Oh, I'm just reach 22 year old too. Guess my life and experience is more harder.

Good to hear.

Info,

http://www.maybank2u.com.my/mbb_info/m2u/p...tment#537000446

Like that de lo..
Bank always charge this and that.
Nowadays, even ATM machine has it own limitation for withdrawal per months to some bank.


It almost several years, ASNB never announced a new fund to the public, except Sara 1Malaysia, which is for household only. But still, the fund is invested into AS 1Malaysia.

Hopefully they will launch a new fund

This post has been edited by adolph: Oct 23 2012, 05:57 PM

+ 1

Based on the info, they're same.
Both have the same services via online banking.
This including 24 hour hours a day, and minimum amount invested is $1.00

Currently, both of them still charge $1.00 service fees regarding successful or unsuccessful, service charge is non-refundable. And, you still can't view your ASB account neither two of these bank, currently still not applicable.

This post has been edited by adolph: Oct 29 2012, 09:58 AM

Temporarily, you can only check your current ASB account or withdraw it through bank branches, ASNB offices or ASNB agents only.

If i were you, I will max out my ASB through financing loans and enjoy the compounding returns and focus on other investment.

This post has been edited by adolph: Oct 29 2012, 10:07 AM

I'm not really sure about that, I can't enjoy ASB because I'm non-bumi and not wish to give an opinion that I don't have knowledge on it. The early you invest, the early you will enjoy compounding return.
I guess you know the meaning of compounding, right. Take advantage of the ASB loan available, to achieve compounding return.

One thing is sure, ASB loan only can fully withdraw after 25 year to get the principle amount, let say you took ASB loan for 25 year or through personal loan, which can withdraw at anytime but the return from ASB must be 7% - 8% average to enjoy the interest. No worry, ASB always give persistent return on the past, but no guarantee in the future.

Example of past ASB dividend return,
http://1-million-dollar-blog.com/dividends...ham-bumiputera/

However, this question has similar thread, please refer more.
http://forum.lowyat.net/topic/667676/all
http://abcmoneywise.blogspot.com/2010/03/a...t-worth-it.html

It should be goes,
ASB dividend return should be higher than loan repayment interest, then you will earn. if in the unnecessarily moment, don't withdraw the interest you earned so that it will be re-invest and accumulate. Correct me If i'm wrong.

This post has been edited by adolph: Oct 29 2012, 11:14 AM

Did i say no hidden? or you add it yourself?
For ASB loan financing, you don't have to paid all the year for loan repayment. but still better than investing my money into excessive sales charge fund, that's not my cup of tea. I'm pretty sure not all of them are stupid, to get loan that unable to paid later.

Just forgot there is a small charge impose not more than 1% of management fee and trustee fees.

Info,
http://www.asnb.com.my/english/ASB%20n%20ASN.pdf

This post has been edited by adolph: Oct 29 2012, 05:09 PM

Firstly , you need to say your races, because this company limit quota of percentage to certain races.
If you're Bumi, likelihood of top up will be successful.
At the moment, ASM (for all Malaysian), ASW 2020 (Bumi and Non Bumi) and AS 1Malaysia (for Chinese, Indian and Others) unit allocations have been fully subscribed.

Add unit is depend on on any existing unit holders withdrawal. any existing withdrawal always fully subscribed in just a moment.

This post has been edited by adolph: Nov 1 2012, 08:42 PM

Nobody force you to join this scheme, if you don't like it, go ahead. go invest in your mutual fund company. and you could stop promoting your mutual fund. Your smell is so obvious, this topic only for PNB fund. This is not your first time keep telling people in this thread about PNB return smell curious, unable to paid the loan, and etc that not about this thread.
Please read the topic of this forum before starts your words, if you telling this in the fixed deposit thread, you posted something familiar to this, I'm sure people will against you.

If you want to start your private companies investment, go make a new topic or fund investment corner.
This topic only for PNB fund exclusively.

This post has been edited by adolph: Nov 2 2012, 09:27 AM

The way i say mutual fund is bad and evil? there is no term such as mutual fund is bad, more technically. I do not invest in mutual fund which an excessive sales charge is imposed doesn't mean it a bad. Am i right?

And you can stop promote your fund privately to me or anything related in my message. Please read back your previous comment from the start you enter into this room, all your thread have a link that, if you think PNB is not worth to queue. then, please go ahead with any private companies fund, other than PNB, please behave and don't say anything outside than PNB, this thread only opened for PNB. such as, invest in public companies, taking loan and etc. The moment, you talk your fund with me, you shown that you're new to your mutual fund companies, probably you could not felt that.

Can you point out, just check your previous comment. which is people think of it, is totally invalid for PNB funds. you still don't understand, isn't. Please next time. anything not related, do not talk "crap" about it. other than that, I'm sure everyone is welcome about it. If you have any question, and would like to stop the public from looking for PNB fund and invest in private company, go make your own topic, i seem that your thread is not even about PNB, only negative as usual. I understood that investment come with pro and cons. but it seem, that you probably not investing about this fund, since you never talk about it rather than other funds outside PNB.

Your suggestion is totally not helpful, we are focusing on PNB fund, not anything not related to PNB, if you think putting money inside PNB is wrong, then go ahead put your money in other funds. can you show me which thread reply is about PNB from the first time? not even one of it.

We're sharing information, what you mean about contribution. nobody cared, we're here for exchanging information about certain topic regard our personal view. other than that, please take it out or talk it in other topic.

