Read an article in newspaper that says "investment in PNB funds cannot compound the returns". Something like the dividends cannot be reinvested. Is that correct? I think they got it wrong.

definitely untrue for ASM and ASW2020. not sure about the others. used to be that PNB will pay the yearly dividends by cheque. but since at least the last 5 years, the dividends has been added back your invesment.

+1

thats exactly what i think

YUP!, all my investment in PNB funds are reinvested into my account after they announce the dividend..... asm,asw,asn3,

you need to place the weblink on the website, usually the newspaper have the weblink. So that we would know the details b4 giving any comments.
Many banks are loosing tonnes of deposits/fixed deposits due to the recently launched As1M, especially the older ppl withdraw from the FD and deposit into AS1M, so some bankers are spreading the rumous......

Yes got one insurance agent wanted to promote their investment fund to me. He asked me where i put mostly my money, and I told him ASW and AS1M. When he heard this, immediately he no energy to promote already. The private mutual funds hate PNB.

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.


Attached image(s)

Do we need to declared the dividen that received from ASW in tax form?

December 08, 2009 18:18 PM

PNB To Announce ASB Dividend On Monday

KUANTAN, Dec 8 (Bernama) -- Permodalan Nasional Bhd (PNB) is expected to announce the dividend distribution income for Amanah Saham Bumiputera (ASB) this coming Monday, its President and Group Chief Executive Tan Sri Hamad Kama Piah Che Othman said.

The dividend as usual will take into account the performance of PNB which has been able to provide good returns to its investors every year compared with other investment instruments with similar risks, he said.

PNB manages to consistenly give good returns to investors, he told reporters after handing over PNB's business zakat amounting to RM1.7 million to Pahang's Islamic Religious and Malay Customs Council Chief, Tengku Abdullah Sultan Ahmad Shah, at the Istana Abdul Aziz here on Tuesday.

Hamad Kama Piah said the current market also has not badly affected PNB's performance.

He, however, declined to say whether ASB's dividend this year will be better than the previous year.

Asked on the prospects for PNB's investments in 2010, he said based on the better economic growth projection for the country, PNB also expected the climate for investments to improve.

"We hope that the performance of share investments managed by PNB will be better," he said, adding that the company will be investing in new instruments to increase its revenue.

Meanwhile, the amount of investments made by the people of Pahang in PNB operated share units amounts to RM4.2 billion or about four per cent of the total funds managed by PNB.

-- BERNAMA

No.

when will be announcement regarding how much dividend ASM maybe get this year.?
any idea?
ASW 2020 has been declared last 2 month～not bad...6.3%

This post has been edited by yks8845: Dec 11 2009, 10:40 PM

ASM financial year end is 31 March, the dividen will be annouced one week before

Thanks,,,.
i just bought ASM this year ( 21th july).
thought they will announce dividen end year..

your dividen will be calculate from 1st August onwards on monthly rest basis

ASB Dividen 2009

Dividen 7.3%
Bonus 1.25

Source : PNB HQ

yeah, better than expected, ASB consistantly pay 1% more than ASW/ASD/ASM

But too bad ASB is only for bumis

Why the ASB always out paerform other Unit trusts under PNB?

source pls...thanks

because its for bumis....