I will keep it in asmx if the rates above 5%, else say hello to epf.

not yet

Not yet
I wonder how much left

Try again, I have just switched out one million ASM2 units.

Don't be confused boss..

ASM1 - No racial or religion quota. If finished mean finished. Need to try & error like everyone else. 2am morning get up hunt via MyASNB.

ASM2 - 51% of the total fund unit allocation. Still plenty available by the billions. Won't finished anytime soon. Now even more since got people sell & dump into ASB 1 & 2 because additional 100k new quota each

ASM3 - 50% quota. Again still plenty of unit allocation available. Same story. Won't finished anytime soon

And finally
They not allowed to buy the non bumi portion.
And non bumi not allowed to buy bumi portion too....

Yes. Much easier for them to buy the ASM 2 & 3 funds... Anytime can buy... Only problem is the dividend rate... Which much lower.... That why low take up rates.... Also not fill up the 300k quota of ASB 1 & 2 another reason....

The last information got years ago... Indeed ASM bumi holding very minimal.... Chinese is top... Not mistaken around 80% like that. Someone ask in parliament years ago...

Hopefully someone ask the same question this year too... Curious to know the latest updates....

Something like that...

But cannot really say ASM1 as "non bumi" funds... Because still got like 5% or 10% bumi holdings....

Because I remember once years back... During Najib time I think.... ASM1 got special units sales....

They divide the units into race quota percentage... 50/30/15/5 like that...
50 bumi
30 Chinese
15 Indian
5 others

Whichever unsold units after certain period open to all....

So, is it too early to start the discussion about ASM3 dividend or are we all happy that it will be 4.5% the same as ASM2?

i will monitor 1 or 2 more years max...if still lower than EPF...i might as well take out and park in EPF already...

Don't think in history the interest is higher than EPF declared based on versus yearly

planning 2 wthdraw a huge amount asm3 to dump into kwsp in 8 days......

possible i suppose for the states that work on sunday

i guess have to sacrifice 1 months interest...

Normally, nothing gives a higher return (not 'allowed') than ASB1 but this year is slightly different. Technically, ASB1 gave 5.1% but that included a bonus and some of the bonus was only paid on the first 30k units so, in practice, ASB2 and ASB3 did better than ASB1 for most people.

ASB1 3.35% (declared 31/12/22, paid 01/01/23)
ASB2 5.0%
ASB3 5.0%

If you count ASB1 as being a 2022 figure then it is still odd as it is lower (without bonus) than all other ASBx ASMx FP funds in 2022.

I think we may well see ASB1 declare around 6% 31/12/23.

Not all is own fault, majority of debt is housing debt, prices risen way faster than income, people still need to have a place to stay right?

More importantly though is not whose fault it is. How many voters chained to housing, vehicle loan or credit card debt vs how many are debt free? Which group you think gov will support?

My alarm set for 1-30am tomorrow. Hopefully to check that ASM3 account has been updated and I can switch from ASM3 to ASB3.

if want to try for new units ok lah but stay up just for the update 

Just discussed this in length not long ago. There is no charges but the process will take months to two years. They will need a few documents other than will and you need a lawyer and a court for those documents. 😂 and also dispute within waris might be an issue. The easiest for me... withdraw and stuff into kwsp. 😂 kwsp can easily do the waris and it's free. Plus currently kwsp dividend higher. Currently la... 100k per year limit to masuk... plan slowly lo.

Btw.. if you kick the bucket (touch wood), your waris can inherit the units if they have account and if they don't, they get cash. Just before anybody ask coz that's usually next question. If holder bumi and the units are asb and the waris not bumi then it will be cash.

Yes same. you dont get dividend.

if me i would withdraw now,  put in money market, KDI VERsa etc earn money. dont waste.
dont deposit to EPF so early, no point, better wait till last few days.

open more accounts so that can move large sum of money in 1 day, i have done that
can move much more than 300k online in 1 nite, no wasting interest.
recently i parked few hundredsk and  pumped into ASM end of month.

Yes, because 1 SA can max 50k duitnow transfer and max 100k FPX eg PBB

If you only have  1 KDI, still can deposit ASM 200k a nite
Eg Fri 29.9.23 10 am WD KDI RM400k to PBB SA
29 10pm Duitnow 50K to MBB
30 12.01am duitnow 50k Alliance bank
then 30.9.23 2am can deposit 200k to ASM
balance 200k can ASM on 1.10.23, 2 D kawtim.

i put money in all family members accounts
KDI, Versa, ASX , FSM, SSPN, EWs etc
so can move alot more but  risk getting call once a while.