if asw2020 distribution is 6.5% ...most probably AS1M will be slightly higher

AS1M allocation:
50% Malay, 30% Chinese, 15% Indian and 5% Others

Wow a fund that has racial quota written on it and PNB calls that 'One Malaysia'  . I would like to subscribe to a fund that is truly 100% malaysian without asking me my race but my nationality.

They should change their mission to help the low income earners only. No racial/bumi discrimination. But then u gona hammer me for whatever I say.
Yea discrimination is everywhere. But in Malaysia, it's sanctioned by law .
anyway you are right those who got discriminated gotta grow smarter and stronger.

Not something to be happy about, but at least it matches ASW2020.

anyone knw hw much is the dividend for as1m  for year 2011?

Probably base on IRB records, those without records or not in the taxable bracket but with illicit source of income,corrupt money or tax avoidence would also qualified. And also those politically well connected. Welcome to the Bolehland

last.. when a1sm going to launch again ( non-bumi quota)

R u writting on the right thread? How Bon+sukuk+felda+cimb related to PNB funds?

does anybody remember for how long ASB closes in december/january?, ie no withdrawal/deposits allowed while they do the dividend calculations.
thanks

the most important things is not the number of account u have, it's amount of money u hv in the account. Unless your hobby is to collect the asnb passbook. It's doesn't serve purpose of the diversification also, because it is run by the same company and investing in the similar portfolio, such as sime Darby, Maybank, Sp Setia, and etc.

lowlowc: what happen another person was trying his luck to buy ASW2020 quicker than your friend... Thus a risky maneuver.

Thanks mate! I opened the account with just RM100 about 3 months ago. Guess i have to act fast.

...actually can declare 12 sen....WOW

Davinz18 & MGM, I know what u meant. The example I quoted is also long term, I used 10 years investment period horizon. I just help the readers here to look at different side of the coins.

Every year they annouced they will distribute part of the profit the rest will carried forward to the following years, every year they hv the same script in the annoucement. There is no incident whereby they mentioned " we make lost this year, profit is distributed from the profit brought over", meaning they hv surplus almost everyyear.
And where are the surpluses gone over the years and Since it's inception?

my family has been invested in pnb funds for more than 20 years before ASN and ASB were split.

I invested some of my money in ASB. Just to have a peace of mind that a portion of my money is making profit each year, though not much.

I invested some in unit trust too. Hoping that another portion of my money is making larger profit compared to ASB. But unalike investing in ASB, there's always some worries that I'm not going to make much profit for certain year. Since service charge already 5.5%. If I invest at 'wrong time', I'll take longer to make larger profit too.

ASB never force you to invest with them. It's your choice what to do with your money. They have stated clearly what to expect when you invest with them. No institution & nobody is going to promise you a 10% profit guaranteed each year for your investment with no lost. There is no easy money....

how to invest in this scheme? any guidance here?

is the amanah 1 Malaysia non- bumi quata still available.

Of course you can but 99.99% you'll get the answer no.

any other way?

yes if PNB bankrupt