meanwhile ASB is immune to political turmoils...

Year Dividend (sen) Bonus (sen) Total (sen)
1990 8.00 6.00 14.00
1991 8.50 4.00 12.50
1992 7.50 5.00 12.50
1993 9.00 4.50 13.50
1994 9.50 4.50 14.00
1995 10.00 3.00 13.00
1996 10.25 3.00 13.25
1997 10.25 1.25 11.50
1998 8.00 2.50 10.50
1999 8.50 1.50 10.00
2000 9.75 2.00 11.75
2001 7.00 3.00 10.00
2002 7.00 2.00 9.00
2003 7.25 2.00 9.25
2004 7.25 2.00 9.25
2005 7.25 1.75 9.00
2006 7.30 1.25 8.55
2007 8.00 1.00 9.00
2008 7.00 1.75 8.75
2009 7.30 1.25 8.55
2010 7.50 1.25 8.75
2011 7.65 1.15 8.80
2012 7.75 1.15 8.90

Yes, there is.

So they "upgrading & changing" the ASG passbook & account, just like previous ASN3. They change the ASN3 passbook & gave new account number for all unit-holders.

taking how long for the ASN3 last time?

this is like a month already.

I can't remember how long, maybe few months

bery slow @@

it was few years back when they did for asn3, maybe now faster (noways technology more advance mah)

It's good indication, means SC already approve increased fund size for dividend reinvestment purpose

Amanah Mutual launches 2 funds worth RM550m

Amanah Mutual Bhd (AMB), a wholly-owned subsidiary of Amanah Saham Nasional Bhd (ASNB), which in turn is a wholly-owned unit of Permodalan Nasional Bhd (PNB), launched its multi-class series of AMB Value Trust Fund (AMBVTF) and AMB Dana Arif (AMBDA) worth RM550 million.

The launch of AMBVTF involved two multi-class series in US dollar-denominated for retail investor (AMBVTF B-USD) as well as institutional investor (AMBVTF C-USD) and one multi-class in ringgit for corporate institution (AMBVTF C-MYR).

AMBDA also launched one multi-class in ringgit-denominated for institutional investors (AMBDA C-MYR).

"These four multi-class series can be subscribed by Malaysians as well as foreigners residing in Malaysia," said PNB chairman cum AMB chairman Tun Ahmad Sarji Abdul Hamid.

"The multi-class is an innovative structure that gives AMB the flexibility to design funds that better meet the varying needs and preferences of different investors, in terms of the fees and charges imposed, the currency in which it is denominated, the distribution policy and simultaneously helps to broaden market reach," he told reporters after launching the funds here today.

The classes introduced can be denominated in different currencies, therefore investors holding foreign currencies can now invest directly in a class of units denominated in that foreign currency without first having to convert their funds into ringgit.

AMBVTF is a capital growth fund launched in 2003 and its objective is to provide investors with capital growth through investments in securities while minimising the risk in the medium to long term.

AMBVTF provides investors with an alternative approach when investing in equity markets.

Meanwhile, AMBDA is a bond fund launched in 2004 with the objective of providing a steady appreciation of the net asset value with a regular flow of income to investors through investments in debt securities that are permissible under syariah principles.


http://www.ambmutual.com.my/

Good news for existing holders. Can continue to enjoy 'compounding' effect

Wat is d rationale they change the passbook?

Agreed but their corporate governance is very poor

what is this about @@ i can't understand

I don't know. What I know they did same thing with asn3, New passbook & account number

Very simple. If you have doubt about the business / investment practices, don't invest. No one forcing anyone to invest

it's for the more "advance" investors. The risk is higher

Doubt = No
The info in website is not consistent with d info in Prospectus

I can't say much.

If you really want the answer, do e-mail ASNB for clarification. If you get a proper explanation, do please post here for everyone reference

Say, is the AS1M for non-Bumi closed like forever? I opened with RM1k 2 years ago and was never able to add to that due to quota filled.

Walked into Maybank 3 times since, always get turned away. Kinda pissed off lol

LOL better don't la.

emailed 1 month ago, never got reply.

Once I got email them last year regarding the fixed price fund, asking them to add more new units for subscription. I got the "standard" reply "units sold out, if anyone withdraws then some are units available"

(they reply after few weeks )