No need to find $$. Unker loaded ma. No problem.

Er actually your goal is to beat fixed price fund not FD. Why? Fixed price fund is practically already beat FD on numerous times. So why pick a losing horse (FD) when you can pick the winning horse (fixed price fund)?

If you have been following topic, there's 3x a year where you can get asnb fixed price fund. So why go harping about variable price fund when one can easily the fixed price fund 3x/year?
No variable price fund can't beat FD. Service charge already 5%. So even if it were to perform 6%, you only get 1% nett for variable price fund.

Also, if one wants to look a variable price fund, there are lots of Malaysians focus fund which beats amanah saham variable price fund.

So no thank you. I stay far away from variable price fund.

Use simple maths.
FD promo interest let's put it at 4.5%
5% service charge. Tell me, how are they going to beat FD when their service charge already eat into profit?
10% return? I don't see many ASG ASN3 give out more than 10% returns over the past few years. Usually single digit returns.
Remember, amanah saham is focus on Malaysians stock market and majority of bursa have not have a great year these past few years

Here are hard facts to backup my arguments
2016 -0.88
2017 +4.80
2018 +6.76
http://www.asnb.com.my/v3_/asnbv2_2funds.php#asn-s1
http://www.asnb.com.my/v3_/pdf/produk/ASN-...8FFS_ASN-S1.pdf

To add salt to the wound, here's one of Malaysia top fund performance
https://www.fundsupermart.com.my/main/fundi...th-Fund-MYKNGGF

Happy reading and let me know what you think

He/she wants to put money into variable price fund, let him/she be. I did my part by trying to steer people away from variable price fund. Losing money is the best teacher.

This post has been edited by Ramjade: Sep 29 2018, 05:36 PM

Read first page and you will know best 3x/year time to buy.

Please get your facts right. Dividend in old unit trust aka variable price fund means nothing Is left pocket keluar,
masuk right pocket. First step in investing in unit trust is not to kena conned by agents/marketing claiming this fund can give 15%p.a dividends.

2nd, you would have wasted your money if you had go for a 2.5%p.a FD vs a promo FD at 4.5%p.a . yes FD rates varies but if you know how to play the FD game (recycle cash), you won't even get board rates FD. You will get promo rates every year Over the past 5 years many promo FDs are in the range of 4.x%p.a. Same tenure, same bank different rates. Don't you think is a waste of good money by donating free money to banks? Now tell me why should I put money into board rates FD when I can get promo rates FD from same bank for same tenure?

For a while you said Sara 1, then you said Sara 2 Yes Sara 2 service charge is 3.5%. But again as I said, promo FD already 4.3%p.a risk free money (put as 4.3%p.a since is more realistic) amanah saham fixed price 6%p.a. The fund needs to generate more than promo FD rates for it to be attractive. Let's not forget, by placing in Sara 2 or any of other variable price fund which charge high service charge, you are already forgoing one year of profit. Let's not forget to add if market does worse, - 3.5% - 5% (eg), that's - 8.5%p.a in one year. Now how are you going to catchup with FD or fixed price fund?

Because people want to test water with VP?

Reason was desperate for amanah saham and kena conned.
Don't worry. Sudah kasi plenty warning. Poster don't want to listen, cannot do anything

Agreed. Between VP, FD and KGF I pick KGF.

Depend on what you want.
You want slow steady, go for ASM 1,2,3
You want faster a bit go for KGF lo.

No. But buying from FSM MY and eUT Malaysia practically decrease your service charge. FSM MY is 1.75% vs eUT at 1.5%. Of course every now and then you have promo which slashes the service charge down to 0.x% FSM promo or 0% in eUT promo.

You can pay service charge at 5% by buying from banks.

Of course.
ASNB fixed priced fund generally invest in malaysia blue-chip. Anything they earn, they won't give you all. Hence the ability to pay min 6%p.a. How long this can last is as good as anyone's guess.
ASNB VP fund is a UT which also invest in blue chip. Difference is not price is not fix. Price depends on the stock price. You can gain more, you can lose money also.
All ASNB products are not carried on FSM or eUT website.
KGF is a UT which invest in Malaysian bursa not limited to blue chips only. They can buy anything they want. Concept is same as ASNB VP. Price depends on underlying stocks. Overlong term (few years) KGF > ASNB FP/VP
You can buy from banks or even Kenanga itself.
Buying from banks and kenanga itself will incur service charge of 5%.
Buying from FSM or eUT incur the fees as mentioned above.

This post has been edited by Ramjade: Sep 29 2018, 08:04 PM

It's all about timing.

If heart cannot take it, then yes. If heart can take it, go for KGF.

Malaysia economy no good now. Can't do anything since KGF is focus in Malaysia. Avoid FD at all cost. If you are young max out EPF at RM60k/year.

I go for EPF over FD if your goal is retirement money. Unker Gen-X said to put Cashback money from credit card into FD. I modified it to EPF.

Move already.

This post has been edited by Ramjade: Sep 30 2018, 05:35 AM

Go ahead. Many people waiting in line to buy from you

Means as1m is earning lesser from investment buy paying you more than what they earn.
Simple way to understand is they earn RM1. They pay you RM1.10

You still get say 6% but not fill year 6%. 11 months of 6% about 5.5%p.a

It doesn't matter how long you put as dividend is calculated on a monthly basis based on the lowest amount of that month.

And then payout one shot once a year.

This post has been edited by Ramjade: Oct 2 2018, 05:26 PM

Eg 1.
You have RM1k as of 1/10.
You topup RM1k on 2/10.
For month of Oct dividend, only RM1k counted

Eg 2
You have RM1k as of 1/10.
You withdraw out RM500 on 29/10
For month of Oct dividend, only RM500 counted.

Based in the lowest amount that you have.

Dividend in VP is useless. You should know that by now.

Forget bundle. Not worth your time.

Yes. It's call EPF. Max self contribution per year = RM60k.

Then you don't have any other options.