i'm a contributor to the traffic

only 200-300 each fund. still recovering from the CNY damage

Yes buy fixed price only from ASNB. for variable pricing, there's plenty of options through FSM and eUT

it depends on which fund you are buying. ASW, AS1M and ASM is fixed price funds that non-bumi can buy. Buying any of this 3 is definitely fixed price.

if u have all 3 then can tikam 3 different places. Whether to divide or not, its solely up to your preference. Most people will chose ASW>ASM>AS1M due to ASW's record of going through 2 financial crisis.

Personally i buy all 3 cause I can tikam 3 places (it's getting harder n harder to get units nowadays) and I like to receive dividend across the year. ASM pays dividend on 31 March, ASW - 31 August and AS1M - 30 Sept. My personal preference is to maintain 50%ASM and remaining 50% in ASW and AS1M so that I get about equal dividend 2x a year

This post has been edited by savvyaunty: Mar 2 2018, 11:45 AM

my personal preference is

ASM - 50%
ASW+AS1M - 50%

reason is can get dividend split into 2x in one year

1. need to open OTC - go to ASNB branch or banks like Affin, CIMB

2. there is a quota for non-bumi and it's fully subscribed. so got to wait for ppl to sell and then you'll be able to buy the units. it took me about 1 week of my lunch time waiting at the bank to open all 3 funds. Remember that you have to buy min RM100 for each fund to be able to topup online

3. No limitation. As long as you have money and there's funds available.

Happy Trying!

1. queue and ask. for a more guaranteed success, go to ASNB cause they are able to see if units are available from their side. Also, they are more willing to try endlessly for you. They even ask my mother last time if she can wait 1-2 hours while they try for her. Most banks (like Maybank) mgiht not even consider trying at all and tell u no unit straightaway.

2. shared across the fund. even if someone in Kelantan sell, anyone can buy

3. topping up online is the easiest (unless you like to wait time queuing in banks or ASNB). this is the reason I'm parking my money here.

no transaction for ASM until 31 March. cannot open, cannot top up

Lowest balance in Feb - 2k (dividend x 2000 x 1/12)
Lowest balance in Mar - 1k (dividend x 1000 x 1/12)

manage to get a few times on Sunday. It's all about luck la

omg type captcha one hour not even a single successful transaction yet

no choice lo. salary only come in month end. have to snatch with everyone during month end

like a mad house today. maybe announce after today's proposal passed

tried for almost 2 hours. total only got 3 figure for myself and parents. so much harder now

yeah im also hoping to maximise dividend but now definitely harder than 1 year ago when i first started to invest in ASx

manage to get 500 around 1pm. give up for now. will try again later or tomorrow.

minimal difference between all fixed price. in the past ASW's dividend has always been superior compared to ASM and AS1M. However, in recent years they are all about the same. Get all 3 so that you have more option to top up.

Personally I feel ASx has better returns (6% vs ~4%) and flexibility compared to FD. It has become my short term savings account due to the monthly lowest balance calculation for dividend and higher dividend rates. Unless you have more than 10K, its unlikely to get a good deal for FD. Before ASx I was stuck with 3% FD since my amount was small so no promo rates for me. But watch out for some promo like HLB where the min deposit is only 1K for ~4%

Dividend is paid yearly but the calculation is based on lowest monthly balance.

Eg. top up RM500 each month (on or before 1st) for 4 months then in Month 5, you decide not to top up and withdraw 1000 (for emergency etc)

Month 1 - 500 (dividend % x 500 x 1/12)
Month 2 - 1000 (dividend % x 1000 x 1/12)
Month 3 - 1500 (dividend % x 1500 x 1/12)
Month 4 - 2000 (dividend % x 2000 x 1/12)
Month 5 - 1000 (dividend % x 1000 x 1/12)

So basically you get something every month based on your lowest balance when dividend is being paid out

Rule of 72

http://financeformulas.net/Rule_of_72.html

until 630pm but unlikely got units since all withdrawal places are closed after 5pm