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 Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

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TheEquatorian
post Feb 13 2020, 12:41 AM

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Are there any offers in market to get fixed units? Via investments in ASNBs other funds? Any suggestion to get more fixed units are appreciated 🙂
TheEquatorian
post Feb 16 2020, 05:27 PM

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QUOTE(ginateo99 @ Feb 14 2020, 03:47 PM)
Finally got 1000 units ASW after 5.5 hours of hard work... console.gif
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Please share your strategy. No luck for me these days sad.gif
TheEquatorian
post Feb 23 2020, 11:40 AM

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Is it possible to transfer ASNB fixed units between two non-related persons? How does the process work? Thanks
TheEquatorian
post Feb 23 2020, 12:04 PM

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QUOTE(wild_card_my @ Feb 23 2020, 11:59 AM)
Use the "transfer" process through MyASNB app or portal
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Thanks. If the person doesn’t have the app or portal?

How long does it usually take?
TheEquatorian
post Mar 6 2020, 03:11 PM

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Has anyone added a beneficiary to their ASNB account? How does the process look?
TheEquatorian
post Mar 16 2020, 09:57 AM

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I tried adding a beneficiary (they called it trustee) to my fixed units at the ASNB office. Apparently, you need to pay an upfront fee of 180rm and 10rm per year and there is a percentage fee on the value when transferred. Is this the only way to add a beneficiary?
TheEquatorian
post Mar 16 2020, 12:12 PM

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QUOTE(beLIEve @ Mar 16 2020, 11:46 AM)
yes. and i heard that 1000 units of each fund will be blocked for this purpose.

alternatively, you can wait for promo. then you pay around $90, depending on the discount. the last promo was, I think Mar-May 2019.
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Thanks for the promo info. Yes, they mentioned about 1000units. Where is the promo usually announced?

Do you know if the beneficiary needs to be present also?
TheEquatorian
post May 6 2020, 01:41 PM

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I am planning to transfer some ASM units. Maybank mentioned that they are unable to do it over the counter. Instead, I have to sell them and the other person has to try their luck after me in line. Is this really the case?

I was thinking of doing it at PNBs office instead on Tun Razak. Is there any changes when transferring units?

Thanks
TheEquatorian
post Jul 19 2020, 01:45 PM

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QUOTE(wild_card_my @ Jul 17 2020, 12:14 PM)
For those looking for ASNB hibah application
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Thanks. Besides the 50rm, there is a 10rm yearly admin fee - do you know how it is deducted?

Do many use this trust solution? I am evaluating it now.
TheEquatorian
post Jul 19 2020, 04:39 PM

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QUOTE(faizfizy39 @ Jul 19 2020, 03:01 PM)
I am not aware of the RM10 annual admin fee. May I know how you do you find out about it?
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I looked into it earlier this year, there is a yearly administration fee and also a % fee when there is a claim.

I decided to wait then due to it, not sure if a will would also result in the claim % fee from ASNB?
TheEquatorian
post Jul 24 2020, 03:20 AM

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https://www.bloomberg.com/news/articles/202...bd&cmpId=google

Good news for ASNB fixed funds and EPF?

This post has been edited by TheEquatorian: Jul 24 2020, 03:23 AM
TheEquatorian
post Jul 24 2020, 02:59 PM

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QUOTE(MGM @ Jul 24 2020, 06:48 AM)
This is talking about Bursa Malaysia Bhd and Glove companies only. Other companies in ASNB & EPF funds move up a lot too? Sorry havent been following KLSE lately.
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It’s Bursa Malaysia as in the index. The main driver is Top Glove. Looks like EPF dropped out too early though.

https://www.theedgemarkets.com/article/epf-...ial-shareholder
TheEquatorian
post Aug 3 2020, 05:52 PM

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QUOTE(MGM @ Aug 3 2020, 04:45 PM)
Do ASx n EPF funds invested in top Glove companies' shares?
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https://www.theedgemarkets.com/article/epf-...ial-shareholder

Sold too early
TheEquatorian
post Aug 8 2020, 12:10 AM

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QUOTE(samuraix79 @ Aug 7 2020, 05:21 PM)
As with all investment, if you think you can find better, please consider it, you know what's best for you, in terms of time spent, constant checking etc. ASNB you only check once a year hah hah. But if you diverge to other dividend type stocks also the same loh.

Finally did my Hibah just before close of RM50 promotion last week yay!  rclxm9.gif
I had to travel twice to branch because they need me to bring trustee ID copy also  doh.gif they didn't mention in the website list of documents to bring, who will know.

But Aug another promotion, RM80 like previously.
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Is there any yearly fee?
TheEquatorian
post Aug 8 2020, 02:05 PM

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QUOTE(bourse @ Aug 8 2020, 09:24 AM)
yearly rm10 deduct from one of the fund.
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Thanks. So 10rm per fund or for all 3 (if you have more than 1 fund)?
TheEquatorian
post Aug 9 2020, 01:04 PM

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QUOTE(chichabom @ Aug 9 2020, 12:26 PM)
so with transfer feature gone, anyone had recent success of buying/selling units at arms length transaction?

Buyer seller transact at banks/asnb branches? Will they allow transfer to 3rd party accs even if buyer seller are physically present at branch?
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Have they removed transfer of ASNB units?
TheEquatorian
post Aug 9 2020, 01:56 PM

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QUOTE(chichabom @ Aug 9 2020, 01:10 PM)
That seems to be the case but whether its temporary or permanent no one knows.
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Thanks. That is very interesting, I wasn’t aware. Is it only for online transfers or physical at bank branch also?
TheEquatorian
post Aug 19 2020, 02:45 PM

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QUOTE(skty @ Aug 19 2020, 10:12 AM)
just called ASNB yesterday to check how's the transfer to 3rd party procedure works.

apparently any agent (bank) or ASNB branch also can.
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Is it possible to transfer with only one party (seller) there?
TheEquatorian
post Aug 27 2020, 07:42 PM

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https://www.malaymail.com/news/money/2020/0...ps-52pc/1897669

Lower Maybank dividend should translate to lower ASNB returns?
TheEquatorian
post Aug 30 2020, 01:41 PM

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QUOTE(brando_w @ Aug 30 2020, 11:30 AM)
2. Further on Fixed Income Instruments / Investments: With the weakening MYR and dwindling interest rates, the interest rate returns for fixed income instruments in Singapore is definitely worth considering if one is not already exposed to investing there. You’re able to get slightly more than 2% thereabout for a 36 month pledge. For a AAA rating, not bad at all.
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Do you mean Moody’s or S&P AAA? No corporate entity will have that in Asia unless backed by AAA sovereign guarantee like Temasek.

Which bond/fi fund are you looking at with 2% over 36months?

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