QUOTE(Haloperidol @ Dec 11 2025, 09:10 AM)
still the same thing, eg ASM1 gonna be released more unit under the budget @ 2026 , but ASM2 still on hot demand.
We all has the misconception of ASM = for sure stable as heck = wont bankrun.
At the moment , kinda true.
I look at the history of Tabung Haji, how underperform , government gonna bail it out / try to at least withdrawable without loss..
Speaking of which, this is the ONLY unique point of Malaysia investment fund...
Look at ZheJiang @ so called THE GREAT CHINA or non-democratic west Taiwan
recently.. they have their own state flagship investment arm... offering a 4% return per year... backed by state-unit...
STILL BANK RUN.
You think 4% in RMB is good right ? BANKRUN too..
Many of us see the past dividend performance... And Yes... ASM1 did perform well than the others 2 funds.... In terms of dividend history....
But as the fund gets bigger... The harder for fund manager to find quality investment that give good ROI... It's standards almost everywhere.....
Bankrun as for now I feel won't happen... future on is anyone guess.... For now, ASMx have strong demand... Thanks to low interest rate environment around.... Especially those FD rates... This there most of the source of money flowing from....
TAbung Haji story I'm not very clear about it .. actually didn't really into it... Because it's not related to me or family.... But from what I heard... It's because of management did wrong investment decisions.... Songlap here & there... Political interference too....
So in the end... Need to bailout & set up SPV......
The China / Taiwan fund... I no comment... Don't know much about it....