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

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[Ancient]-XinG-
post Aug 19 2013, 01:17 PM

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QUOTE(wil-i-am @ Aug 19 2013, 11:34 AM)
I understand right now no new investment is allow (even though RM1.00)
But my Question is not answer yet
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zzz

they won't increase fund size unless they announce it. the reason that the fund size increase by year is that the dividen paid, but not the announced increment... If not mistaken. Because i noticed the increasing of ASM too, but no new investment allowed...
lucifah
post Aug 19 2013, 01:18 PM

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QUOTE(Ancient-XinG- @ Aug 19 2013, 08:46 AM)
basically the lowest hit for all product is 5.00% for the past 10 years, any lower than 5 %?
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anything lower than the current BLR will hurt many people
wil-i-am
post Aug 19 2013, 01:37 PM

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Predict ASNB will issue a Supplementary Prospectus (SP) by dis month
The SP will be posted in their website
In d SP, one of the agenda should be d increase in approved fund size for ASW2020 from 16.615 bil units to xx.xxx bil units
The rationale for d increase is to cater for d eventual units in circulation (after Div on 1/9/2013) as d current approved fund size is not enuf if ASNB declare Dividend of 6.60% (assume same as Yr 2012)
hyelbaine
post Aug 19 2013, 03:35 PM

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QUOTE(wil-i-am @ Aug 19 2013, 01:37 PM)
Predict ASNB will issue a Supplementary Prospectus (SP) by dis month
The SP will be posted in their website
In d SP, one of the agenda should be d increase in approved fund size for ASW2020 from 16.615 bil units to xx.xxx bil units
The rationale for d increase is to cater for d eventual units in circulation (after Div on 1/9/2013) as d current approved fund size is not enuf if ASNB declare Dividend of 6.60% (assume same as Yr 2012)
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Or if the securities commission rejects such a proposal, they could just easily pay dividends in cash. I believe the final say for any expansion and/or new fixed priced funds will be by the regulators SC.
davinz18
post Aug 19 2013, 03:58 PM

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QUOTE(wil-i-am @ Aug 19 2013, 10:46 AM)
Extract from ASNB latest master prospectus for ASW2020:-

Approved fund size : 16.615 bil units
In circulation : 15.85 bil unit

Assume they declare 6.80% dividend, a total of 1.07 bil units must be issue
Add to existing in circulation = 16.9278 bil units, alredy exceeds approved fund size

Did ASNB announce d increase in approved fund size for ASW2020?
Otherwise they need to declare 4.82% dividend in order not to xceed approved fund size
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QUOTE(wil-i-am @ Aug 19 2013, 01:37 PM)
Predict ASNB will issue a Supplementary Prospectus (SP) by dis month
The SP will be posted in their website
In d SP, one of the agenda should be d increase in approved fund size for ASW2020 from 16.615 bil units to xx.xxx bil units
The rationale for d increase is to cater for d eventual units in circulation (after Div on 1/9/2013) as d current approved fund size is not enuf if ASNB declare Dividend of 6.60% (assume same as Yr 2012)
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You worried too much. Just chill. If not reinvestment as new units, cheque would be given to unit-holders (chance are VERY LOW for this method)
davinz18
post Aug 19 2013, 04:09 PM

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QUOTE(lucifah @ Aug 19 2013, 01:18 PM)
anything lower than the current BLR will hurt many people
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from my observation, the fixed price fund pays min 6sen p.a while those variable price fund pays min 5sen p.a

among all fixed priced fund, ASB gives the highest rate
wil-i-am
post Aug 19 2013, 05:07 PM

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I know d non-Bumi funds for ASW2020, ASM n AS1M have been fully subscribed
Did anyone manage to top up non-Bumi ASW2020, ASM n AS1M via maybank2u.com (try luck in case someone withdraw)?
lucifah
post Aug 19 2013, 05:12 PM

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QUOTE(wil-i-am @ Aug 19 2013, 05:07 PM)
I know d non-Bumi funds for ASW2020, ASM n AS1M have been fully subscribed
Did anyone manage to top up non-Bumi ASW2020, ASM n AS1M via maybank2u.com (try luck in case someone withdraw)?
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there is no option to do so. only AS1M and ASB are available from the dropdown menu.

same goes to CIMBclicks
davinz18
post Aug 19 2013, 05:20 PM

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QUOTE(wil-i-am @ Aug 19 2013, 05:07 PM)
I know d non-Bumi funds for ASW2020, ASM n AS1M have been fully subscribed
Did anyone manage to top up non-Bumi ASW2020, ASM n AS1M via maybank2u.com (try luck in case someone withdraw)?
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You can go personally to PM or ASNB branch all over Malaysia to "try & error", just forget about the online thing because it already stated in their website the fund is fully subscribe (as lucifah told "only AS1M and ASB are available from the dropdown menu")

p/s: if you read previous pages post, got people managed to get ASW & AS1M units (non-bumi).

