saw this in the myASNB website when i tried the withdrawal function:

Jumlah Maksimum – 2000 unit jumlah terkumpul bagi semua unit amanah sebulan

does it means that we can only withdraw max 2000 units per month through the portal? besides this portal, any other possibilities to withdraw more if needed?

thanks

i see, may i know if there's any limit for OTC method?

also since it's an online account, i guess i just need to bring aong my IC for the sell back right?

thanks

just for info and understanding, what's the reason that ASM can be higher than ASM2/3? is it due to they invest in different market or instruments?

and also in that case, is it better to move the funds from ASM2/3 to ASM? i see on the web portal that there's a function to switch fund, not sure of there's any charge for this?

thanks

This post has been edited by lowyat101: Mar 16 2023, 01:55 PM

Morning, would like to ask, from the ASB portal, I see that there's this "Penukaran" function where it looks like I can transfer the fund from 1 account to another.

Would like to know, if there's any charges for using this transaction?

Also say I want to transfer from ASM3 to ASM but there's no available units in ASM at that moment, will the transaction be cancelled automatically? Or will it be parked under pending until there are units available in ASM?

Thanks in advance

noted with thanks.

btw would like to know, for ASM funds, is the dividend calculated by daily or monthly ya? wanna see what is the right time to sell back. if monthly does it means best time to do it is on the 1st of the month?

thanks

noted with thanks. nice to know about the grace period on the 1st of the month

This post has been edited by lowyat101: Mar 28 2023, 09:15 AM

is this becoz ASM1 historically has higher dividends that ASM3?

just waana seek some opinions, i think it's worth to withdraw from KDI and buy ASM right? if withdraw now i think tonight can get the cash, provided the ASM units are still available.

if the ASM is sold out by then, i can still put back to KDI and will loose only 1 day interest right?

thanks

thanks, ya i think it should be better than KDI in term of the %.

but would like to check about the ASM withdrawal, if want to withdraw more than 2k online limit, need to go the the bank right? say i go to maybank to sell back ASM, i just need to tell the counter then the amount will be credited to my bank account on the spot right?

also is the ASM dividend calculated on monthly basis? since i see in the thread, there was discussion about the dividend on the 1st of the month.

thanks

ok noted with thanks

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

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

thanks

thanks for the info.

about the comment of "units instead of cash", say if we are to go with the cash route, what are the procedures needed for the nomination? is it the same that we need to visit the branch and tell them that we want to do a nomination instead of the "PENGISYTIHARAN amanah"?

edit:

found this website: https://www.asnb.com.my/pengisytiharanamanah.php

does it means that the "Pengisytiharan Amanah" is the only way for nomination with ASNB? instead of the normal will.

and i see there are some fees to be charged under the "yuran" page. just wondering, if they have any easier option like epf nomination?

thanks


This post has been edited by lowyat101: May 2 2023, 11:27 AM

thanks for the info.

about the "cash" option, is it another option by ASNB? or it will follow the "wasiat" option like in their chart?

ok noted with thanks

i would prefer epf too but not in the 1mil club yet, so asm seems to be a better option for now

Ya just checked, ASM3 still got units.

Between this ASM3 and KDI, I guess ASM3 will be a better option ya?

Thanks

my friend got this, called ASNB and was told that need to go to their branch physically to verify the race/religion

Hi,

Wanna confirm, based on a quick Google search, the dividend of ASM1/2/3 is calculated based on monthly balance right? So if I would to withdraw and deposit to EPF, I don't need to wait till the last few days of the month ya?

Thanks

I see, meaning if I withdraw the ASM FP fund on the 1st of the month, and deposit to EPF on the same day itself, I will get the ASM dividend for the previous month and EPF dividend for the current month right?

Also say if I would to deposit to EPF via M2U on the 1st of the month, will the EPF system shows that the deposit is on the 1st? or it will show as a few days after that?

Thanks

Yes noted with thanks. Planning to just move some small amount to EPF as a "forced" saving