The bigger the fund, the more difficult to generate returns from it, especially when limited to local market

This is why the recent news about 30% exposure to foreign markets is good for those fishing

if enough people complain about being scammed, PNB may simply deactivate this feature. All transactions is between you and the company. Dont know why some people should benefit from using bots or salve armies to buy the units. plus it hammers ASNB's servers too

If the sales charge thing is prevalent might as well asnb that benefits from it

1. Disable transfers

2. Charge 3% sales charge

dont pay more then 2%?

ok noted, got your message

IN any case, by just linking this thread and seeing some people profit off selling their units directly will make them withdraw that feature. Abuse everywhere I hope it doesn't affect the Bumiputras, it is just a convenient tool to transfer from one account to another (since units are almost always available, no one is selling to each other with commissions)

Betul. It isnt a tool used to profit. Can sell back to asnb and buy from them. No one should benefit by earning commissions. These sellers are not registered unit trust agent, nor is asnb charging sales charges

No, you just need to try your luck. Same as ASB2, there are limited units, you just have to try

if you try a few days after, you are likely to get the ASB2 units. Perhaps not one shot 200k, break it up into smaller pieces. Princes of Malaysialand have higher quota of ASNB funds, remember what PNB was created for

to be honest, i am not sure. I am an ASBF broker, since ASB3 has no financing options available, I dont' much care about it hahaha

Race? What race? What is your race?

No la, I was just pulling DatoChin's legs.

By the way, from your postings I may infer that you are a Bumi, but I can also tell you are quite active in ASM 1,2,3 (fixed price that is open to non-Bumi); or are you just monitoring the activities but not depositing any money in them?

Maybe I am wrong completely that you are a non-Bumi. Just asking ah

Thanks for the wishes

But damn, I didn't know of the "Raj of Sarawak", and its flag. I thought you were sporting NS in your avatar which has similar colors, and I didn't care much for it; but if you are from Sarawak that explains everything la. I have a good number of clients from Sarawak/Sabah too going ASB-F. They are Chinese in every way (speech, food preferences, etc.) due to familial ties as well as environment, but they are Bumis alright. Lucky eh hehe

Wait... ASB3 Didik is hard to get?

but isn't ASB3 open only for bumiputra... it should be easy

it;s like me saying "hey GUYS I fished RM50k for ASB1"

To be honest though, I don't know enough about ASB3 because I only deal with ASB1 and ASB2 for my clients' ASB Financing needs. It is at 3.85% now, 40 years tenure... that's only RM820/m

It is for everyone that can invest in ASB and ASB2

If you can and are interested, do let me know

Yes, if you can invest in one of these funds, you are considered as... errr... "bumiputra"? well in any case, you would qualify to get a financing for RM200,000 at 3.85% p.a. for a maximum of 40 years or till the age of 70

The ASBF is for everyone that can invest in ASB1 and ASB2...

If you can open and deposit funds into ASB1 and ASB2 that means you are able to get a financing for that as well. I thought I was clear, apparently I am not

Yes man, I do not want to call everyone who can invest in ASB1, ASB2, and ASB3 as Bumiputra as some people can be sensitive about it

"I am not a Bumiputra, I am a Chinese who converted to Islam" <---- this guy can open ASB1, 2, and 3 accounts, but he is not a Bumiputra perse

Senang cakap la, the ASBF uses ASB1 and ASB2 as the collateral, so if you cannot open ASB1 or ASB2, you won't be able to get financing for it

yeap, 40 years and up till age 70, used to be 40 years till age 65, before that it was 35 years, age 65, before that 30 years age 65, etc.

I would give you a bias answer as I am an ASBF broker; but at 3.85% financing rate for 40 years (if you are 30 and below), it only amounts to RM800/m. put it this way, a lot of people who lost money in properties (price drops) have no way to escape their situation. ASBF is similar to mortgages in that it has a collateral (the ASB certificate) to back the loan; in the event you get burned in a year of bad distribution, just sell the certificates lah

1.5% sounds fair