This post has been edited by davinz18: Aug 19 2013, 05:22 PM
[Ancient]-XinG-
post Aug 19 2013, 09:12 PM

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QUOTE(davinz18 @ Aug 19 2013, 05:20 PM)
You can go personally to PM or ASNB branch all over Malaysia to "try & error", just forget about the online thing because it already stated in their website the fund is fully subscribe (as lucifah told "only AS1M and ASB are available from the dropdown menu")

p/s: if you read previous pages post, got people managed to get ASW & AS1M units (non-bumi).
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Me and you also got brows.gif
wil-i-am
post Aug 19 2013, 09:30 PM

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QUOTE(Ancient-XinG- @ Aug 19 2013, 09:12 PM)
Me and you also got brows.gif
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U r so lucky
Whenever I ask, they said finish cry.gif

500Kmission
post Aug 19 2013, 11:40 PM

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QUOTE(Ancient-XinG- @ Aug 19 2013, 09:12 PM)
Me and you also got brows.gif
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wa..., cant believe you have managed to get ASW, can you teach what method you have used? just go ASNB? how many time you go?
[Ancient]-XinG-
post Aug 20 2013, 07:51 AM

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QUOTE(500Kmission @ Aug 19 2013, 11:40 PM)
wa..., cant believe you have managed to get ASW, can you teach what method you have used? just go ASNB? how many time you go?
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I got is ASM...

U working? If yes, than very hard.... because now I free, so line open (0915) i ad in post office. Try and try only... normally will got 50-100MYR per day if lucky....
wil-i-am
post Aug 20 2013, 09:15 AM

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QUOTE(Ancient-XinG- @ Aug 20 2013, 07:51 AM)
I got is ASM...

U working? If yes, than very hard.... because now I free, so line open (0915) i ad in post office. Try and try only... normally will got 50-100MYR per day if lucky....
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U stay hold day at POS?
navink
post Aug 20 2013, 09:23 AM

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QUOTE(500Kmission @ Aug 19 2013, 11:40 PM)
wa..., cant believe you have managed to get ASW, can you teach what method you have used? just go ASNB? how many time you go?
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no method but it is pure luck.. another way of topping up money is the day or the day after they declare the dividend. for sure got people withdraw their dividend money.
wil-i-am
post Aug 20 2013, 09:45 AM

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QUOTE(navink @ Aug 20 2013, 09:23 AM)
no method but it is pure luck.. another way of topping up money is the day or the day after they declare the dividend. for sure got people withdraw their dividend money.
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R u going on 2/9/2013 to update ASW2020 passbook for Dividend + Top up?
navink
post Aug 20 2013, 10:44 AM

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QUOTE(wil-i-am @ Aug 20 2013, 09:45 AM)
R u going on 2/9/2013 to update ASW2020 passbook for Dividend + Top up?
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will ask my father to update it.. as he got few account with ASNB.. AS1M, ASW2020..
lucifah
post Aug 20 2013, 10:45 AM

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latest update this morning: ASW2020 bumiputra quota is almost depleted. I tried 50k and failed. first time after so many yrs not able to deposit that amount. tried 40k, 30k. eventually can only put in 20k...

» Click to show Spoiler - click again to hide... «


now i'm scattering to check AS1M funds availability.

This post has been edited by lucifah: Aug 20 2013, 10:46 AM
wil-i-am
post Aug 20 2013, 10:47 AM

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QUOTE(navink @ Aug 20 2013, 10:44 AM)
will ask my father to update it.. as he got few account with ASNB.. AS1M, ASW2020..
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Previously 3rd party can buy/update for u
Now 3rd party no more. Unless, u sign a specific form giving authorization to 3rd party
Very mah fan
navink
post Aug 20 2013, 10:50 AM

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QUOTE(wil-i-am @ Aug 20 2013, 10:47 AM)
Previously 3rd party can buy/update for u
Now 3rd party no more. Unless, u sign a specific form giving authorization to 3rd party
Very mah fan
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what i mean is i don't have any ASW2020 account. I only have ASB account. My father got ASW2020 account.


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