Nice watch bro!
No more full loan? i see got ppl still promote.

Banker or showroom same. janji ada sales.
Later become like use house crisis mampus hahahha
BNM must intervene hahah

Just say if I have certain amount in ASM3 and want to switch to ASM1, should I wait until 30th Sept once dividend is paid out for ASM3 then switch to ASM1?

If I switch now, I will not be entitled for ASM3 dividend right? Just checking if my understanding is correct

Switch on 10.10.24 no losing interest ? Lose 20 days interest  also. No?

I think only switch on 1.10.24 can avoid losing interest as you get full interest for  September and October

i am confused now..
i thought if deposit on 1.10.24 will get full interest for the month
if deposit  on 2.10.24 lose October interest, for withdrawal it doesnt matter when??

use numbers easy

Say balance ASM3 on 30.9.24 is RM100,020.00
To Switch RM100k from ASM3 to ASM1 ,

when is the best day to switch?

1)30.9.24
That RM100k ASM3 trf out on 30.9.24 can still get 30days interest for Sept?

No, Lose all September interest.

if tak dapat interest for Sept you lose  30days interest.
2)1.10.24
i believe that RM100k ASM3 taken out on 1.10.24 would get full Sept interest.

Yes, you would get all September interest but obviously nothing for October.

you said  will lose 1 whole month interest ?
how?

You would lose (probably ‘not get’ is better term) any interest for Oct on amount taken out of ASM3 1/10/24 but if switched to ASM1 1/10/24 you would get Oct interest for additional funds in ASM1.

and on 1.10.24 that RM100k switched in to ASM1  it will earn ASM1 full Oct interest also. Yes

so minimal loss.
3)10.10.24

Withdraw RM100k ASM3 on 10.10.24 ,

would it  be paid 10days interest in October?  No, zero days interest paid.
if not , you rugi 10days interest of ASM3 there Yes, but if you switch the funds to ASM1 10/10/24 you would get no interest on ASM1 additional funds until the full month of November ie no interest on switched funds from 10/10/24 to 31/10/24.

worse that RM100k switched in to ASM1 on 10.10.24
will not get any interest for ASM1 in Oct right? Correct

so how is this better?
1.10.24 and 10.10.24

Why 1/10/24 and not 1/9/24? Is it because 1/9/24 is a weekend?

I am planning to switch some from ASM3 to ASM1 this 1/9/24 but not sure if dividends will be affected cos it's a WEEKEND. Can sifus here pls advise? TIA

A bit new to this forum thread, what's the advantage of switching funds? Is it higher % ?

Yes..

Saw my own eye...

Maybe I'm generalizing @ one sided...

But these people keep arguing even for cents....

So yeah cents & ringgit is counted....

Ohh really...
New word / proverbs learned today 😁

Well...
Not expecting any surprises for this week dividend rates announcement 😉

Next year is where the fun begins....
Can see the full impact on the various openings of ASMx funds previously.... They invest wisely or not...

The more well known one that involves Pound & Penny here in Msia is Penny wise Pound foolish

On the dividend well maximum of 4 days left to know

Prediction still @ 4.75% for me but who knows they got crazy and go all out so that give some *cough* hope to boost ASM & ASM 3 sales
ASM on March 31st 2025 @ 5% will be something I am looking fwd to but if the next 6 months of Sep till Feb are stable without hoo haa

Of course anything higher is very much welcome

Anyway recently results are quite positive, PBB profit, TM profit (lower vs history due to tax don't know what issue but still high profit)

waiting to smell 5.00%

Website and apps got switch function right? But I never use b4.

even on Sunday & Public Holiday?

The worry is this 1Sep is Sunday &:

See point no3 that switching needs to be done on a business day. Most probably Sunday switching would not work and whole process is delayed to Monday.

question is, will EPF consistently outperformed ASM?

ASM outperformed EPF in the 2010s and 2000s. 7-8%

maybe those days are over

counting down to ASM3

Indeed.
The thing about asnb is my sentiment after taking so much effort over the years chasing the limited units.

So it’s kind of sentimental to sell it off but I know it’s logical to put money into epf that has more returns.

But I’ll withdraw a bit from asnb to put inside epf

True.
But it's also no brainer to put more on the one has higher return 😃