As long as you have RMxxx for the full entire month, you will get the dividends.
It doesn't matter if you withdraw before the dividend is declared.

my mum invests 92k on ASM2020. Are they really safe? chinese btw.

IMHO, it's safe & good. I started ASW2020 & ASM when it 1st launch.
that time buying is very easy (damm easy) no need Q, no need KFC
ASW 2020 & ASM is the only 2 investment scheme that makes me smile aways.
(PNB say when re-draw ASW2020 & ASM no apa apa charge lain ada)

Since ASW2020 is full for chinese quota, so ur mom needs to think twice if she want to sell ASW2020? once it is sold, it will be difficult to buy back. Understand from some bank staffs that there are many non bumi that "stand-by" in the bank to buy in ASW 2020. What the investors do is they just handover the ASW2020 passbook to the bank staff, whenever someone sold the unit the bank staffs will bank in for their valued customer....

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Added on October 14, 2009, 3:53 pmAS1M: 2.7 bilion unit dilanggan

PULAU PINANG 13 Okt. - Sebanyak 2.7 bilion unit Amanah Saham 1 Malaysia (AS1M) telah dilanggan sehingga kini, kata Ketua Eksekutif Kumpulan Permodalan Nasional Berhad (PNB) Tan Sri Hamad Kama Piah Che Othman. Beliau berkata, 75 peratus daripada kuota untuk pelabur kaum Cina telah dilanggan manakala unit untuk pelabur Melayu dan India masih banyak belum dilanggan.

"PNB sentiasa mengadakan program untuk meningkatkan dan memberi kesedaran kepada orang ramai tentang kelebihan pelaburan," katanya kepada pemberita selepas majlis penyerahan zakat perniagaan kumpulan PNB sebanyak RM2.2 juta kepada Majlis Agama Islam Negeri Pulau Pinang (MAINPP) di Seri Mutiara di sini hari ini. Zakat berkenaan disampaikan Hamad Kama Piah kepada Yang Dipertua Negeri Pulau Pinang, Tun Abdul Rahman Abbas yang mewakili MAINPP.

Hamad Kama Piah berkata, menerusi kempen kesedaran itu, penjualan unit amanah akan mendapat sambutan berterusan daripada pelabur. PNB juga akan mengadakan kempen meningkatkan kesedaran pelaburan di seluruh negara bermula 20 Oktober ini. "Kelantan adalah destinasi pertama kami, diikuti dengan negeri lain selepas itu, ia adalah program berterusan PNB," katanya.

AS1M, dana harga tetap dengan saiz 10 bilion unit, yang dilancarkan pada 31 Julai lepas oleh Perdana Menteri Datuk Seri Najib Tun Razak telah dilanjutkan tempoh peruntukan langganan mengikut kaum sehingga 31 Dis ini.

AS1M adalah tabung unit amanah berharga tetap berharga RM1 seunit yang kelima yang dilancarkan oleh PNB selepas Amanah Saham Bumiputera (ASB), Amanah Saham Malaysia (ASM), Amanah Saham Didik (ASD) dan Amanah Saham Wawasan 2020 (ASW). Hamad Kama Piah berkata, sejak ditubuhkan sehingga sekarang, PNB mempunyai hampir 10 juta pelabur dengan nilai pelaburan mencecah RM100 bilion. - Bernama



This post has been edited by cheahcw2003: Oct 14 2009, 03:53 PM

hey guys, sorry for a really noob question. just a quick one, lets say this month i've converted my ASB say rm100k to cert before they announce the dividend bonuses at year end, do i loose the dividend of oct, nov & dec?and does that affects my on-the-way-to-10yrs 2%++ bonus too? cos i didnt touch it for 5yrs.

This post has been edited by elru: Oct 17 2009, 12:51 AM

+1

so keep your 92k as capital & re-draw the deviden.

