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

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smartinvestor01
post Jun 6 2013, 06:07 PM

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QUOTE(davinz18 @ Jun 6 2013, 05:04 PM)
Non-bumi.

Bumi quota "forever" available, don't need luck biggrin.gif
(as1m only, ASW & ASD bumi quota sold out)
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I thought non bumi can only open new account when there is additional units opened for subscriptions..

I am very surprised...

Does this mean that people (non bumi) can try to request to open account e.g AS1M, ASM, ASW, etc (fixed price product)?

I am really hoping to have such chances, at least when i pass by those asnb agents, i can request to try open account.. thumbup.gif
smartinvestor01
post Jun 7 2013, 08:22 AM

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QUOTE(cheahcw2003 @ Jun 7 2013, 12:34 AM)
if there is available unit, u can open.
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Okay, thanks for the information..

Hopefully can have the chance.. blush.gif
smartinvestor01
post Jun 8 2013, 08:35 AM

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QUOTE(win44 @ Jun 8 2013, 07:22 AM)
Maybank 2u says its sold out for non-bumi.

I love being a minority in Malaysia
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Despite being the minority, we never give up trying to either open account or add in additional units..

Haha... rclxms.gif
smartinvestor01
post Jun 21 2013, 08:26 AM

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QUOTE(ronnie @ Jun 20 2013, 11:21 PM)
Racial Quota applies nationwide.... not bank/branch quota. It's a central system via PNB
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You have to have an account so that you can 'try bank-in' at the ASNB agents counter..

Without the account, you dont even stand a chance to try to bank in.. Sometimes I try over the counter, that the answer will be either non-bumi quota full, or successful transaction..

If you go open account, they will definitely straight away say all units sold out.


smartinvestor01
post Jun 21 2013, 03:39 PM

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QUOTE(suntharram @ Jun 21 2013, 12:10 PM)
Hi bro.....I just got my account opened last week but can deposit 100 only..... the guy in asnb office told me must be lucky to at least open an account....2 days ago I went to Maybank branch and could deposit 6 k.... just in one try..... its actually full already but anyone sells it at the right time we canget it.... anyway I'm new also....
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May I know which account that you have opened? biggrin.gif
smartinvestor01
post Jun 22 2013, 08:19 AM

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QUOTE(silverwave @ Jun 21 2013, 10:52 PM)
So does it mean the account has to be opened way earlier and kept until the quota is available?
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Once you have the account which should be opened earlier, you can try over the counter any time you want..
smartinvestor01
post Jun 24 2013, 07:58 AM

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QUOTE(silverwave @ Jun 23 2013, 11:49 PM)
Alright, is this account shared by all banks (meaning directly from ASNB) or each bank will have their own?
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The account is actually from ASNB and can be opened as the ASNB agents and yes, once you have the account, you can try to bank in ur extra money to those asnb agents..

Provided that there is additional units for subscriptions or you already have the passbook.
smartinvestor01
post Jul 3 2013, 09:08 AM

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QUOTE(davinz18 @ Jul 3 2013, 12:45 AM)
Just looking at old thread V2.  Saw a lot of people commented that AS1M Non-Bumi portion won't be sold out, expected dividend rate only 4%, suspicious why gomen open so many scheme etc. That time a lot of people don't wanna invest.

Now year 2013, AS1M non-bumi portion already sold out. Some people are going to the ASNB offices & banks daily to ask if there's any unit available. No one expected this scheme to be sold out  smile.gif
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Yape, I managed to pump in most of my monies into the AS1M account during the time where everyone is so negative about the fund..

Unfortunately, when the fund first declare the dividend, everyone of the non-bumi rushed in to invest, making it full now..

As for ASW2020, I did not have the account so i dont even have the chance to trial and error at the counter unlike ASM and AS1M which I have the account and can try over the counter..
smartinvestor01
post Jul 4 2013, 08:17 AM

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QUOTE(davinz18 @ Jul 3 2013, 11:07 PM)
Good decision to invest in as1m rclxms.gif
I think as1m already sold out even before the 1st dividend announcement. I think April / May 2010 already sold out hmm.gif

Too bad you don't have ASW. If not mistaken in year 2007 & 2008, ASW2020 opened for additional units.  That's time we need to go early morning. Some people started to Q at 4am  doh.gif
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Yape, i dont have the chance to even open the account... Lol... The last time when they launched the additional for subscription for ASW2020, I reached the post office at about 6am.. Well, by the time i reached there, the queue is already frightening.. Haha...

Some of the people bring their fold-able chair, some bring their coffee, newspaper, performing their morning routines over there outside the post office..

I am hoping to have at least a chance to open the account but the chances are very slim. I even went to the ASNB office to ask whether i can try to bank in to open account, but they tell me that i need to have at least an account to enable me to trial and error to deposit monies into the account. No account, no talk.. blush.gif
smartinvestor01
post Jul 4 2013, 04:17 PM

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QUOTE(navink @ Jul 4 2013, 03:51 PM)
but lucky me.. i hope such cases wont happen to any non-bumi out there. i really kesian them and i hope that they also get the equal quota next time.
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It will be great if there is an equal quota for it next time.
smartinvestor01
post Jul 5 2013, 09:56 AM

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QUOTE(ronnie @ Jul 4 2013, 04:17 PM)
Even the so called Amanah Saham 1Malaysia has Bumiputra quota... how to be 1 Malaysia with racial quota system ?
If the Bumiputera has no money to buy, give other races a chance to prosper.
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Yape.. If you look into the fixed unit trusts funds offered by them, although funds like ASW2020, ASD, ASM, of which the name of the fund shown a bit that those funds are launched to focus on the citizens vision, there are still bumiputera quotas...

