Question: so what are the predictions for ASB2, ASM and ASM2 now??
less than ASB by 0.5%, 1% or 2%??

Quite an interesting Q&A sheet. (For ASB)

http://www.pnb.com.my/pdf/MEDIARELEASE/201...0-%20Public.pdf

One question about dividend payout for all ASx FP funds:

If dividend is calculated from 1st of that month to 30/31 of that month, then why is it that so many people spam for units on the first day of each month, more so on the day of dividend payout?

Is it because the first day of that particular month is also the beginning of calculation for the minimum monthly balance, so everyone wants to get as high as possible a minimum monthly balance?

Thanks for the info. Still learning how to calculate dividend payout from ASNB FP funds at this moment.

1. 1st day is a buffer period for distribution calculation that is based on the monthly-minimum balance. That means if you buy units on the 1st of the month, your minimum balance would include said units. e.g. Your current balance is 0 and you bought 5,000 units on the 1st of December, the minimum balance for December is 5,000. If you had bought your units on the 3rd of December, the minimum balance of that month is 0

2. The 1st of the month is also the first day that investors could redeem their units without losing out on the distribution of the previous month

So it is like a "transaction" date between buyers of the units, and sellers of the units. I am assuming that you are not Bumiputra, so you would need to chase the units, buying whatever was sold.

serious? for asm 1/2/3?
damn, i get like 500 per day only

Ah. Thanks for the info. Yes, non-bumiputera, so have to resort to competition.

Wouldn't it be better if ASNB compound the interest daily instead of on a monthly basis? That would eliminate the sudden surge in demand for units on the beginning of every month, since if compounded daily, one would not lose one whole month's interest simply because one don't get to buy units on the first day of that particular month.

sure it's better. but they don't receive such compounding income on a daily basis from their investments

from experience, there is no difference buying on the 1st day vs other days.

Well I got literally nothing today and yesterday 😣

Hi,

Is it still available for sale?

I went to bank to open ASN online account but the staff said need to make investment of at least RM1k then can open account. Is this true?

I plan to go to bank again with some money ready to open account. I saw the official website said there are doing maintenance for the calculation of income to the members. Will my account opening cannot be done?

Besides, any tips on which funds to buy? I am non- bumiputera.

Good for investors but not necessarily good for ASNB. They run a business and paying daily interest means they have to fork out more money to pay interest.

There is no issue for demand for any days. Whenever someone sells, the units would be immediately snatched by investors.

No more sale at the moment but watch out this space for another year end/new year sale.

Its only RM100 to open an account with asnb. Maintenance does not affect other funds like asm, asm2 and asm3. The staff just too lazy to try open the account for you. Try to be nice but persistent to ask for help from the staff. Any one of the 3 funds stated above would be sufficient because once you have one account, you can open the other two online.

Really disappointed with the performance.

don't worry. the approved bumiputera investors already bash ASN left right and center on facebook

i'm even more disappointed that people are still not selling. only anchovies selling anchovy units

This post has been edited by beLIEve: Dec 19 2019, 03:47 PM

Ok, thank you for the information.

May I know why just limited to the FP of asm, asm2 and asm3?

I saw there are other few VP fund, is it not eligible to buy online? Just to confirm that the charge to buy online is RM1 per transaction regardless of any amount.

Does the bank will be going to sell me the VP fund instead of FP fund?

Does ASM a good investment? Why you are selling off your shares?

This post has been edited by rocketm: Dec 19 2019, 03:47 PM

This few days very hard to catch 😅

so what will happen to ASM and ASM2 and ASM3 next year?

Except for Monday I managed to get more than normal days but now balance up as I can't seem to grab any units.

hehe can share share how much more ah?

No transaction fee if u use myasnb app to buy online.

Dont buy VP as there is sales charge. VP also may cause your investment to suffer if stock market is bad.

ASM is a safe investment but offer only around 5%. Could be less next year.

Im selling off some units to spend for new year lor. Your money is not yours until you spend it.

This post has been edited by ikanbilis: Dec 19 2019, 04:36 PM

nothing i suppose? more buyers offset by people who give up

dividend will depend on global economy.

Not as much as poor fella certainly! 😂😂😂

I just wonder if I am just unlucky or it's seriously difficult to get any units these few days..