Khairul88hazwan,

Please refer to the statement as below,
"Golongan minoriti adalah satu golongan yang telah mendapat kebenaran khas dari Perdana Menteri untuk melabur dalam semua unit amanah yang diuruskan oleh ASNB iaitu Siam, Portugis, Eurasian, Serani, beragama islam tetapi bukan Bumiputera"

Info,
http://www.asnb.com.my/eligibility.htm

Eleven Dragon,

ASM is Amanah Saham Malaysia, this fund have no limit per person to buy units, subject to fund size, as long the fund size still able to capture the amounts, the size fund is depend by percentage of races. Majority holder will be given to Bumiputera 50%, 30% for Chinese and etc. units will be available if any current unit-holders sell off their units in exchange for ringgit. At the moment, it is always fully subscribed if you're saying about Chinese quota. ASB is the fund which capped at 200,000 units, with unlimited fund size. It is good because it a capped price at the rate of 1 units per ringgit without fluctuation. For low risk taker, it is always a good investment while for smart investors, it is not a good investment since they can get a better rate of returns.

Eleven dragon,

Only ASB (Amanah Saham Bumiputera) is capped at 200,000 per adult unit holders, other relative fund have no limit, which mean you can buy all units as long there's available unit fund depend race quota.There's only a capped normally during initial offer period such as new fund or another fund increment but subject to the limit from time to time. After initial offer, normally they offer in whole lump sums where you can whatever left unit until the fund is fully subscribed within race quota. Let me give you an example, please download annual report as shown below and go for page 2, unit holder section (pegangan unit).


Info,
http://www.asnb.com.my/ASW2020_AnnualReport2012.pdf

Smartinvestor,

As an average investors, it is impossible to know when they will announce the next additional fixed price subscription. Even they know it, it is considered private and confidential matter, anyone violent companies rules normally will be suspended from their duties. the worst case is being sues because they're not protecting the company matter for disclosure. Does it make sense. They have ASB, which have no limits, they do not need so much money from poll investors other than bumiputera since the fund already reach 96 billion and increasing rapidly due to ASB loan. At the moment, I see government more focus on their other company for with public offering, such as Government Linked Companies, bonds and oversea investments. Even it going to announce, it will be selling like a hot cake, banks will be full of customer where they intend to invest their money into fixed funds because exit for these investment is consider low risk for them.

GGSC27,

You may sell it off at any PNB counter, or through counter in maybank, rhb, cimb or pos office malaysia nationwide. there are no redemption charge or cooling-off period. Just simply walk in, and you will get your money in a matter of time. yes, you should bring your passbook as it is compulsory, to update your deposit or withdrawal for easing future transaction.

Wintersun,

Definition of "kadar pengagihan pendapatan" is a distribution unit in term of dividend to benefit investors , the income distribution is based on the unit held on 30 November 2012 which will be reinvested in units automatically into the investor account based on the net asset value on the same day. Eg, a income distribution is 6.30 sen for amanah saham malaysia. "Jumlah pulangan" is the percentage change and return overall for the fund itself within a year period or overall, usually will be written in the yearly annual report, it calculated the NAV with the ending net asset value adjusted to the account and reinvested for all dividend let say there are no sell off unit at the period, that including capital gain distribution made by the fund after deduct expense and fees. it can be explain in cumulative basis and average annual return rate. you should evaluate based on the "jumlah pulangan" which count by the day you bought the price of net asset value.

Wintersun,

"Jumlah pulangan" is calculated based on the capital growth and income distribution of the year, it varies each year, the capital growth increase or decrease due to the fluctuation of net asset value, which change daily, that's the reason you will be expose to possibility of gain or loss due to the movement when you buy net asset value, it a past performance where it already reinvested after deducting expenses depend the fund performance. income distribution is calculated by taking your principle amount, whatever amount on last year will be enjoy full interest while within 12 month will be pro-rated by calculated net asset value price. is this correct.

This post has been edited by adolph: Feb 18 2013, 11:20 AM

wintersun,

I already answered this previously, it will be pro-rated. It seem you are not really understand.

Wintersun,

For an ordinary investor, you may just go to the main website such as below. for the unit trust investment, fees and etc. you may just use your search engine, and there will be a tons of knowledge that can be learn. you should understand fully for your variable unit trust fund first before invest on it, because it not a fixed funds, not blindly follow and listen from the crowds especially some agents, just because their past performance return is higher. if you don't know what you're doing, then it consider gamble for the lucks.

