Haha, no more after that. Was told by the RM it was a requirement to sign the document. Seems to be some UT as I bought 2 UT that day, one no need to sign.

Or was it politically exposed person (PEP). I kena the PEP before at one of the local banks

I did not encounter that PEP. Just the HNWI for last few months.

good to know

seems it's norm they ask to sign those declarations

hmm never encounter PEP before?

u got any connection with the Political leaders? or Father name similar to those political leaders?

It seems to me to be certain category UT only.

Never, maybe because I already joined some of the banks before this requirement is enforced. Nowadays stricter and stricter conditions imposed for new accounts, not old account holders !

This post has been edited by bbgoat: Apr 7 2017, 06:05 PM

yup.

nowadays it's very strict..

everything they see.. even source of your income

Most likely will give RM10-00 to the baby as a welcome gift.
Think that's minimum requirement
opening account for kids.

Well Ii guess so..
Anyone can confirm...

Scary that u guys are talking bout 3 4 million ringgit asnb.

Quite simple for those who work overseas and convert back to MYR.

nothing to be scared off..

there's a lot people holding few million in ASNB funds..

just that they all really low profile & not active in Lowyat...

For Opening ASB -
Minimum Initial Investment
Investment book: 10 units

While the others - ASM, ASW & etc
Minimum Initial Investment
Investment book: 100 units

I think so. ...

This post has been edited by yvonne2016: Apr 7 2017, 11:55 PM

started w 100k Oct 2013
rule of thumb to estimate,
IRR 10% = 1 year 10%, so to get ROI 37%, need >3yrs (3.7yrs)


????
past u cant change, future u cant predict
but current is what you see now.
you can act on it, sell and take all profit if unconvinced


You should have pumped in more to ASX since your FD:ASX was 80:20, mine is like 50 50 now
Every 1M in FD is losing out RM20k


sell all and run?
?where to dump the money.

Yes.
ASB one is only rm 10
To encourage bumi to invest

whats scary is how do you get that many units. Having few millions in asset is common but in asnb as non bumi thsts tough

as non bumi its very difficult to get units

ASB is the only fund that has not been moved to the new IT system, can't remember what it's called. Every other funds have been moved, as such they are available on the portal. When asb is moved eventually, you would see it appearing alongside other funds on the portal.

When the portal will officially open?