affin after changing your passbook? I registered last time successfully but after getting new passbooks, I reregistered with new account number but rejected ...

Thinking to let go 25% of savings and move to foreign currency.

Boss,

I had started with Sgd investment since last year and Sgd savings few years ago. Easier for me as my relative in Sg too.

As for USD, I only buy US shares as a USD investment. Do u have USD FD in overseas ? Or FCY FD ?

for 3 books. I m just early 30th only. how to have so much savings.

I also don't know lar..

me already fed up..

like people gang up against me 

My normal insider informed that the rule was imposed having been advised by the authorities to prevent money laundering as part of the AMLAATF act thingy which is enforced by both BNM and SC. And with all the news of SPRM going around charging government officials and corruption, they're probably just erring on the side of caution.

Normal investors should not be too worried about the rule but for those who need washing machines for their ill-gotten gains, PNB is one less avenue that's available to them.

Besides academic, gud fund managers need to have the relevant skills n expertise too

My contact said that they've completed another round of testing. It was mentioned that the project is pending approval from the top-top management of PNB (Chairman & President) before it would be made available to the staff for a soft-launch and subsequent public launch.

I guess they're just waiting for the right time to launch it to the masses.