sorry. not 31 march.
AS1m Financial Year Ends at 30 September..

31 march or 30th september?
can't wait to withdraw my money.

Askar

goto this site and familarise yourself with the fund before taking
a dip.

http://www.asnb.com.my/english/as1msia.htm

right at the bottom of the fund info is the date
of "financial year end".

good luck....

sorry
ASM = 31 March
AS1M = 30 sept

Hi guys,

Can I know if we buy from ASNB agent and when I want to sell, can I sell thru ASN Office or do I need to go back to the agent to sell?

You can do it in ASNB office, Post Office or any of its agents such as Maybank, CIMB Bank and RHB Bank. If it involves a large amount of cash, please go to any of the three banks mentioned as there is no restriction for the amount of cash you can withdraw.

Been to ASNB Office today to top up.
Was told only 200 mill left. so far quotas not
filled for other races e.g bumi or Indians etc
still not opened up yet to Non Bumi Chinese.

are u talking abt AS1M, in my opinion, if AS1M chinese quota full, i think other race quota will be opened, PNB ultimate aims is to sell AS1M units....and to meet quota

I have heard about this somewhere BUT never from the "horse' mouth" ... I mean official.
Anyone saw anything like opening up AS1M to all races after Chinese quota filled?

PNB agih pendapatan ASM 6.30 sen
22/03/2010 11:43am


KUALA LUMPUR 22 Mac - Permodalan Nasional Bhd. mengumumkan pengagihan pendapatan Amanah Saham Malaysia (ASM) bagi tahun kewangan berakhir 31 Mac 2010 sebanyak 6.30 sen. - Utusan

6b Amanah Saham 1 Malaysia units still available........

KUALA LUMPUR, March 22 — Six billion Amanah Saham 1 Malaysia (AS1M) units are still available for public subscription, to date.

Permodalan Nasional Bhd (PNB) president and group chief executive Tan Sri Hamad Kama Piah Che Othman said the Bumiputera and Indian quota made up the bulk of the remaining portion.

Saying that the subscription pace had not changed much since ASM1 was launched in July last year, he said the take-up rate was the fastest among the Chinese.

“Only eight per cent or 238 million units of the three billion units allocated for the Chinese community is still available,” he told reporters after announcing the income distribution for Amanah Saham Malaysia (ASM) here today.

He said the equity income fund enjoyed brisk sale among the Chinese community as not many funds offered by PNB are open to non-Bumiputeras.

“Many people are still waiting for the maiden dividend to be announced. They want to compare with other funds, under PNB, to determine if the returns from AS1M are as attractive as other unit trusts,” he said.

Hamad Kama Piah said Bumiputeras are more comfortable investing in Amanah Saham Bumiputera (ASB) and Amanah Saham Didik.

The AS1M, a fixed price fund of RM1 per unit, is open to all Malaysians with 50 per cent allocated to Bumiputeras, 30 per cent Chinese, 15 per cent Indians and other races, five per cent.

The fund is the fifth launched by PNB after the ASB, ASM, Amanah Saham Didik and Amanah Saham Wawasan 2020. — Bernama

Not shabby at all Expect a better return for ASW2020 later this August

In fact I wasn't too happy with the 6.5% dividend announced. In 31-3-09, we still could get 6.25%. But with the economy improving from 2nd half 09, I expect good gains from equity market. It started with a very low base in April'09.

If we compare ASM with ASW2020, we could see that dividends of ASW are not always higher than ASM. ASW 31-8-08 7.00% vs ASM 31-3-08 7.80%; ASW 31-8-09 6.30% vs ASM 31-3-09 6.25%.

If our equity market performs well from now till Aug'10, we can expect a higher return for ASW. On the other hand, if the market slumps or consolidates, we may expect a lower dividend rate.

hu hu, time to spend money

Now that its declared to be 6.3% ... hmmm..

Is its dividend payment date for Amanah Saham 1 Malaysia : 30 September 2010 ? according http://www.asnb.com.my/as1msia.htm

If yes, if I buy now, then half year returns is 6% shocking.gif (assume its returns is near to ASM)

Your dividend payout should be prorated for 6 months....
If they announce 6%..then you get prorated of 3%...

6 months of 3% is still 2X better than normal FD rate..now i'm thinking to get some too

Time to refocus the FD for 6 months to AS1M if it's still available.

All return stated is on per annum basis, not half-yearly.