Yes. Used to have promo for new user if they use DCA after the first month, they will get 1% SC for 6 months. Now no more. Whether you DCA or don't do DCA, you pay full 2% unless
(i) there's a promo
(ii) you have credits to offset the 2% SC

Thanks guys. Was thinking of testing the water by starting off with 1k and DCA-ing for a few months but doesn't seem worth it for such a small amount after taking into factor the sales charges, etc.

in % calculation...the amount is relative...

RM100 x 2% = RM2

if you do it repeatedly for 10 times = 2 x 10 = RM 20 for your investment value of RM100 x 10 = RM 1000

if one lumpsum with a lot of money like RM 1000 he still pays RM 20 SC...

thus invest small amount or not ...is just a .....

the good I think,...just thinking...... is that small amount prepares one emotionally if the market corrected.....but this too can be bad...for if the market "bulled",....one could curse and may end up investing more then he is financially or emotionally prepared for.
just thinking-yah

This post has been edited by T231H: Mar 20 2017, 08:55 AM

unless u millionare then u get lower SC..
but invest 100 or 1000 now doesn'matter, as it's a 2% flat rate bro..

start small, invest regularly, build your behavior, that's what matters!

Thanks for the insightful advice guys. Would unit trust be a good option for someone who has 100% of his investment tied up in ASB? I feel like it's a good way to diversify my portfolio and potentially earn more on interest in long-term (but of course with higher risks)

for me,...just me....I would say...max out the limit for the ASX fixed price fund....(not other ASX products)
then diversify into others....

What's 2% when returns can be double digit? Of course if buy wrong fund then different story

Banks charging you 5.5% vs this one at 2%, I will take this.

woonsc even if you are millionaire, you still need to pay 1.25%

This post has been edited by Ramjade: Mar 20 2017, 09:03 AM

My worry is that ASB interest rate has been steadily decreasing over recent years and I'm pretty worried of putting all my eggs in one basket

True. So you're saying DIY-ing with FSM is the way to go?

well, for me,...just me....if I go for the ASX FP......I don't have to go buy FI funds....
got steady returns.....then when got surplus money and/or become greedier for ROI ...diversify in EQ funds or other investment products.

on this "So you're saying DIY-ing with FSM is the way to go?"...
just be "Caveat emptor"....
it could be NOT for some people....

ASB interest rate has been steadily decreasing over recent years????
with this notions,...you wanted to diversify......
may not good in my opinion (just my opinion), to have this thinking or practice in heart then carried them over to UT investment......for the funds that are good for your investment portfolio may suffer that low ROI fates for some times, too....then how?,...sell them and buy others again?

This post has been edited by T231H: Mar 20 2017, 09:29 AM

For the first time ASB gave a return of 6.75%. Whether can go back to 7.xx% depends on how bursa perform over this year. But it's true. It's dropping every year.
My recommendation is build up your fixed price portfolio first be it ASB/bond fund. Make sure the amount is your total 1 year salary.

If you asked me last time when I only know amanah saham, I will tell you that's the way to go. But since there's FSM, you need to be more "risky" to preserve your wealth. No choice or else your money in RM is eroded by depreciation + erosion.
As Showtime mentioned in the USD/MYR thread people who invest in malaysia have to fight both depreciation + inflation. To make your life easier, we can remove depreciation from the equation and fight only inflation. That's why risk adverse people have no choice but to take on risk.

This post has been edited by Ramjade: Mar 20 2017, 09:53 AM

You have a great point. Indeed it's not a habit I should carry into UT, but i'm not thinking of selling ALL of my ASB investment. Just thinking of diversifying my investments by taking out 20% from my ASB and putting it into some other funds. I'm not doing it because of underperformance, but think of it as a diversification exercise to expand my portfolio and invest in some funds where I can take more risk on in the long-term.

Does this sound logical? Hahaha

Good idea too...Just make sure the roi of funds that you wanted to buy can beats the roi of asx fp.

If you are an investor who each of your investment quantum (top up or initial investment ) is above 5k, do keep an open mind on eunittrust. No I am not paid by eUT.

well i looked at amanah saham gemilang fund fact sheet for asg pendidikan, the dividend distribution and also the NAV looking good for this year...i already ask my sister to invest 1000 in it plus she also eligible to apply asb loan for 4.8% rate...hehe...anyway what im trying to tell that ASN funds are also good to invest in.

are u serious?

Stay far away from ASG/ASN3. You as an agent/salesman should know that dividend in UT is not important. Exception is the fixed price fund. Unless..

Returns since the last 1% sc promotion in October? 2016

So from the list I do feel that Technology and India has already gone up really fast for the past 6-7 months .
17% in 6 months is very good performance so I expect less upside from now onwards.

So I have around rm15k to invest, what areas do you think would have more upside potential for the rest of the year?
I think REITS potential is limited with US interest rates hike, which means only asian income left?

What ports do you think will take advantage of the upcoming local election?

Why above 5k can consider eUT? Can explain?

Because eUT usually have promo. Topping up >=RM5k = 0% service charge
Now is whether you got the money to topup RM5k one shot or not

Imagine 6 funds to topup = RM30k Of course for some, RM30k is peanuts