QUOTE(silverwave @ Apr 29 2017, 05:13 PM)
Hi, i'm planning to remove my money from ASG Pendidikan because the returns were quite bad last year.
What do you think if i move it to AS1M? Can this be done at Maybank branches?
Also, i want to check if this is true, if the fixed price funds are full, we are not allowed to open an account?
Yes. Can I did it before.
No it's not. Official answer yes. Unofficially can still topup if got people sell.
QUOTE(silverwave @ Apr 29 2017, 05:23 PM)
Payout was 4.5% compared with 6%+ the previous year.
Do not look at distribution for variable price fund. Distribution in ut does not paint an accurate pic of return. They give you 7sen dividend/distribution does not mean that your the fund give you 7% retuens

for all you know real returns could be 1% also or (-)
How to know? Here's the crude way.
((Final price x no. of unit) - (buying price after 5.5% service charge x no. of unit)) x number of days/365 x 100%
Of course if you use excel, will give you a more accurate pic.
How I know? ASG gave me 7sen dividend/distribution but in reality I suffer ~ -15% loss after using that formula above to calculate. Those were days buy ASG at it's peak and malaysia market kena sell off few months later.
Of course some fund give like 1sen dividend and real returns in % are great. You look at % of returns in UT not sen. Sen only for shares/fixed price fund.
This post has been edited by Ramjade: Apr 29 2017, 05:58 PM