Everyone also huat huat this CNY!

Asnb dividend huat!

Epf dividend huat!

Stock market huat!

Go Genting lagi huat!








This post has been edited by ikanbilis: Jan 21 2020, 03:10 PM


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Depends on the amount of units loh. Ideally can berak even vs FD within 2 months.

I heard Jan 10 and Jan 14.

Just now asm2 have.

Nice.

I am officially out of money. Next week only got money to hunt.

Ya. Same . 😂 just got rm6k but no fund to transfer.

Wah until now still have ah?

Edit : just tested. Don't have

This post has been edited by beLIEve: Jan 21 2020, 05:57 PM

No. I means just now around 4:53pm after I TOP up last rm1k to asm2. I tried again with big amount entered And get rm6k but no more fund to TOP up.

Oh ok. I thought if still got big amount I can report to me unker

Hi guys, if let's say I have 10000 in my ASM. if I sell 9900 units of ASM on 2nd Feb until the acc has minimum balance of 100, does that mean that I'm still entitled the month of Feb dividend based on 10000?

Because the minimum balance on 1st Feb is 10000 and not 100, correct?

The minimum balance will allow me to earn dividend accumulated from previous months during March dividend declaration

This post has been edited by kaacip: Jan 21 2020, 06:49 PM

Until January only.

I saw some earlier ASNB posts whereby it says that if you topup on 1st of every month the account is entitled for dividend of that month. Eg. if top up on 1st Feb, the account is entitled for month of Feb dividend.

Now working the other way round if I maintain 10000 until 1 Feb and withdraw only on 2 Feb, shouldn't that mean i also entitled for month of Feb dividend?

No!

The distribution is calculated based on the average monthly-minimum-balance of each month

If you withdraw on the 2nd Feb, the minimum balance for February would be 0

minimum monthly for the whole month, that's y pipul ask u to topup on the 1st every month, so if u keep it the whole month, u get the divident for that month. if on 2nd feb u withdraw, your minimum for feb will drop, hence u dividend calculated until end of jan only.

This post has been edited by flazeroth4th: Jan 21 2020, 07:58 PM

To simplify, you need to hold the fund for an entire calendar month to qualify for that month's dividend. Sell at 6pm on last day of month also don't qualify.

No such thing as hold 1 day to qualify for dividend, unless variable price funds

Ok that makes complete sense. So I'll just sell on 1st Feb.

But I forgot 1st of Feb is Saturday.

Actually I convinced my relative who has never owned an account and finally she is interested to buy. So if I transfer to her on 1st Feb instead of selling to bank, will she get the dividend on the whole month of Feb?

The reason I ask is because since the account is new and the starting balance is zero on 1st Feb would she actually earn Feb dividend if transfer is done on that day?

This post has been edited by kaacip: Jan 21 2020, 09:50 PM

duplicate

This post has been edited by kaacip: Jan 21 2020, 09:53 PM

Yes if you get to transfer to her. Don't know if it'll work if she doesn't already own the fund. Maybe just get her to buy 100 or 115 units now.

You get the entire Jan and she gets entire Feb.

This post has been edited by beLIEve: Jan 21 2020, 09:56 PM

Oh thanks for the replies. Is the transfer immediately reflected on the same day? And since Sat all banks including ASNB are not opened will this transaction get captured?

Of course not. U think ASNB finance/actuarial staff sleeping meh.

U entitle jan, he/she feb.

This post has been edited by ch_leong: Jan 21 2020, 10:00 PM

Welcome

So far the website is opened for transactions everyday from 7am-6pm, except some holidays down for maintenance. So it's entirely your luck

Reflected immediately according to raptor Eric and anchovy