Yea, was wondering the same thing too... Why ah?

Based on the statistic given by PNB chairman, 1.5bil of 1.6bil sold unit are subsribed by chinese, means 94% of AS1M fund are held by chinese as at to date?????

2009 – 6.30% + bonus 1.70% confirmed?

Ermm?? It's ASW? The newspaper certainly mentions "Amanah Saham Shares" but not specific enough abt which shares they're giving. I thought it's most likely refer to AS1M? Well, we will see more detail from the coming news....

Anyway, thanks for your info too.

hi guys, going a bit out of the current discussion.

This is my situation,I was born outside malaysia. I opened an ASB account once. then it was rejected and the money was refunded, something about my birthplace not being malaysia (cant remember the exact contents of the letter, was  a while back). Mom and dad are malaysian, Malaysian IC and birth cert,

So im wondering if anyone who has encountered this can advise me on what to do to get my ASB account. Hope to get more info here before actually going  to the ASB office.

thx in advance

i dont think so, once u hit the 200K max, only the reinvested dividend can be added on

cookie monster, i do not mean to be rude but your blutant comments and over confidence without checking properly only show stupidity
http://www.icicibank.com/interest-rates.html
check this it is 7.5% p.a for 990 days
just like the local bank FDs they have different rate based on how long you wanna keep them but all interests are p.a.

you are totally right, but guess what, i was not comparing apple to apple either, that is why i posted so we can discuss
but the earlier poster did not read properly and thought it was 6.x for 990 days instead of 6.x p.a. for a 990 days placement
that was what i was clarifying
what are you thoughts on this?

I think all Bumiputra in Malaysia will make sure their ASB is full first before considering other ASNB funds 

Anyway, there really were many Bumiputra selling their ASW2020 in the last few weeks. So i kind of doubt ASW2020 is still sold out now for the Bumiputra portion.

anyone know about AMB FUND?
Eespcially for Amanah value trust fund, is it open for all races or only bumi?

thanks

Hi, does any Bumi do what I say as in the below posting ?

Miles, good explanations there.

Hmm, looks like it's a good way to place cash inside PNB Funds as Emergency Funds. Good liquidity, and good dividend for the Fixed Price Funds. Can withdraw for, say, medical emergencies.

Then, for Daily Expenses - another creative way. Meaning : a Fixed Price Fund unitholder will only need to travel to any bank to selloff some units at every month-end, and use the money for the rest of the month. Then comes another month-end, do the same thing again.

The calculation must be good - the total units sold away, being equal to the total amount withdrawn for monthly expenses; -> when totalled up for the whole year must be equal to the total amount of divdend earned in the previous year to keep the principal constant, and therefore, be able to generate the same "expenses amount" again for the following year.

One must be careful not to withdraw more than what one earns as dividend at the preceding year.

In this way, so long as the dividend yield remains constant year in and year out, there will be income earned consistently for spending.

Have I missed anything ?

Sorry it is 6.38%*(12/13.87)=5.52% per annum.

If you put in rm100,000 on 1/10/09 (for 12 months) your return is only RM5520.

if you put in rm100,000 on 5/8/09 (for 13.87months) only than your return is rm6380.

Sorry miscalculate.

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Added on October 5, 2010, 12:22 pmsoul2soul I am no private mutual fund agent. Dont be so quick to judge. Was taken aback by your response which u have amended. It was my mistake that I miscalculate. Thank you for jolting me into recalculating the return. I am more happy now knowing the return is now better ie 5.52%/year.

hmm... true also. Thanks for highlighting.

Just realize tahun kewangan berakhir 30 september 2010. Which means.. we only paid 6.38% for 13 months = 5.88% per annum.

Let's see how this fund perform next year.

Sniff does this mean PNB fund is getting worse in their performance??

can someone explain this please? i also would like to know..

Another 8 days to FYE of AS1M and they have yet to annouce the divident.

hye...simple question..can i transfer from bank to asb acc using on9?
thnx

u have the ability to earn and put 180k in ur ASB but cant count what is 8.8% of 180k?