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 AS1M, ASM, ASW, ASB V2, PNB fund

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MilesAndMore
post Sep 22 2009, 08:43 PM

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QUOTE(CrossFirE @ Sep 22 2009, 12:31 PM)
icic.. because now i got FD investment in HL bank. it pay interest for me every month but i not sure if i can take the money out after 12 months period.

I am unaware that there is such a FD account offered by Hong Leong Bank that pays out the interest every month with a locked up period of 12-month. Anyways, even if you're on a 12-month contract, you still can cancel it anytime. Just that there will be penalty on your interest earned. I have done this so many times smile.gif

For more informations on Fixed Deposit/Time Deposit, please proceed to the dedicated Fixed Deposit/Time Deposit thread as this thread is solely for the discussion of investment schemes offered by ASNB.


QUOTE(CrossFirE @ Sep 22 2009, 05:22 PM)
wow.. so this is kinda of gambling right? it can even make you lose your money? hmm.. so the higher the risk the higher the return rate i presume.
Correct.
MilesAndMore
post Sep 30 2009, 05:45 PM

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Just to be safe, you can withdraw all your investment from ASNB right before the next general election. You know, just in case BN can be successfully oust from Putrajaya laugh.gif

I wondered how much is the dividend and bonus for ASB this year going to be ? Most shares especially the local banks have rebounded ...
MilesAndMore
post Sep 30 2009, 11:03 PM

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QUOTE(arsenal @ Sep 30 2009, 10:28 PM)
I already answer...Dont worry too much my fellow fren...So far i enjoying interest plus my rent monies..tongue.gif...tomolo tender resign letter also no problemo...
Huh ? But the dividend + bonus earned from ASB are far from enough lah Arsenal biggrin.gif Unless you get thousands of Ringgit every month by renting out your property alone

MilesAndMore
post Oct 1 2009, 01:15 PM

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QUOTE(blasto @ Oct 1 2009, 10:05 AM)
where can i withdrawal for ASM or ASW2020 for amount 30k..
where can i cash out ?  at post office or maybank/rhb or pnb...
i try calling pnb, but the line busy...
For RM30K you better go to either Maybank, CIMB Bank or RHB Bank to make the withdrawal. Many Post Office branches do not have that kind of cash so most of the time they will restrict the maximum withdrawal of RM10K only from them whereas there is no limit how much you can withdraw from Maybank, CIMB Bank or RHB Bank because they can afford to.

MilesAndMore
post Oct 5 2009, 08:37 PM

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QUOTE(constant @ Oct 5 2009, 08:35 PM)
I have already invested 50k previosuly in AS1M, can I invest more now? up to how much? has the 50k quota been removed?
No. The quota has not been lifted. It has been further extended to 31 December 09. You cannot invest more for the time being.

MilesAndMore
post Oct 5 2009, 10:06 PM

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QUOTE(cheahcw2003 @ Oct 5 2009, 08:48 PM)
The individual limit of rm50K has been lifted since 4th Sept and the etnic allocation will be continuned till 31 Dec, so if u have invested rm50K u can invest more now, unlimited per account subject to your etnic group allocation.

Chinese allocated unit is rm3 bil (30% of total fund size RM10bil), sold units up to date for chinese is rm2bil, so still have rm1bil room for chinese etnic, for other races no issues at all.
Opps. I stand corrected laugh.gif

MilesAndMore
post Oct 21 2009, 12:24 PM

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QUOTE(darkknight81 @ Oct 21 2009, 12:02 PM)
I want to withdraw money out from my ASW passbook. Any one here know about how the dividend was calculated? End of the month or beginning of the month?
Based on the lowest balance every month.
MilesAndMore
post Oct 22 2009, 01:17 PM

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QUOTE(rosdi1 @ Oct 22 2009, 11:28 AM)
I think all the other products also have provision for bonus.
They might pay or might not (means the bonus is zero)
may be they will pay before the next election ..hehehe..
cheahcw2003 is right. ASB is the only fund comes with both dividend and bonus. All others come with dividend only.

The bonus calculation for ASB is based on your total investment in the last 10 years. Please refer to the correct calculation posted in earlier pages.

MilesAndMore
post Oct 23 2009, 09:51 PM

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QUOTE(ak.hazwan @ Oct 23 2009, 09:43 PM)
can we like switch the fund. i mean ASB dividend given January, ASN, ASW, AS1M when r? i have ASB only...others dun have yet..
If you haven't max out your ASB then you should just focus on your ASB first and forget about the rest. ASB gives the highest dividend + bonus of all funds managed by PNB.

