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 AS1M, ASM, ASW, ASB V2, PNB fund

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cheahcw2003
post Jan 28 2012, 08:12 PM

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QUOTE(ninask @ Jan 27 2012, 11:05 PM)
Noob q from me, as always. ASB anytime can open new account? My mom has been bugging me to open one before end of Jan. Why meh?
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PNB has revised the rule, Baby 6 months above can open already, under Guardian's name of course.
cheahcw2003
post Jan 29 2012, 04:50 PM

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QUOTE(Mickey C @ Jan 29 2012, 04:09 PM)
I want to buy AS1M, ASW ASM.... ... when available / open new funds for public, please let me know la...
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This questions hv been asked and answered million times.
cheahcw2003
post Jan 31 2012, 03:49 PM

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QUOTE(ninask @ Jan 31 2012, 02:26 PM)
Thanks  notworthy.gif  just got myself a new account today. I understand now why need to open in Jan. To complete 1 year for dividend sake eh?
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U can open in any month of the year. Interest rate is pro rata
cheahcw2003
post Feb 1 2012, 09:18 PM

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QUOTE(bladekiller @ Feb 1 2012, 08:23 PM)
Also, registration/opening of new account with ASNB can only be done at their office huh? Post office/banks are for top-ups only?
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pnb agents/banks can do all transactions
cheahcw2003
post Feb 1 2012, 10:36 PM

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QUOTE(bladekiller @ Feb 1 2012, 09:57 PM)
even registration? Ok,will check with MBB tmr.. thanks! notworthy.gif
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No need to register just open with agent banks
cheahcw2003
post Feb 8 2012, 01:50 AM

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QUOTE(ronnie @ Feb 7 2012, 11:36 PM)
It earns very good interest for the Bumiputera .... no work needed to do.
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They call it dividend, not interest, interest is prohibited from islam.
cheahcw2003
post Feb 12 2012, 12:33 AM

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QUOTE(TSOM @ Feb 10 2012, 12:29 PM)
So for those that are sold at fixed price such as ASB etc, it's possible to not get your capital back??
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yes if PNB bankrupt
cheahcw2003
post Feb 17 2012, 12:26 PM

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QUOTE(magna_voxx @ Feb 16 2012, 09:56 PM)
Did anyone know this.. let say we max out all 200k of our asb account through asb loan..so the unit bought through the loan itself will be in form of asb cert right? then how much we can still put our cash into the asb account via our passbook?
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200k is the limit, cant top up anymore, unless it's dividend credit
cheahcw2003
post Feb 20 2012, 12:07 PM

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QUOTE(aeronic @ Feb 19 2012, 07:50 PM)
guy when is a good time to topup asm1m?
i understand that the interest rates are not prorated so how it calculated?
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Dividend is calculated on monthly rest, the lowest balance of every month.
cheahcw2003
post Feb 20 2012, 12:35 PM

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QUOTE(TSOM @ Feb 20 2012, 12:07 PM)
what is the max limit for deposit in AS1M?
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if u study Pnb's website b4 asking, there is no limit for AS1M but subject to fund availability
cheahcw2003
post Feb 25 2012, 06:23 PM

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QUOTE(aeronic @ Feb 25 2012, 02:48 PM)
when did you last check?


Added on February 25, 2012, 3:25 pmwhen did you last check?
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Quota/ availabilities varies from time to time, why not u just try with the agents, instead of asking here?
cheahcw2003
post Feb 26 2012, 09:45 PM

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QUOTE(kento @ Feb 26 2012, 08:34 PM)
can i use CIMBclicks to topup my ASB?
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yes u can
cheahcw2003
post Feb 26 2012, 11:38 PM

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QUOTE(aeronic @ Feb 25 2012, 06:32 PM)
i ask here because there are many in this thread who are in the know or working for these agent themselves
this should save my indian friends from a trip all the way to kaunter utama at PNB
plus this is not a daily volatility as units are sold and bought, but of a case where a lot of allocations still available when we last checked
likewise i would also be happy to share any news on availability

if you do not have such information, please do not ask us to check with agent banks
agent banks, including maybank's branch managers are known to lie about the availability to prevent funds from my their accounts being withdrawn to fund PNB accounts. one of the them whom i could quote for example would be the branch manager for maybank cyberjaya.
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then u can ask PNB by calling their hotline. I doubt anyone here has more up-to-date info than PNB.
cheahcw2003
post Feb 27 2012, 11:28 AM