This means that the non-bumi are excluded in achieving those visions.. lol..
smartinvestor01
post Jul 7 2013, 01:16 AM

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QUOTE(500Kmission @ Jul 7 2013, 01:03 AM)
Do you all know that ASG is still available for non-bumi?
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For ASG, i dont think the quota will ever be finished for the non bumi as it does not have quota for the allocation.

You can buy anytime.
smartinvestor01
post Jul 8 2013, 02:54 PM

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QUOTE(foolc @ Jul 8 2013, 08:57 AM)
have you tried it?

rm1 rugi is not a problem

as long they allow to try
if go cimb, the malay aunty very un friendly and show sour face dont want to layan
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Yape.. I agree that there are unfriendly service from those tellers at CIMB..

Anyway, i regularly go to one post office.. That officer already knew me the time i enter into the office.. haha...

Now, already no money to try to bank in.. smile.gif


smartinvestor01
post Jul 22 2013, 08:47 AM

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QUOTE(popice2u @ Jul 21 2013, 02:56 PM)
Is Great Eastern Great Wealth Accumulator good compare to ASB?
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I dont think so..

You should take into consideration that insurance savings plan normally comes with protection which would affect your effective rate of return..
smartinvestor01
post Jul 25 2013, 08:15 AM

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QUOTE(davinz18 @ Jul 24 2013, 11:19 PM)

About the rating thing, yes ASNB/PNB don't actually need the rating. Their "Brand Name" already good among Malaysian. Just "open" any fixed price fund, people would be queuing as early 2am just to buy it.
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Totally agree with that... I never heard that ASNB fixed price funds have earned any stars rating, but until today, people are waiting for their opportunities to invest into the fund.

No need star ratings to convince people.. Until today, some of the pensioners who earn their monthly pension from the government are trying to bank in into their ASNB fixed price account with trial and error..

Haha....


smartinvestor01
post Jul 27 2013, 11:00 AM

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QUOTE(Ancient-XinG- @ Jul 27 2013, 06:43 AM)
normal dude. Better than nothing....
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yape, it is better than nothing..

The most frustrated moment is when you are waiting for your turn in the post office, then the person in charge tells you no available unit although they tried to help..
smartinvestor01
post Jul 27 2013, 11:01 AM

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QUOTE(MNet @ Jul 27 2013, 07:24 AM)
they lazy to check that why they say its full
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Yape, most of them are lazy to help to check..

Some of them are showing you a bitter face when you said that you want to try..



smartinvestor01
post Jul 29 2013, 04:34 PM

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If i am able to open a ASB account, i actually don't mind to spend RM1 to deposit my savings into the ASB account via online..

At least I save the hassle, no need to go to the asnb office..

Besides, the bank in should be 100% approved and transacted as long as I don't hit the limit in the account..

But as a non-bumi investor, quite unlucky..

All units are sold out. No chance at all..
smartinvestor01
post Jul 29 2013, 04:40 PM

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QUOTE(davinz18 @ Jul 29 2013, 04:38 PM)
PNB SIF attains maturity on July 5

Permodalan Nasional Bhd Structured Investment Fund (PNB SIF) reached its maturity date on July 5, Amanah Mutual Bhd (AMB) announced today.

AMB will redeem the full invested amount to unit holders based on the last net asset value (NAV) of RM1.1205, said AMB in a statement today.

AMB is subsidiary of Amanah Saham Nasional Bhd (ASNB), while PNB is the ultimate holding of AMB.

"As at June 30, the fund has recorded a total return (5 years) of
29.75 per cent, with an annualised return of 5.35 per cent per annum.
"During the tenure of the fund, PNB SIF has declared income distributions for four years in a row for the year 2009, 2010, 2011 and 2012 and the total distribution was 15.88 sen," AMB said.

PNB SIF, a close-ended fund of a five-year tenure, was launched on May 12, 2008, with a par value of RM1.00. It is a Mixed Asset fund with an investment objective of providing investment opportunities that generate reasonable returns and growth over the tenure of the fund while endeavouring to provide capital
protection to unit holders.

This year, prior to PNB SIF, AMB Dana Aqeel-Capital Protected (AMBDAQ-CP) attained its maturity on May 3.

AMBDAQ-CP Fund of three years recorded a total return of 11.98 per cent since inception with an annualised return of 3.85 per cent as at April 30
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The annualized return is still not as attractive as ASB, ASM, AS1M, ASW2020.. But anyway, still higher than fixed deposit..

Consider not bad la... nod.gif
smartinvestor01
post Aug 1 2013, 11:45 AM

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QUOTE(Ancient-XinG- @ Aug 1 2013, 10:59 AM)
LOL today manage to chip in MYR 50.00 into ASM
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Congrats..

Something is better than nothing..

I can only have money to try out in September, my debts for this few months are tremendously high.. blush.gif



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