If you buy now, you have the advantage to get into the fund earlier compared to those who just noticed the performance this year September.. ^^

Yape, its a form of passive income...

Coming soon.. haha...

this question no one can answer, only PNB/ASNB knows..

I am very disappointed too.. I thought it will declare at least 7%, but only 6.38%..

With the increase in KLCI, the difference is so big..

Yes, 6.38sen is based on the performance ended in 31 March..

You can update your account book at any ASNB agent on 1 April 2011..

Because their performance benchmark is based on the interest rates.. If the interest rates goes up, their performance benchmark goes up, hence they have to deliver better results..

^^

Me too... Hope they will increase any of the fixed price funds.. I am waiting..

Haha.. that time most of the chinese only think that the government need money.. common sense la, its a unit trust, its investing in equities, but how many chinese think that way?

Thats why today, most of the chinese 'hitting their chest' saying how regretted they are.. Oops too late..

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Added on May 26, 2011, 10:49 amI dont think the PNB will launch additional units for AS1M based on their recent announcement..

This post has been edited by smartinvestor01: May 26 2011, 10:49 AM

I guess PNB should open the balance units to the lower income group people..

Maybe eligibility based on the income range of RM2,000 and below, with evidence of EPF.. Haha...

If thats so, i hope it really is true news..

Yape, i agree with you.. Everything very sudden one.. For me, how soon can i come up with those extra cash within such a short period.. Banks will be full with people withdrawing their monies to try..

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Added on May 27, 2011, 6:44 pmIts better to keep it forever, especially for the chinese like me.. Seldom have the chance to bank in into the account.. I have been using it as my passive income generator since the risk is minimized and the returns are consistent..

Its a good fund to be use as retirement fund.. I am not going to put any cent in the FD, the returns are just too cute..

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Added on May 27, 2011, 6:45 pmIf i am a bumi, i will certainly go for ASB.. The risk are low, there is no sales charge, and the returns are consistent as well.. It offers peace of mind since it is fixed price fund..



This post has been edited by smartinvestor01: May 27 2011, 06:45 PM

Now all the fixed price unit trusts by PNB were sold out for the chinese quota..

Hm.. next time if there is any new launching of fixed price unit trusts units, many chinese will bring a big bag of cash to bank-in.. lol...

Right now, even if the PNB launches the new type of fixed price fund, i will still believe in their performance. Many have regretted on the Amanah Saham 1Malaysia for their early perception. Now its fully subscribed..

Well, other investments modes are like equities via stock market or unit trusts, but with the risk involved, not many people would put their hard earned money in such risk..

For instance, for some people who could save a bit for investments, we cannot expect them to take the risk.. They rather be conservative then to put it in high risk although the returns are high..

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Added on June 12, 2011, 5:44 pmYape, the most happening scenario...

Chinese quota (Sometime during and after the launching of new units)

Investor: I want to bank in RM10,000 in my ASM..
Teller: Sorry, sold out for Chinese quota, try again next time..
Investor: Still have to wait for next launching of additional units ah? Haiz, i spent my time queuing for nothing..
Teller: Sorry about that..


Bumiputera quota (During and after launching)

Investor: I want to bank in RM10,000 in my ASB..
Teller: Okay, done. Here is your slip..
Investor: Thanks..


At the end; Chinese have to wait, RM10,000 still kept in FD especially if the Chinese is a conservative investor..

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Added on June 12, 2011, 5:47 pmWell, RM20,000 could earn RM1,200 per year if the interest is 6% per year.. What to say how much it can earn after long term due to compounded interest..

Peace of mind some more.. Lol..


This post has been edited by smartinvestor01: Jun 12 2011, 05:47 PM

Yape, the price fluctuates based on the market rate..

I agree... As long as you can absorb the risk of fluctuations of ASN3, it is also a good investment vehicle..

How come this link below says that those chinese in Sabah can invest in ASB?

KK

If it is really true, how come it only applies in Sabah alone?

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Added on June 30, 2011, 9:06 amWell, after a check to the office there, the officer said the person putting in this link could be the person having Bumiputera parents.

Or else, it is quite impossible for the office to allow for opening account of ASB for the chinese..

This post has been edited by smartinvestor01: Jun 30 2011, 09:06 AM

Oh gosh, i am glad you share it here.. I never realized that..

Yape, I agree with you.. Given the return is actually below the effective gross rate, it is logical that they will continue to be tax exempted over the long term.

Added again that, in my opinion, the government is the largest stakeholder for PNB.. The government will ensure those stakeholders (majority of investors) are well taken care of in terms of the taxation..

Well, i should say should be many investments by the government servants involved, especially the bumiputeras.. Believe me, i have my own reason to believe in it..