MilesAndMore
post Nov 15 2009, 09:40 AM

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QUOTE(hackqym @ Nov 15 2009, 09:30 AM)
sory folks, want to ask basic nob question. Can I withdraw money from ASB every month?
You can withdraw your money from ASB anytime you want. There is no restriction whatsoever. Am a ASB account holder myself.


QUOTE(hackqym @ Nov 15 2009, 09:30 AM)
AFAIK, ASW only can withdraw 4 times per year
Are you sure about this ? I'm pretty sure you are allowed to withdraw your money in ASW 2020 anytime you want. Who told you this ? I think you've been misinformed.

MilesAndMore
post Nov 15 2009, 12:54 PM

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QUOTE(hackqym @ Nov 15 2009, 10:09 AM)
I open ASW 2020 account in 1996, since then i never changed my book because never take out the money. I read at the book cover stated that u can only withdraw only 4 times per year. I dunno whther it still applied now or not
You only need to change your passbook when it has ran out of pages. Anyway, we need to update it only once a year (assume if you are in for long term). So we won't need to change passbook for a very very long time biggrin.gif

MilesAndMore
post Nov 20 2009, 01:41 PM

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It's about time of the year again ... I mean ASB brows.gif

MilesAndMore
post Nov 24 2009, 02:22 PM

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Guys, any idea when will the dividend + bonus for ASB be credited into our account ? I usually only go to the bank after 20th January every year to withdraw all the dividend + bonus earned from the previous year. Was thinking i'll get it out earlier next year. Will i be able to do so on 2nd January ?
MilesAndMore
post Dec 6 2009, 05:17 PM

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QUOTE(pergilahsayang @ Dec 6 2009, 03:45 PM)
Its December already and i still haven't heard any announcement regarding how much dividend they maybe get this year.
It's still early ...

MilesAndMore
post Dec 9 2009, 12:12 AM

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QUOTE(MoonRider @ Dec 8 2009, 06:41 PM)
Do we need to declared the dividen that received from ASW in tax form?
No.
MilesAndMore
post Dec 14 2009, 04:49 PM

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QUOTE(adymfi @ Dec 14 2009, 01:33 PM)
ASB Dividen 2009

Dividen 7.3%
Bonus 1.25

Source : PNB HQ
I aim for 9% total. But 8.55% total is good enough during this recession rclxms.gif

MilesAndMore
post Dec 16 2009, 05:12 PM

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QUOTE(davinz18 @ Dec 16 2009, 03:36 PM)
As long PNB pays my dividend around 6-8% per year, it is good for me.  Sure i also want higher dividend, but if we cannot get, what to do... if want to be rich, just play/invest  stock market. apply IPO.  among the best/biggest in the year is maxis bhd. others also can, but bluechip stock are very less in malaysia now. dividend stock also very less. BAT, Calsberg,Tanjong plc, digi,berjaya sport toto among the highest paid dividend paid company which the gambling/alcohol company-Calsberg,tanjong,sport-toto not invested by PNB. It's haram.  No comment on that. 
Someone said that PNB does invest in Genting and Genting, as we all know derived majority of their income from gambling business.
MilesAndMore
post Dec 17 2009, 12:30 AM

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QUOTE(davinz18 @ Dec 17 2009, 12:03 AM)
PNB invest in genting?????? Are u sure???? I thought PNB do not invest in Gambling & alcohol company..... hmm.gif
It was mentioned here several months ago on this very same thread. You can scroll back several pages back.
MilesAndMore
post Dec 25 2009, 05:49 PM

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QUOTE(AskarPerang @ Dec 25 2009, 05:39 PM)
anyone knows when can you withdraw money from your ASB again?
I need to collect hutang from my friends but the keep saying that can't withdraw money from ASB yet. Is that true? I wander why.
Yes. It's true. No ASB transaction is allowed until 3rd January 2010. See below -

QUOTE(cheahcw2003 @ Dec 8 2009, 05:00 PM)
ASB and ASN suspension of Transaction from :

ASB : 21 Dec 09 - 3 Jan 2010
ASN : 23 Dec 09 - 3 Jan 2010

for the calculation of income distribution ended 2009. All transaction will be resumed on 4th Jan 2010.
MilesAndMore
post Jan 1 2010, 09:35 PM

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QUOTE(??!! @ Jan 1 2010, 05:45 PM)
Johor takda hol today  ......
Eh, how so ? Thought 1/1 holiday it's standard nationwide.


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