Let me guess..
It's old folks does that? They got time...
Stay house bored. Go branch can tcss.. release stress.... Meet many people too....

To be honest, are these kind of out-of-the-system transactions legal?

The risk is high apparently.   

One improvement I would recommend for ASNB is to make public the current (real-time) outstanding units available for greater transparency instead of limiting that information to the staffs at ASNB offices and their agents.

Ehh wait..
He withdrawing in banks right?
Or now change to direct dealing....

Didn't see any post in garage sale section??

Wah..
It's high side already...
0.5% can accept lor 🤣

haha, u willing to sell urs for 0.5%?

The term involved is AUTHORIZED seller. Agent banks are, but you are not.

Think about was it legal to setup a business (assume you got 100m in FP) to sell FP fund at 5% commission? It is the same at individual scale and lower commission.

if sell off the available units at 5% profits....will it be sort of killed the gold egg laying goose?
1 time profits of 5% but lose the opportunity to have risk free and yearly get 6% ROI, while searching high and low for no risk and 6% pa ROI investment vehicle

employing people for that 5% profits?
getting 1K is already not easy,
the UNITS you sold are actually transferred, thus not on sale in the market

Transfer between ASNB funds involves two different Unit Holders of the same fund.
For instance, Unit holder A would like to transfer 100 units of ASB to ASB Account Unit holder B.

For fund(s) that has/have been registered under Hibah Amanah, the provision in the Hibah Amanah’s contract applies ie the amount blocked as Hibah Amanah cannot be switched/transferred.

What are the procedures to apply for transfer and switching between ASNB funds?
Unit Holders are advised to fill in the following form:
Borang Pemindahan dan Penukaran Unit (ASNB TS)

Can the transfer and switching facility between ASNB funds be performed online through myASNB portal?
Not available yet.

http://www.asnb.com.my/asnbv2_5faq_EN.php

meaning I can still sell, even there is no buyer?

now is past 4pm, will try my hardest in case got units

unstable portal...

more often divert to main portfolio page...

lucky not auto logout.. then waste 15min...

eh... has it been announced? where's the news?

More than 1m you can touch d if not mistaken. And year 50 you can touch account 2

Hi Bro, Im trying to slowly save money n invest in ASM... But my wife says this no principal guarantee. Every day try also difficult. We at situation where every $100s mean a lot. What u think....cannot face double whammy.

Thank you all for your kind sharing. Can't take the challenge with Trade War etc. Tomorrow will withdraw some to put into FD. Just to confirm, my ASM can get prorated interest? Thank you, all. Bye.

I am quite invested in Maybank now. Gives consistent dividend, price wise quite stable.

LOL, 1st time heard ppl say feel stress and fear when invest in ASM.....
basically buying ASM just like putting money in FD, just the rate not predetermined like FD only. And we can quite confirm to say the rate will be higher than normal FD rate....

The only fear I think will be PNB bankrupt....

Member Group: Probation
Joined: Today, 01:37 PM

yes. ideally enforce a cap on how many units a person can buy in a day, say $1000. then we can close down this forum already.

Ofcourse we know of the compounding effect.

Her main concern is that she want to put aside emergency funds. We dont have emergency funds yet.

So if ASB funds(the dividend amount, not the loan amount) can be withdrawn anytime incase of an emergency, might as well just leave it there.