I have already invested 50k previosuly in AS1M, can I invest more now? up to how much? has the 50k quota been removed?
AS1M, ASM, ASW, ASB V2, PNB fund
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 Oct 5 2009, 08:35 PM
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#1
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Junior Member
171 posts Joined: Sep 2008 
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Oct 8 2009, 08:32 PM
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#2
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171 posts Joined: Sep 2008
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Not quite sure on how PNB calculate dividends for all their funds. Lets say you invest in ASM. Annual dividends only declared once right? Assume it is on March every year. So, does that mean that if you sold off all your investments before March, you get nothing? If you invest in any of the months prior to March, you can actually get prorated dividends, I believe. BUT what about disposal before March? Lets say I invest in April last year and dispose everything on December last year...any dividends for me?
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Dec 7 2009, 05:26 PM
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#3
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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.
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Dec 7 2009, 08:59 PM
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#4
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QUOTE(lookie @ Dec 7 2009, 07:43 PM) 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. thats exactly what i think |
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