Info,
http://www.asnb.com.my/transaction.htm

This post has been edited by adolph: Feb 18 2013, 12:46 PM

Wintersun,

For better explanation and understanding, you may exchange the service charge to risks. therefore, you will be expose to 5% risk from the current net asset value due to the sales charge, reason such as high sales charge, management fees and high expense ratio is the one of the reason why do people lose money in mutual fund. If possible, only buy mutual fund with lowest expense ratio or during promotion period for maximum returns except the fund, predicted to be a good performance fund under your rational surveillance. Let me give you an example, please use this method to calculate the amount of units, if you invest $1000 into a Amanah Saham Didikk (ASG) with 5% sales charge, the calculation will be as follow,

Amount invested is $1,000 /1.05 (sales charge) = $952.380
$952.380 / 1.1015 (net asset value) = 864.62 units

The total 864.62 units is units you just bought for investment purpose from your initial $1,000 ringgit malaysia which exchange to units. you have two way to earn from this fund, namely capital gain/appreciation and income distribution. with this investment, you will be expose to possibility to gain or losses due to the net asset value, it may increase or decrease depend on the fund performance.

This post has been edited by adolph: Feb 18 2013, 09:16 PM

Wintersun,

If you have zero knowledge, please gain more knowledge, your risk only can be reduce by knowing what you're doing. whether you like it or not, if you do not know what you're doing. At the end, you will lose everything by just gamble your lucks. whether fund make money or not, the company still earn their money in their pocket, fund manager keep their money at their balance, who gonna lose everything ? the answer is you, yourselves because you depend other people for such return. that is why i do not invest in such a bowl, because i have no control but the company itself.

This post has been edited by adolph: Feb 23 2013, 05:15 PM

Solsekuin44,

please read this section, all of your information will be listed on this section.

"Firstly, you have to check for the balance of the deceased account, you can apply letter of administration for the deceased.

*High Court Civil (Malaysian wide) or
*High Court Sabah/ Mahkamah Anak Negeri Sabah/ Syariah Court Sabah (Sabah only) or
*High Court Sarawak/Mahkamah Anak Negeri Sarawak (Sarawak only) or
*Pejabat Tanah dan Daerah (If the deceased has land property) or;
*AmanahRaya Berhad

1# Transfer of units. The deceased investment units will be transferred to the beneficiary account as additional units. For this facility, the beneficiary must be a unit holder of the funds.

2# There are no time limit to claim from the deceased account. The deceased’s account will still active and entitle for the income distribution (if any) until the claim made by the beneficiary.

Info,
http://www.asnb.com.my/english/claim.htm

Todak,

For better compounding interest effect, you may select asb as your fund choices due to limitation and better rate for future to take place. Yes, you should aggregate a fund to your kid for their future.

Solsekuin44,

A will is not a compulsory, distribution of units to other account still will be given.

Doraemonkiller,

It a very simple, invest something that will provide you a steady income distribution preferably yearly or half yearly rather than in liabilities, just make a comparing which one will give a positive net worth, then choose for it. Please bear in mind, you have to understand the investment behind it, or failed to do so, will be a disadvantages.

Foolc,

Whether Indian or Chinese, they still be able to buy units if any existing unit holders sell off their unit for such redemption, AS1M fund is a newest fund and compare with other funds, this fund have better chance to top up extra units, but for opening such account, it is not easy.

Fookeesan,


At the moment, all fund under Pemodalan Nasional Berhad (PNB) is not taxable nor it will be taxed, it is exempted from taxes.

Firee818,

At the moment, they have waived the 1% sales charge but will be update at time basis without your prior notice. that's included yearly management fees, so please make sure to check it from time to time.

Wintersun,

This is to make sure they can calculate accurately especially dividend distributions to shareholders, if they don't shut down for deposit temporary, it will causes delay because funds is in billions, and not millions, a dividend distribution such as 7.10 per unit is better than last year, a 10 point increment compare last year for one of the three funds, dividend distribution is calculated 0.0710 and pro-rated for remaining months.

This post has been edited by adolph: Mar 21 2013, 11:46 PM

Wintersun,

I'm members and bankers from RHB groups. so, you should know where i get the answer already.

This post has been edited by adolph: Mar 22 2013, 10:22 PM