Hi, if I park my money in AS1M, if I want to withdraw by next year, will I be charged 1%? Thank you

no redemption fee for AS1M like other fixed price products of PNB

Thank you for your reply, I will go to bank tomorrow to inject somemore.
By the way, is redemption process complicated? or just like withdrawal from saving account; bring IC & passbook over the counter?

yes, same as saving account, withdrawal can be made anytime with passbook

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Added on October 20, 2009, 11:15 pmOctober 20, 2009 21:42 PM

PNB Hopes To Get 10 Million Share Unit Holders By Year End

KOTA BAHARU, Oct 20 (Bernama) -- Permodalan Nasional Bhd (PNB) which has successfully reached the target of selling 100 billion share trust fund units, is looking at increasing the number of its unit trust shareholders to 10 million by end of this year. The trust fund company has so far sold about RM100 billion worth of units through nine share trust funds it has launched since its establishment in 1981.

Its President and Group Chief Executive, Tan Sri Hamad Kama Piah Che Othman said Amanah Saham Bumiputera (ASB) has recorded the highest sales of units worth RM69 billion compared with the other share trust funds. "Todate, some 9.8 million people have invested in the share trust funds launched by PNB," he said, adding that PNB hoped to see the number increase to 10 million by end of this year.

Hamad Kama was speaking to reporters after launching a state level promotional programme for Amanah Saham 1 Malaysia (AS1M) Kelantan here Tuesday. He said PNB hoped to sell by end of this year all the 10 billion units of AS1M, which was launched by Prime Minister Datuk Seri Mohd Najib Tun Razak on July 31. So far three billion units of AS1M have been sold, he said, adding that sales had been slow due to a lack of awareness of the fund and also the high trust fund size.

"What we are doing right now is collecting the feedback and complaints from people who could not subscribe the share units," he said. The quota for the Chinese community of RM3 billion now has a balance of 23 per cent while from the RM1.5 billion quota for the Indian community, sales has reached 20 per cent. �"The quota of RM5 billion for the Bumiputera community has seen sales of only three per cent so far, and this big promotions are being held to attract more people to invest in the AS1M," he said.

There is also possibility that people are doubtful and worried about investing in AS1M which is seen as a new product, he said. As part of its promotions, PNB has established the Myvi-AS 1Malaysia squad which will have marketing officers going to various popular locations to inform the people of the AS1M. In Kelantan, the squad will be stationed around the Kota Baharu, Pengkalan Chepa, Pasir Mas, Tanah Merah and Pasir Puteh areas.

-- BERNAMA

This post has been edited by cheahcw2003: Oct 20 2009, 11:15 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.

If I am not wrong

PNB in their scheme usually have two tiers of payment:
Dividend and Bonus
Dividend are calculated based on lowest balance of each month multiply by 1/12 of yearly rate.
Bonus are calculated base on lowest balance of the (calender) year multiply by the yearly rate.

Say that you start purchasing/saving now for RM200
Next month you add another RM200
and in Dec you add another RM200 and withdraw RM 300
Say that the dividend declared will be 6.0% and Bonus 1.5%
So your dividend and bonus calculation as follows for:
OCT = 0.00 *( 6.0/12)/100 = RM0.00
Nov = 200 * (6.0/12)/100 = RM1.00
Dec = 100 * (6.0/12)/100 = RM0.50
Bonus= 0.00 * (1.5/100) = RM0.00 ( Saving less than a year)

and so on....

This post has been edited by rosdi1: Oct 22 2009, 07:28 AM

What u meant is ASB dividen calculation, and not other products of PNB. ASW2020 do not have bonus payment

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..

Only ASB pays bonus, other funds never pay bonus (except for ASW2020 paid bonus 1% 10 years ago, since never happened again).

Nothing to do with election, it is paid according to so-called fund performance. Nowadays voters are very smart, I do not think the voters will make their decision on which party/politician to choose based on the dividen/bonus they received.

PNB funds will definitely take a hit when the Opposition wins the next GE.

You must be very young then.
What ever good the politician (including the opposition) do they all have political motive to be translated to vote (that why they are call politician).

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.

Thanks for the compliment by saying i am young, what i am trying to say is, whatever the government does, we as voters will evaluate the government based on their performance in economy, social, education aspect. The evaluation will comes in the form of vote. Not solely on how much % of dividend they declare in ASx products....

Only innocent investors will vote BN for the sake of higher dividend declared.

Anyway, we shd stopped here otherwise will be out of topic already.....