Actually it's one of it's kind. Only available in malaysia. No other country have this kind of scheme.

If govt give you something, use it. I agree. It's a good safety net. For me now, it's a parking place while waiting for 20-30% discount

5 digits total = lower end

Ikanbilis only 4 digits total = below lower end?

As what alexanderclz said. He miss out "provided you still have say min amount inside". I don't know what happen if you withdraw everything.

Oh..
If let say I plan to put 6 digit in AS1M is it dangerous? Or should put in ASM and asW better?
Heard ppl said as1m under najib and will never perform better than ASM

Sifu, the financial report mention MSG in percentage in ASIM while klibor in ASM. What is the difference ? Is it ASIM bought Malaysia gov bond? And the bond will impact it?

Personally I would say conservative. They may not be able to match the returns from certain VP funds in the market but they would outperform at least the majority of VP funds in terms of yield.

bro...go read up last 10 or 15 pages..u will get your answer...
later bro ancient xing angry ohh 

Got,... those who have two or more citizenships, but still held-on to their ICs,... which is not legal in Malaysia. If a Malaysian has obtained Citizenship in another country, he/she must surrender the Msian Citizenship, and sell-off their PNB Units for true Malaysians to buy.

I know of Malaysians who studied overseas under gov't scholarships earlier from my old days who are still holding-on to their ASB units and have the dividend TT"ed to them every year. Haha,... and guess what, they never returned to Msia and have gotten Aussie citizenships.

So,... they can claim Aussie benefits and PNB dividends.

I know PNB is monitoring this forum,...

That's memang official answer. But we know better Units are available to be purchased provided some one sell theirs.

Simple
1) service charge of 5.5% which means the fund need to perform more than that to just break even.
2) Better funds exist (Kenanga Growth fund can be bought via FSM MY). KGF have been shown able to beat this ASG for 10 years+ Now do you still want to put money with ASG?
Of course, there are other better funds than KGF too but I use KGF vs ASG because both invest in bursa saham. If you buy KGF via FSM MY, service charge is only 1.75%.
Think of it like FD. Put in money, after 1 year, they will give you min 6%. If you don't withdraw, it will be rollover and next year you have more money; original money + 6% money + new 6% monwy (this is compounding at work).

Instead of FD where you need to go chase banks for best rate (in the range of 4%+), this is set and forget at 6%+ will roll into your account every year. Plus point, you can withdraw anytime and still get the return provided you still have some left over money inside unlike FD where you forfeit your interest if you withdraw early.

Now, if you don't withdraw anything, basically your original money will double some where in the 10th-11th year. (rule of 72. 72/6 = 12 year)

When you sell your units, you get your money lo. But keep in mind, lots of people will snap up the units you sold

Ah I get it now. Thanks so much!

Can get your advise? I have a bond fund with PB, bought since long ago when I was fresh to investment and didn't do research. After calculating XIRR, its only 4%. Should take out all and put into ASNB instead? Much higher returns right? Was going to consider KGF but like you said unit trusts operates differently.

Right,...

Just learning from you, bro.... these students under the JPA Mara schemes earlier, were they given scholarships with bonds or were they given study loans ?

Thank you, bro,... appreciated yr explanations,... wow, really great gov't we have here,... I think this is the only country like this,... in SG, they are bonded,... If nobody disputes to your statements above after this, then they are true.

Then,... if full schemes, without bonds, then surely many run away after they studied overseas. The overseas gov't also may take them,.. If full schemes without bonding, just aids,... there is no reason to track them down, bro,... they have ALL the rights to run away,...

I think ONLY Malaysia has this kind of privilege for her people,... err, the Bumiputras. ... Yes, that's why brain drain,... The New Economic Policy benefitting other gov'ts and other countries in the end.

I beg to differ on the current PTPTN, bro,... it's more strict now, they are really putting in effort to collect back the loans.

Yes, mentality,... I call it differently,... I call it the quality of the people.

Some of my friends said they don't have to withdraw,... just leave the money in ASB, then the money will compound itself every year. If they come back for holidays, then they can selloff units to use some funds.

Unless, of course, they can find better ways to make more money with that ASB money, they will just leave the funds inside the ASB ! But recently, quite some people are withdrawing the funds out, because earning that dividend is not enough to cover the weakening of the Ringgit.

SO,... they sold their units from ASB and TT the funds out,...

Times are changing,....

Let be give my observation...
From previously contest or games whatever..
U see only the names from "certain" people..

Good luck..

Wtf!!
Just saw it now..
Don't know who butthurt report my post
What reason??

lolz many people waiting list to buy the units
That's how hot ASx is.. No wonder others UT providers jealous

I read somewhere all of ASNB and PNB's funds make up almost 10% of the KLCI so if ASNB fall than you can safely say KLCI will also fall lah