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 AS1M/ASM/ASW2020/ASN/ASB and other PNB funds V3, lending your money to the government

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ronnie
post May 6 2012, 12:58 AM

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QUOTE(newbie87 @ May 5 2012, 08:08 PM)
hi guys, i'm just planning to start investing in asnb. as of now, i dont have any asnb accounts yet. i've done some reading on each prospectus, t&c, faq, but i just have a few quick questions (sorry if some of u might find these as no-brainers):

i'm chinese. lets say another chinese has just let go 2000 units of asw2020 n these units r now available. assuming no one buys those units yet, so theoretically..

1. if i open a new asw2020 account at an asnb office, will i be able to make a starting purchase of 1000 units successfully (since assuming those 2000 units r still untouched)?
2. will the result be the same if i do the above at a cimb branch instead, assuming there's no "syndicate"/unscrupulous/selfish/pakat acts by the officers? n how about at a maybank branch?

sorry, i asked in such manner only cuz i just wanna know how units r actually made available outside launching period, n whether each bank r restricted differently on how many units can be purchased through each of them with respect to the actual units available.

thanks! smile.gif
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99.99999% you won't get to buy any ASW (even if someone sells)
whyee
post May 6 2012, 01:31 PM

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actually i have this question in mind. lets say these funds declares millions in yearly dividend. but why the fund size never increase, and yet cannot buy new units?
cheahcw2003
post May 6 2012, 04:13 PM

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QUOTE(whyee @ May 6 2012, 01:31 PM)
actually i have this question in mind. lets say these funds declares millions in yearly dividend. but why the fund size never increase, and yet cannot buy new units?
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the funds will growth organically for the reason of dividend reinvested. But there will be no additional fund available for public unless investors withdraw the dividend then create rooms for other investors to top up
whyee
post May 6 2012, 04:27 PM

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when dividend is reinvested, the following year should have an increased fund size. at least the announced dividend. unless... when some people cash out and the available units are then not sold out. maybe??
1282009
post May 6 2012, 05:56 PM

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QUOTE(whyee @ May 6 2012, 04:27 PM)
when dividend is reinvested, the following year should have an increased fund size. at least the announced dividend. unless... when some people cash out and the available units are then not sold out. maybe??
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I guess so. This is why cheque was issued to us on the dividend payment in first few years when the fund was launched.


cheahcw2003
post May 6 2012, 08:48 PM

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QUOTE(whyee @ May 6 2012, 04:27 PM)
when dividend is reinvested, the following year should have an increased fund size. at least the announced dividend. unless... when some people cash out and the available units are then not sold out. maybe??
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the fund size keep on increasing for ASW2020, it was RM14bil, now it's RM15.15mil due to the dividend reinvested.
ronnie
post May 7 2012, 09:26 AM

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QUOTE(cheahcw2003 @ May 6 2012, 08:48 PM)
the fund size keep on increasing for ASW2020, it was RM14bil, now it's RM15.15mil due to the dividend reinvested.
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I suspect a typo, right ?
yiivei
post May 7 2012, 11:06 AM

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QUOTE(ronnie @ May 7 2012, 09:26 AM)
I suspect a typo, right ?
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If that was true, then ppl will start to pee on thier pant. haha!
tiramisu83
post May 7 2012, 02:28 PM

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QUOTE(ronnie @ May 6 2012, 12:58 AM)
99.99999% you won't get to buy any ASW (even if someone sells)
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last few months i was able to buy RM100 even though i wanted to buy RM500, so im the 0.000001%? haha biggrin.gif

ronnie
post May 7 2012, 03:57 PM

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QUOTE(tiramisu83 @ May 7 2012, 02:28 PM)
last few months i was able to buy RM100 even though i wanted to buy RM500, so im the 0.000001%? haha biggrin.gif
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OT: You should have bought Toto Jackpot also to kena RM20 millions
cheahcw2003
post May 7 2012, 11:02 PM

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yeah...typo. shd be RM14.0 bil increased to RM15.15bil
tiramisu83
post May 9 2012, 04:55 PM

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QUOTE(ronnie @ May 7 2012, 03:57 PM)
OT: You should have bought Toto Jackpot also to kena RM20 millions
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haha, sure or not? i am so lucky? but i think there still got a possibility to buy in some, but is low i guess
cheahcw2003
post May 10 2012, 11:22 AM

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QUOTE(tiramisu83 @ May 9 2012, 04:55 PM)
haha, sure or not? i am so lucky? but i think there still got a possibility to buy in some, but is low i guess
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can always try on 1st day of the month, or 1st day after the declaration of dividend, or b4 the festival seasons where household need to use money.
Higher chance to get
smartinvestor01
post May 12 2012, 09:01 PM

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QUOTE(cheahcw2003 @ May 10 2012, 11:22 AM)
can always try on 1st day of the month, or 1st day after the declaration of dividend, or b4 the festival seasons where household need to use money.
Higher chance to get
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Thanks for the suggestion... ^^
1282009
post May 12 2012, 09:42 PM

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Good suggestion smile.gif


whyee
post May 17 2012, 11:09 AM

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the investors here, the yearly statement announcement brochure, is it sent to every investor or only to investors with a certain amount? just asking and curious.
abhipraaya
post May 17 2012, 08:56 PM

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QUOTE(rajivshm @ Apr 8 2012, 10:47 AM)
same as me.. sold 450 of AS1M and when immidiately tried to buy 800, couldnt. could go max 250 only.
BTW, they told me Indian quota for AS1M has been sold out. anyone knows if this is true/ where can confirm this?

Was told by Maybank branch.
Thanks.
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Is it possible to Change / transfer the ownership of these units from one person to another without resorting to disposing the units and the other person purchasing them again from pool?
ronnie
post May 17 2012, 09:07 PM

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QUOTE(abhipraaya @ May 17 2012, 08:56 PM)
Is it possible to Change / transfer the ownership of these units from one person to another without resorting to disposing the units and the other person purchasing them again from pool?
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Of course no way to "transfer".. you need to sell it and someone will buy it
smartinvestor01
post May 17 2012, 11:08 PM

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QUOTE(smsbusiness2u @ May 17 2012, 09:12 AM)
anyone try and success?
Any quota limit for non-bumi?
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Have not try yet, this month in a tight budget... whistling.gif
TSOM
post May 21 2012, 06:34 AM

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when are they going to introduce new products, or expand their current products?

Any insider?

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