R u talking about using boost?

Do it bit by bit cos u never know when the reload by cc cant be used. Unless u can use it for other purpose. I can use it 5x 1000 for sspn  then no more, the last 1000 is used up slowly.

Seriously? Before that only money reloaded via online banking can invest into ASNB using Boost... I hv already topped up some amount using my banking account. If I had known this earlier, I wouldn't have done that since I can earn cashback by reloading it using CC.

Since you can deposit into Amanah saham anytime you want, and withdraw anytime you want, the dividen announcement date is usually at the end of the year. How many months/smallest time frame before that date is counted for that year's dividend?

Meaning to get this kind of returns (below), funds need to be in the account by April of each calendar year? So whatever deposited after doesn't count towards dividend?
Second question, there is no problem withdrawing large amount (5 digits or more0 of ASB into bank account right? Or got problem with BNM?

Hi everyone,

Can I know what are the best ways for Chinese to buy fixed price funds on Amanah unit trust now? Thanks.

If its easy to invest like other platforms, sure... But many dont have the time to fish hardcore. I would have withdrawn my liquid funds from MMF to ASNB if that were the case...

Really disappointed stagnent vs worst time but what to do

No choice unless willing to give up liquidity or take up more risk

Anyway, benchmarking against FD is really not a reflective KPI

Good observation! The underlying assets are a lot riskier than FD. So benchmarking against FD is not the right thing to do in first place.

Never? No one has ever observed the true NAV (except the fund managers). The fixed RM 1 NAV number is an illusion on paper. Stocks and bonds price change whenever markets are open.

Think about it, during March 2020 with stocks going down and bonds sold off, how can the NAV remain at 1 MYR around that period? If every unit holders were to withdraw money around that period, ASNB would not be able to pay out all your capital in full. Your RM 1 becomes RM 0.8 or RM 0.9 for example. Most likely they will look for help from PNB's "upper-level" proprietary fund to top-up.

The key message is the true NAV fluctuates behind. (Also, your FD is insured. ASNB funds are not.) Stocks and bonds != FD.

Illustration on paper makes you think it's God. (nothing magic, man, it's actually "cheating". Like private equity funds advertising their low volatility but in reality is because they don't mark to market their portfolio during sell-downs...)

Anyway, the best advice I can give you is to scrutinize its holdings often. Don't hesitate to email asnbcare to request for the full list of the investment portfolio. You can sometimes learn from their portfolio allocations for your own good.

many complained say asm dividend low bla bla bla......but still hold on

Do we get the money instantly or? Thanks