If you are not a risk taker, this is a good option.
You have to go PNB and open account, put initial investment as low as RM10, then can go back and top up with MyASNB.

"Average minimum unit available for respective month" through out the financial year is counted for dividend eligibility.

During financial year end, dividend will imburse in form of unit into respective profile.
For instance, ASM3 financial year end on 30th Sept.
You should see extra unit on 1st Oct.
Then, if you want you may cash it out at PNB, Pos Malaysia or Bank.

This post has been edited by xeon1989: Jan 18 2019, 03:56 PM

Take note that not 6%pa every year.
As told by all unkers and sifus above, this year probably lesser, but supposed to more than FC.

You are loosing money anyway if you just wanted to open account with VP, so any of it will do

Why will receive less than what she invest?

Reunion but everyone playing phone, buying units with it.

It's totally possible.
Managed to get 25K in 2 days.
But high amt of coz need some hardwork.

Not really nomination but you have something similar.
Google "Pengisytiharan Amanah".

According to this
http://www.asnb.com.my/v3_/pdf/perkhidmata...araanamanah.pdf

Your question is answered when u scroll up.
To save your time, let me correct it.

1. Higher interest rate, but not necessarily 6%. As mentioned by sifus and unkers, this year probably 5.X%. It really depends on how Zeti play our money.
2. Yes you can withdraw anytime, but you only get dividend (aka Interest ) after end of financial year. Any it is prorated by month, calculated by minimum balance.
3. Yes. To be exact, if you can deposit on 1st of the month, amount considered for dividend will includes the money you deposited. (Note: I can't prove this, see if any unker can back this up).

4. Yes, we have discussion about how PIDM insure the FD. Due to vast amount of money involved, I doubt it can really compensate the money you lost when something happened to FD.
5. If you're indian, you no need to fight amount for ASM3 as there are already 30K quota for you.

For this month, you got a big fat zero.
Unless if you topped up on 1st Feb.


I thought the last 500K is 0.25%? See the PDF I attached above.

This post has been edited by xeon1989: Feb 20 2019, 01:56 PM

He mean once dividend released, ASM should be open again.
Do manual Sell and Buy.

If A transfer unit to B in mid of the month, will both of them sacrifice dividend of transferred unit?
Since dividend calculated based on min balance of the month...

U all unker is my idola.
Wonder when only I can top up 5 figure casually.
My plan to kaya raya with dividend will never comes true.

As expected, end of month.
That also explained banking system down due to too many topup.

This post has been edited by xeon1989: Feb 25 2019, 02:29 PM

dank, I missed the boat. early bird got their worm.

Edit: left tiny amt of unit. faster go grab.

This post has been edited by xeon1989: Feb 26 2019, 10:16 AM

Not to mention with bank you don't need to key in captcha.
But it takes RM1 for each successful transaction.

Not to kill the mood, but actually u can have min balance as low as RM10...

Official website said RM10.
Anyway, damage done. Nothing you can do.

http://www.asnb.com.my/asnbv2_2funds.php#asn-s1

This post has been edited by xeon1989: Feb 26 2019, 11:45 AM

Maybe this is reason of ASM2 mega sale yesterday?

It's possible to transfer unit, but not from Current Account to ASM3.
It's within ASx only.

RM200K is not really a huge sum if you have the commitment.
It can be done within a week or so if you hardworking enough.