Doubt so. That will cause a lot of complaints. Then again not many will want so many. I still think it's the 30k per transaction limit and not quantity limit. But i dunno. The msg is what you can see as well. I don't like it... But it's not my msg i cannot bug the fella to go ask what the sender meant. 😂 What matters is what's the asm 2 interest rate this coming August (3 more months). I am very sure it's 4.5% 😂 or else everything falls apart. 😂

What about limit on switching from ASM 2 or ASM 3 to ASM 1?

Got the error message below but i didnt topup anything ... Means i have reached my 100k quota ?

The account or fund that you selected have reached maximum holding limit (109)

I didnt buy at all. I just try 30k , 30k , 30k , 10k then i cancelled.

Dont tell me the system captured this cancellation that i bought successfully. Haiz

cried
hopefully 2am tomorrow still got

Need some advise here,
Based on last Year dividend for ASM is 4 %
minus Mangement fee 1%
is only Net 3%, which is almost same as current FD Rate,
is it a good chocie to put extra Cash from FD into ASM,
Newbie here,
need some advise

asm vs epf..... i diversify almost equally to both
why?
for epf, in case of death, the money will go to the nominee by cash... not to epf account of nominee. here, the nominee has to be smart to invest/keep the money in fd/shares to generate interest. they can also end up spending it

for asm, already done the PENGISYTIHARAN amanah. the funds will be channeled to the nominee account and nominee can still enjoy the dividents.... i feel this will be good for kids future too

do you mean we need to do this as the "nomination"?

Yes if u want them to get units instead of cash.

only now realise that I haven't done any nomination for ASM. as your 2nd reply above, meaning we need to visit the ASB branch to get this done right?
Yes.

and does the nominee needs to have an ASM account too?

Yes.

thanks

lowyat101
ASNB one is not FOC or straight forward like EPF...
U need to pay initially & also yearly fee... And upon the balance too...

See the chart u posted...

Each tier got percentage fee charged...

When the person dies..

Next of kin written in the ASNB system would get the $$$ in ASMx units.... No ASMx account? No issues. They would somehow open for the next of kin....

Those didn't take up the service gets Cash instead

That's the difference

I already squeeze until bank account remaining RM 50 .
Well guess it's maggi everyday until payday

need above 4.5 .. or else i might withdraw all my asm3 n settle hsing loan one shot. Now loan is max bcse just withdraw to dump all into asm.

many want to top up but limited to fpx limit. i can only do 150k max a day by using 2 banks . if no limit, maybe funds already fully sold off.... asm already hit allocation max for 3 accounts. Only can try top up asm2 2am every morning now but no more $$$$.. can start sleeping back at night...

if Promo FD comes up good rate like 4.8%

there's chance of ASM selling off slower rate....

asm2 and asm3 can be bought only if there is seller right?

We switched 200k units from ASM3 ASM2 1/5/23 to top up ASB1 ASB2 so that would release a few units for sale.

U did the switching of 200k on 1/5/22?

Yes.

MyASNB still can do transactions

then u think how some managed to buy ASM sharp 2am @ 1 May 

only if doing OTC... needed to wait PH over...

"Fresh fund" only. So yes. No switching until july 31st. But buying online, myasnb, bank and branch allowed. New fund. Buying online on myasnb apps at 2am all these while was allowed. You can sell your units in other product and use that money but asm 1. Nobody say that is not allowed.

because ASB 1 & 2 is always open for sales... no matter what.... not like ASM 1...
also they did mention want fresh $$$ for ASM1.. don't want existing $$$ within ASMx funds or ASBx funds (if there's even bumi want to buy )

discrimination at it's finest 

I just opened myasnb account due to the availability of the 5 billion units - my maybank account today had a transaction with this description:-

PYT FR AMANAH SAHAM* AMANAH SAHAM NASIONA

0.01 MYR only - is this normal?

Ooh that initial fee...

Yes.
Normal

No, i just put 1k in asm2 and asm3. Dont have that much money 😅
Yes normal, i had it too

ASM 2 and 3 attracts lower dividends compared to ASM1. why is everybody rushing to buy ?

killing ASM 2 & 3 too...

since people start moving to ASB 1 & 2... since got 100k each in those funds 

probably like that for ASM1...

ASM 2 have quota of 51% Bumi & 49% non Bumi....
so the nons sure full... so that's 49%... Bumi let's say 10%....

it's would be like 17% & 83% current holdings
for ASM 3... it's more complicated

Bumi 50%, Chinese 25%, Indian 15% & others 10%

lets says... Chinese 25% full.. Indian 10%, others 5% full...  Bumi 10% full...

so current holding...

50% chinese, 20% indian & Bumi, Others 10%