Agree... Never mislead without doing research..

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Added on August 23, 2010, 12:07 pmI expect the dividend to be declared by the mid of September 2010.. Based on the record of the declaration of dividend by their side.. ^^

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Added on August 23, 2010, 12:19 pmSeems like some of the people of the public were confused about AS1M; but i am acting as an neutral, but to show what i found:-

1) AS1M objective launched by the Prime Minister was to encourage the citizens to invest their money to increase their asset value..

2) AS1M was also intended to increase the income of the citizens, though not much, but it helps..

3) AS1M is investing in equities, and trust me, even for them to declare dividend of minimum of 6% is not difficult despite their consistent performance..

4) Some of the people think that the Government will use the money for their political policy, but from what i see, it was the intention of PM to increase the income.. Whilst, investment in equity funds by those expert fund managers might contribute more than 15% (conservative projection) returns, so nothing is impossible..

5) Their benchmark of 3.7% to 4% were actually as a conservative target for them to perform better than the benchmark, but many thought the return is low, hm.. next month will prove whether this statement is right or wrong..

6) Capital protection is true.. See PNB is listed in the Bank Negara Malaysia..

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Added on August 23, 2010, 12:30 pmFor your info, i have been trying to invest in since the ending of the World Cup campaign, and it seems available until today.

But if you are opening new account, i dont think so, but the available is only for additional investments..

This post has been edited by smartinvestor01: Aug 23 2010, 12:30 PM

Soul2soul, have u have an existing account for AS1M before?

If you have opened before, and now you are an existing accountholder, you might have chance to top up your investment..

I was thinking about trying my best to top up as many as i can before the mid of September, which i expect the dividend will be issued.

When you want to top up, straight away go to the counter/teller, dont ask the front desk become they will confirm to tell you sold out sometimes even if its still available.. ^^

Yape, you are right, as long as there is someone selling, there will be opportunity for buying..

But too bad, the banks tellers are the first to know, and they are the first to have the advantage to buy compared to us..

Wow, your friend's uncle might be a very high income earner..

Anyway, its true that there would be a few big withdrawal expectable..

This post has been edited by smartinvestor01: Aug 24 2010, 02:58 PM

Do you guys know how the interest is calculated?

Assume that the dividend declared is 6 sen, how is the dividend calculated?

Its a big question for me because i have many transaction at different months..

Thanks in advance..

Right now you can try to ask at the counter on the availability of the AS1M fund at the banks and the other PNB agents.

If you are talking about waiting for the 4th September, for us chinese, we would be waiting for a miracle, because its not much hope..

First, is if the dividend announced were attractive, the next day after the fund had paid the dividend, all the chinese will queue for it, early in the morning..

Secondly, we never know whether the PNB is going to open up some of the other quotas for subscription..

Oh.. I was thinking about trying my luck again for the Amanah Saham 1Malaysia for the chinese quota, but i was running out of luck because it is sold out already, sold out for good..

Haiz.. now can only hold the investment until the upcoming dividend declaration..

But still fortunate to have put since the World Cup until 25 August, now no chance already...

This post has been edited by smartinvestor01: Aug 30 2010, 05:51 PM

The BLR rates are going up consistently, and i think it is carrying risk already, instead of being a very certain option..

However, depends on you to take the risk..

Agree with this .. Over the long term, your investment via loan will be pinched by inflation and increase in the BLR rates, where you feel nothing on your investment return anymore..

This is called 'the minimizing of investment power'..

I am targeting the declaration of dividend to be either next week or the week before 23rd September 2010.. Hopefully the news come out soon..

Most of the time, it is a payout into the account.. ^^

The previous Amanah Saham Malaysia, Amanah Saham Wawasan 2020 and Amanah Saham 1Malaysia, which are fixed price funds, available for the non-bumi are sold out.

If you want these fixed price funds, you might have to wait for the declaration and announcement of new units offered for sale by ASNB.

Others are price fluctuation ones such as ASN3 and ASG..

Based on their historical declaration, maybe mostly likely next week, or the 23rd.. ^^

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Added on September 16, 2010, 9:15 amHm... those funds also give consistent returns to the investors.

But from my perspective, my investments does not consider the both of them due to the service charge of 5%..

As an investor who invest heavily, with low personal savings ratio, it might be too risky for me to risk part of my capital when i withdraw it because its more on long term than short term..

If you are thinking about accumulating for long term, i guess ASG offers better, namely 3 funds under ASG..

Those funds should be available at most of the time..

Hope this information could assist you..

This post has been edited by smartinvestor01: Sep 16 2010, 09:15 AM

About the diversification, its really in my mind.. But since AS1M was still available for the chinese, it would be my focus at the moment..

It could be almost time for me to invest via FSM, and CIMBClicks already.. EUnit Trust also will be one of my portal.. ^^

This month i already deposit another one thousand plus into my AS1M account.. The last deposit date was on the 14 September 2010..

Yes.. Most probably.. ^^

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Added on September 20, 2010, 11:27 amAmanah Saham 1Malaysia's financial performance will be declared on 23rd September 2010..

Therefore, the dividend will be declared on that day..



This post has been edited by smartinvestor01: Sep 20 2010, 11:27 AM

Yape, i am wondering too..

Three more days counting on..

** Curious **

From the website of ASNB.. Amanah Saham Nasional

Hm.. this makes me think that the dividend might be quite nice..

Yes.. 6.38%, hm.. i think most probably low payout due to retained earnings..

Theoretically, PNB will allocate a certain portion of undeclared dividends (retained earnings) all their time.. Its their policy.. But i still hope for better results next financial period declaration..