This post has been edited by adolph: Nov 2 2012, 01:16 PM

then, glad.
Hope no more topic that consider not about this thread. i do not see what question you want to ask, since you never write anything rather than replied. then, i consider you know about it. normally, i provide information regarding to some statues.

Rude? how about your reply, I thought you're understood about what you're trying to do and will not do it again. but again and again, seem nothing. i'm not replying doesn't anything. yes, i understood that not all bankers or agents are bad, and some are really smart. but of course, not all of them. asking public to live belong their mean and live happily forever, not expand their means. don't wrong me, I'm also a salesman, i do not hate salesman, just some of them used wrong way to convey message.
I'm really welcomed anything about PNB, or proper way, as long it stay inside this topic.

I'm not agent for PNB fund. so, just sharing personal info, but right now. all non-bumi is full, if you're born sarawak or sabah, mix with other race, then it applicable and eligible to invest such as Amanah Saham Bumiputera ( ASB), ASD and other funds.

I will updated any information in the future, if i received any internal info.

This post has been edited by adolph: Nov 2 2012, 03:32 PM

Hi frontierzone,

Bank normally do not wish to try for you after met you several times, not mentioned about trying it everyday. I'm sure they will shout at you if you go to their bank each days. Pos Office is the fastest way since queue will not take too long usually. It is better to top up via online services.
If want the best services, should go to PNB branch, i tried that before. even the counter officer told me it out of units, but they still tried to register each of these account for me to try luck that I don't have, each account, re-key my info which included full address.

That's my opinion.

This post has been edited by adolph: Nov 5 2012, 01:54 PM

Yup, the counter officer told me between all the fund for non-bumi, only AS1Malaysia which is the easiest fund to top up at the moment, but still full. Internet banking facility is available to all funds, but subjected to fund limitation. Wah, you want top up $10,000 above? you mentioned large cash, but kinda hard to top up with that amount since it already full quota, hopefully you're lucky



http://www.asnb.com.my/english/ebanking.htm

This post has been edited by adolph: Nov 5 2012, 04:37 PM

not really "tebal" also if you use fiat paper RM50 notes.
Then, can try to ask whether they accept cheque, more easy to carry.
Yaya, can try. the more early, the more powerful the compounding interest will take place, even you invest today, put a large amount of it and do not invest after few year, with re-invest dividend, it will grow larger.

This post has been edited by adolph: Nov 5 2012, 05:05 PM

Yup,

How much you bought NAV per unit at that time?
Based on the chart, the price per unit increase a lot if compare the time when it launched

This post has been edited by adolph: Nov 6 2012, 12:56 AM

Wah, so long already, do you mean the commencement date ?
But 5% sales charge still imposed when you top up each time, compare with other funds, 0% sales is not imposed. but the return is good, no worry
Hope the return for this fund will be high, but from my opinion. the dividend this year should be more than 6.5%.
This fund also heavily invested in equity market.

Because the fund NAV per unit is variable, still not fully subscribed until today. once bought at least almost more than one year to accumulate return since each unit will be imposed 5% sales charge, let say on the first year, return only 5.50% per unit.
Fund manager has the right to imposed another 1.5% subjected to board of director agreement, probably reduced another 0.5% which equal to 1.0% fund management fees.

The number of investor for last year only reach 11,500 members with fund $125 million approximately, not even half of the members hold more than $10,000 above, that exactly 2,476 member in numbers.

If compare AS1M fund, which began on year 2009, the total investor almost reach 271,000 members, 89,158 of them hold more than $10,000, 895 of these members hold at least $500,000 in these fund, which projected a fund of $5.5 billion on last year, but the total fund is 14.0 billion units, guess other race quota still available.

And, probably majority of them feel worry about the price per fund, in case it drop to 0.50 per NAV rather than increasing, just like the case such as Amanah Saham Sabah, the fund already lose half of it value since commencement.



This post has been edited by adolph: Nov 6 2012, 11:32 AM

Probably, these info derived from annual report AS1M.
Including other minority that not listed other than Malay, Chinese and Indian.
As stated, 50% Bumi (5 billion), 30% Chinese (3 billion) and 15% Indian (1.5 billion), while other remain for minority races (500 million).
The reason the fund size is 14 billion because of re-invest dividend, the right amount is 10 billion. However, PNB still not released their annual report year 2012, the remaining amount should be left 2 to 3 billions, since Indian quota just full on this year.

http://www.humanrightspartymalaysia.com/wp...anahh-Saham.jpg

This post has been edited by adolph: Nov 6 2012, 01:47 PM

When subscription is available, mean when existing holder sell off their units, then you're eligible. In such case, I do not recommend you to go bank, most likely they will not open an account for you nor even bother to check these units, they need to key in all your info then will know the result, simply check via their system is not applicable.


Or simply wait Pemodalan Nasional Berhad announce fund size increment in billion, these news can be found through newspaper but likelihood, the percentage is low and rare.
Another option would be wait till dividend declare once per year, then rush into the banks to try luck, a number of existing holders will withdraw their dividend to enjoy the fruitful result, but still the ratio is low.

If want the simply way, covert yourself to islam then you will be eligible such as Amanah saham bumiputera (ASB) and Amanah Saham Didik (ASD).

---

Added on November 7, 2012, 4:10 pmBy the way, I saw your tagged, Sarawak.
if you're born mix, neither your father or mother, the likelihood to invest in the best Amanah Saham Bumiputera (ASB) is eligible and such case can be consider.

Just make sure, you take a photocopy of your father, mother or birth certificate as a proof.

This post has been edited by adolph: Nov 7 2012, 04:10 PM