Agreed, we have been highlighted abt the fund size does not matter, porfolio is the one that matter, but i dont think Dan understand or refuse to understand.

Thanks for reminding me the funds that u mentioned are fixed priced fund. I never know abt it b4 u mentioned it.
and FYI, i did not talk abt politic here, and i am not racist either, and FYI i have maxed up my ASB account (yes ASB, u do not hear it wrong).

I am definatley not the jeoulos, and hearsay ppl that u mentioned, if u see my earlier post, all my findings are based on the facts and statistics from ASNB's annual report.

What i have highlighted was that if ASB is proven the best managed fund by PNB, as a rational investment company, they shd maximize the fund return for their investors for other funds, so if ASB formula is proven to be the best, the fund manager shd try to consider to copy the similar porfolio for other funds.

For AS1M return, we can claim that it is new, so 50% less return compared to ASB is "acceptable". But then ASW has been launched since 1996 (15 years ago), and the return is still consistantly 35% lower than ASB. This is worth for us to think!! As investors who invest in the same nature of funds with fixed priced, and similar portfolio such as ASB vs ASW, we can accept the return variance/difference of 5-10%, but not the difference of 35%-50%.

Once again, i want to emphasize that i am not saying this because i am jeolous, i have both ASB and ASW.

to spend it, also some taking asb loan, so take out the dividend to serve monthly instalments.

ASM, ASW (both bumi and non bumi), ASD are fully sold out.
But i have heard a Chinese friend able to accumulate RM1mil in his ASW2020 account in 6 months time, on "try and error" basis. Some agent bank helps him to do it. So it is all depends on luck.

max limit only applies to ASB, other funds of ASNB no max limit

which particular fund r u talking about? Except for ASB other fund has no individual limit subject to fund availabilty. It is confirmed by the fund prospectus.

as already mentioned 1000000000000000000000000000000000 times.
chinese quota is fully subscribed, but u can try and error with any ASNB agents.

This post has been edited by cheahcw2003: Feb 13 2011, 09:53 PM

heard from a top management that very unlikely for PNB to increase the fund size of ASW2020, ASD, ASM, as the non chinese portion of AS1M still have plenty.

then u need to study why there is a formation of PNB , it is formed to help bumiputera to invest initially, and eventually open to other races.... If all unsold units open to all races it will defeat the ideology and formation of PNB.

Like what other says, try to look other opportunity, can't invest in asnb funds is not the end of the world.

yeah loh....so many newbies want spoon fed info without checking at the www.asnb.com.my or refer to the earlier posts, keep on asking the same questions..and reduce the quality of the forum...

You think the newbies will read from the 1st page and stop asking the info that already repeated for 100000 times???
sharing new info is caring, sharing a repeated info (like where to buy ASB, chinese quota is full kind of) is waste of time.

1st u need to ask the counter staff abt the availability of the fund, i do not know ur race so cant comment abt the availability.
yes u can issue the cash cheque put "CASH" in the payee column, and sign the cross in the front and also at the back of the cheque
you can also write your name in the payee colume if you r the account owner.

still got....but think running low...

not encourage to invest in this way, AS1M fund is not everything, u can invest in some low risk bond funds that offer the similar return as AS1M/ASW.

go to http://my.morningstat.com

if u r low risk investor u can opt for bond funds, from the website u can run the fund performance ranking.
If u r into Public Mutual Funds u can go to buy from Public Bank / PM agents.

disagree, when the market crash in 2008, bond fund is doing very good especially Public Mutual fixed income/bond fund series. You will hardly see bond fund go below the par value. If u study the prospectus of the bond funds the bond holding are basically a government backed companies, such as PLUS, SYABAS, Jimmah, RHB Bank/CIMB Bank Bond Funds.....these companies are pretty strong and i would say their business are ression prove.

ASW2020 is good but no longer available for chinese investors, thus i am suggesting other alternatives.

This post has been edited by cheahcw2003: Feb 18 2011, 03:35 PM

check the asnb website and then u will know

ASM is fully sold even for bumi quota.