What if there is a global crash, new reserve currency etc in the coming months/year? EPF being more overseas exposed will take a bigger beating. ASMx will suffer too but may be cushioned by our domestic market.

But that is just my layman's mindset.

from my observation

economy really slowed down

malls and restaurants have lesser crowd and even weekends also lesser traffic jam

the partner wallets for fast foods in Boost also still avai until now, usually very fast fully redeemed

looks like Bang Non needs to wait longer for his collection of RM5b to be fullfilled

Why not just go for ASM?

For now the worry for ASM funds are more on wrong investment rather than economy

You know... those companies started with S that reported crazy amount of losses

Meanwhile the Malaysian prime minister only raised interest rate once recently in such a very long time in fear of losing popularity and voters. Not good for the Ringgit. If bossku is not in prison, things would have been better for MYR.

PNB's net income drops 12% in 2022, hit by weak bond, equity markets performance
https://theedgemalaysia.com/node/672603

It has nothing to do witht the fixed price of RM1

Even for banks, they will have difficulties paying all the depositors if there is a run simply because they are not able to recall all the loans in such a short timeframe

I guess nobody wants their housing loan being asked to payback 100% immediately... but bank can't do it in the first place lah

Even EPF, also will have hard time if suddenly another round of 'special' withdrawal because they will need time to liquidate the invested assets

If want to worry about this topic, cannot invest liao better put under pillow

If can get cashback from various CC for topping up TNG (also delay payment of the actual amount till after statement date of the CC) those can be worth more than RM1.

ASNB merdeka socmed posting have some hidden messages in it....

Don't know if you guys realized or not....

Basically they "begging" unit holders to keep $$$ saving (in ASNB funds) So u guys can have financial freedom later in life (which also interpret there's some mass withdrawal from don't know which funds??)

Anyway
See the comments sessions from unit holders blasting when the damn dividend announcement & rate 😆

Edit: FB page comments

Ough...
Long way to go.
ASM should be lower than ASM2 right?

Okay. Good planning

Just to inform you about EPF blockage...

Simply cannot withdraw as u like...
Unless fulfill certain T&C....

Typical EPF withdrawal.... as stated

That's why the ASBF is not popular anymore....

Dividend cannot cover.... previously many "abuse" tte facility...  got loopholes...

Re-loans ASB cycle till..  some managed to enter million ringgit club of ASB 💪

Hmmm...

Initial objectives is that... Help the poor but somehow after years... It's not...

More like helping out those already "rich"...
The biggest hint is the 100k increase of quota & new ASB 2 fund... Ordinary poor bumi cannot even fill up the 200k "fresh $$$"... Can see in annual report.... Then government open up ASB 2 with initial 200k quota...

Same to be said for EPF too...
The increase of 40k in self contribute limit.... . Seriously I say... Ordinary kuli don't even have 100k spare to dump into EPF self contribute facilities....

After 3 months, ASNB finally sent me the full investment portfolio list for ASM3 in 2023.

[attachmentid=11492527]

They bet big on Estee Lauder it seems, back then.

Previous years and other funds' Excel files are included as well for completeness. Let me know if you encounter any issues with the files.

All error and omissions are my own.

Enjoy!

I don't understand how can a country survive with such OPR? For example now my housing loan I am paying around 4.3% also killing me...
They pay 50% interest then why still want to loan, just sell the house or the car and become debt free better

Can i safely say that ASM is better compared to ASM2 & ASM3?

ASM3 pun difficult to buy now.

Wonder those KWSP members who withdrawal out from Account 3, invest in what currently?

There 2 person here who actually invest via RIA

The aggressive type & the conservative one...

So long didn't update... Probably making losses??