Dont think so lah. Have u ever approached them regarding this? But with c19 there is no more seminar+buffet+gift for vip.

I dont think so lah, it is the total units that count. Or may be becos I always attend their function.

i know cos i pakai kapchai go to asnb since i can park right in front of the door and cut all the covid19 mandated queues

Favourite of chinese, likes gambling. Unkerpanjang collection like his rolex watches...

If overseas 3.75%p a yes I am ok. Not Malaysia. Malaysia you must demand at least 5-6%p.a

True

I have tried to stay reasonably positive over the last 3 years but it is evident that lower returns are here to stay for at least one more year. The question is, do we remain invested because we believe that, long term, it is still the best option and that there is still no guaranteed long term benefit of switching to FD and then running the risk of not being able to buy back into ASM; or; do we sell?

I have given the matter considerable thought and am really 50/50.

It's not that low la bro/sis. currently sits in between board rate fd and promo rate fd. Some ppl might see this as a chance to park here when it's easily available now. IF the dividend increases in future, it won't be so easy to get like now. To each his/her own lo.

What is SSB?

My 2-sen: I will continue to accumulate ASMx funds.

FD rates will go down eventually. The US Fed cannot keep raising the interest rates forever. It brings more harm than good in the long run. They will stop raising eventually and when that happens, rates will go down. The latest news is that they will raise rates 2 or 3 times max this year (2023) and will then stop. So expect down trend from 2024 on wards.

ASMx funds on the other hand gave "magical" rates every year, often higher than market rates and I believe they will continue to do the same in the future.

So yes, now banks give higher rates in most cases compared to ASMx but will the banks continue to give high rates when the US Fed lower the rates eventually? I don't think so lah... rugi lah. But I dare to say ASMx will continue to give at least 4%, if not higher. So you sell now to earn that extra 1-1.5% for 12-24 months FD but when FD rates drop, you already loss out because you sold your ASMx funds. It's not easy to buy ASMx funds.

I see it this way... unless the Malaysian government defaulted, ASNB is the ultimate investment. It's magical, government-backed and only one of it's kind in the world.