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QUOTE(dragonfromearth @ Feb 27 2012, 08:15 AM)
anyone managed to add as1m acc into the cimb clicks?

my does now show sad.gif so cant add
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if u r bumi or indian, u still can do so.
cheahcw2003
post Mar 2 2012, 10:23 AM

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QUOTE(yenforyen @ Mar 2 2012, 09:19 AM)
Hey aeronic, haha, well could relate to what you're saying. Lol. Transparency huh. Tsk tsk.

Hmm, the thing is the ASB HQ is in Jalan Tun Razak, but my workplace is in Shah Alam area. -__- how to go up and down so often right. And since most people say it's kinda useless to apply through bank agents hmm.. I do not have an account yet. Would try to open one at Maybank. Registering for an account though Maybank is fine right? haha. If that also they don't layan, then...meh. Double whammy.

What do you suggest Aeronic? Owh thank you for your responses! smile.gif
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i do not have any problem with any agent banks
plus PNB has a branch in Shah Alam, u may try the with the PNB branch there
cheahcw2003
post Mar 3 2012, 09:14 AM

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QUOTE(dewVP @ Mar 3 2012, 09:01 AM)
To calculate a balanced portfolio, is ASM, WAWASAN etc consider as bonds? Or just savings? Bonds/Equity % I meant.
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Both are fixed price equity funds
cheahcw2003
post Mar 3 2012, 07:19 PM

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QUOTE(smsbusiness2u @ Mar 3 2012, 06:57 PM)
is the 5 million free units for chinese still available? where u heard still got that 5 million free units ?
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there is no fund size increase annoucement for AS1M. Many nexclusive on bumi customers stand by in the banks (with the help of bank staffs) to deposit money into AS1M as and when there is available units. There is no way that can have 500 mil chinese quota available at time.
cheahcw2003
post Mar 4 2012, 11:49 PM

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QUOTE(dewVP @ Mar 4 2012, 11:42 PM)
So they are categorized as bond funds right? Hmmm
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No. Bond is bond, equity is equity.
Both bond and equity funds price are subject to price fluctuation.

PNB's funds are unique, it alocates 50% - 90% in equity, and the fund price is fixed at RM1. The return is around 6-7% p.a. regardless bad or good time.

During the good time, extra return will be carried forward. During bad time the brought forward return will be used to pay out so that the annual return could be kept in the range of 6-7%, it is theoritically right. But there is lack of transparency on how much was the accumulated profit were brought forward.

cheahcw2003
post Mar 5 2012, 12:15 AM

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QUOTE(dewVP @ Mar 5 2012, 12:10 AM)
Thanks! Just wanna make sure whether I should include it to calculate my bond/equity balanced allocation. Have to make sure my equity % is a little lower than my bonds.
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You can consider bond which give u around 7% return p.a., slightly higher than PNB's fund with no race quotas.
You can also switch from bond to equity or vice versa depending on the market performance and your preference any time.


Added on March 5, 2012, 12:20 am
QUOTE(bursalchemy @ Mar 5 2012, 12:12 AM)
Does PNB has sufficient fund to pay back investor if everybody going to withdraw their money? Or it is just another Ponzi scheme?
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The answer is NO.

even banks will not able to accomodate the withdrawals of their depositors if EVERYBODY withdraw the money from the bank. They have insuffient time to call back the loans they lend out to their borrowers.

regarding whether PNB funds are Ponzi scheme, we have dicussed this issue b4. The best thing if u study the financial annual report of each fund. It will tell you lots of info and justify if it is a ponzi scheme. Judge yourself and dont rely on hear say and rumos

This post has been edited by cheahcw2003: Mar 5 2012, 12:20 AM
cheahcw2003
post Mar 5 2012, 04:54 PM

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QUOTE(dewVP @ Mar 5 2012, 04:48 PM)
Bonds like AmDynamic, Hwang Select Income Fund etc right?
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yes u r right, the benefit of this bond fund is it helps you to diversifying your investment in a numbers of the bond papers


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