Maybe they know someone there. "good connection to try"

as1m no limit like asb RM200k right?

Popice2u,

Yes, no limit for AS1M. please check the website because it all basic information that you can found by simply understand the website for a little while.

Info,
http://www.asnb.com.my/as1msia.htm

for as1m

Tiada had pelaburan maksimum dikenakan kepada pelabur AS 1Malaysia. Walaubagaimanapun, di dalam tempoh tawaran permulaan, had pelaburan maksimum sebanyak 50,000 unit akan dikenakan bagi setiap pelabur yang berumur 55 tahun dan ke bawah manakala pelabur yang berumur melebihi 55 tahun akan dikenakan had pelaburan maksimum sebanyak 100,000 unit. Pengurus juga mempunyai budibicara untuk mengenakan sebarang had pelaburan maksimum pada sebarang tempoh yang lain.

Dear si fu and taiko here...

Anyone can share information about the ASG - Amanah Saham Gemilang (Pendidikan, Kesihatan and Persaraan)?

What is the different compare to the normal AS1M, ASW2020 etc.? Pros and Cons?

http://www.asnb.com.my/asg.htm

This post has been edited by KOHTT: Jun 10 2013, 10:00 PM

KOHTT,

Please refer to the main webpage that given, what you can see from daily Net Asset Value (NAV), that's the different. the price is fluactuate and change daily on working days, it mean possible to earn more return compare to fixed funds whether the variable funds will raise above value more than $1.00 or drop below value, while sales charge impose for variable funds for every unit purchase successfully between 2% to maximum 5% sales charge per units. For fixed funds, it will fixed and income only be given on distribution yield but not capital appreciation for unit values. Most of the investors who invest in amanah saham are passive investors, they wish to get steady return in the form of fixed funds because they think it like a fixed deposit.

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

This post has been edited by adolph: Jun 10 2013, 10:24 PM

Thanks for info. That's very helpful ...I just received my ASM allocation statement via post today and they attached brochure on ASG together.

Will find out more and post it here know if I need more info.

ASG has no different than other unit trust that offered by private mutual fund company. i.e. variable price, u may get capital gain and income distribution.

The good thing is ASG is having promotion of 2% sales charge.

Yeap...I just opened my as1m account....but can deposit onky 100 ringgit.....but at the same time I opened asg pendidikan and still able to deposit....unit value 1.12....

Where can I find historical charts for ASG funds? I couldn't find them in ASNB websites. thanks.

Good for you

welcome to the club

Refer to the following page:

http://www.asnb.com.my/english/asg.htm and click on the ASG annual report 2013, page 10 to 11.

Haven't look into the detail yet but looks like their return (pulangan) is very much similar on the stock market performance...

MGM,

Your historical chart for past dividend performance since commencement date till today.

Info,
http://1-million-dollar-blog.com/dividends...saham-gemilang/

adolph, you lseem to know ASG quite well, are you one of the investor?

I have the following questions:


1) 2% sales charges is applicable each time we sales and purchase? So a total of 4% if we buy and then sell later?

2) Do you have the historical chart for the NAV?

3) Is it better to invest when the stock market is crash? Such as in year 2009? That's the time when the NAV is at the lowest point?

4) Which one would you recommend, Pendidikan, Persaraan or Kesihatan?

Other sifu can also contribute...

TQ

KOHTT,

1# The sale charges only applicable during purchasing units, Net Asset Value are varies each days depending the fund movement. However, there are no sales imposed when selling off the units.
2# You can get the historical charts for Net Asset Value (NAV) when you do a visit to any PNB branches, if still have stocks. However, it usually be given last 5 year historical charts in the form of flyers.
3# You can download the annual report if you know how to read a financial report, price drop below value doesn't the stocks is expensive, price goes above value also doesn't mean it expensive, the key is the returns per units, same applied to unit trust. However, it only one of the criteria out of many.
4# The highest return between all funds are ASG-Sara on annualized return within five years. I do not recommend which funds to invest, because I don't give comment on which fund should invest, as it considered advice.

Info,
http://www.asnb.com.my/annualreport/ASG%20Annual%202013.pdf

Adolph,

U seems very helpful in this thread. I have one question. I notice the following and need u o clarify:-

For ASNB's variable price product, there is a NAV price update every morning, so if let say the investor invest RM1000 in ASG, they will know exactly how many units they can buy on the spot.

Unlike the private mutual funds, we won't know how many units we can buy with RM1000 until the following day, as it is based on the closing price of the day we invest.

Pls enlighten me on the above

Cheahcw2003,

I'm understand regarding your concern but I'm not heavily invest in mutual funds because it is out of my bucket. So, I'm not sure for other mutual funds company. Yes, I will know how many remaining units that I uphold once i purchase units as well the charge that imposed during purchasing units by simple calculation. Let take your example,

ASG-Didik : 1.0988 NAV
Invest amount : RM 1,000

Simple Calculation,
RM1,000 / 1.02 = RM 980.39
Rm 980.39 / 1.0988 NAV = 892.23 units in total

For every RM 1,000 invested amounts, you will received 892.23 units in your investment and RM 19.61 is the grand total charge. Once you do an investment, you can still refer to receipt "Pelaburan Tambahan" with computer generated. please apply the calculation as above and you will see it will display a same amounts and method.

For additional units from dividend yield, if you uphold 1,000 units and the fund declared 7.00 sen per units. you will get 70 units additional by calculation as follow,
1,000 units x 0.070 = 70 units for your investment portfolio

This post has been edited by adolph: Jun 12 2013, 10:31 PM

I've been following this thread for an awfully long time and I'd like to share my 2 cents worth on those waiting on the PNB's next fixed priced fund...

Personally, I don't think they will launch another one. Even if they would like to, the authorities wouldn't like it too much. PNB/ASNB's AUM is now in the billions and represents a huge chunk of our equity stock market. Mind you, some would deem them as a shadow bank because of their size.

And it is due to this very reason why the regulators would somewhat frown upon them if they were to launch another fixed priced fund. Imagine if its customers were to do massive withdrawal ( a run ) due to one of many potential reasons (economic crisis, political unrest, etc2..), it would be disastrous for the equity markets. And since fixed priced funds are pegged at RM1 regardless of its actual NAV per unit, it would make things worse. Unlike EPF which also has an equally large impact due to its size of participation in the equity markets, you can't do a run on EPF as the latter's withdrawal is governed by rules and regulations.

The next economic cycle is coming up (1997/98, 2008, 2017/18?) so even if they were allowed to come up with a new fixed priced fund, it wouldn't really be a good idea. They might consider one post 2017/18 if they picked up equities during the anticipated upcoming downturn.

Again personally I doubt that they'll be coming up with another fixed priced fund. They may potentially expand the existing fund sizes but that again would not be "liked" by regulators such as SC and even BNM. Mind you, these fixed priced funds are classified as low risk medium return investments. Chasing yields for it in order to give healthy dividends is not easy.

Just me 2 cents

Thanks for your sharing.