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

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wil-i-am
post Aug 20 2013, 11:14 PM

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QUOTE(500Kmission @ Aug 20 2013, 11:08 PM)
yes on open account or on top up only?

Open new account take at least 10-15 minutes - open new account for?
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If u have open an a/c, just top up
If u dun have an a/c, need to register n open a/c first which takes 10-15 min
Then, commit initial investment first or higher
wil-i-am
post Aug 20 2013, 11:25 PM

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QUOTE(500Kmission @ Aug 20 2013, 11:18 PM)
can non-bumi open account?
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Yes, subject to availability of units
Usually ASNB/their agents refuse to entertain
The only time u can open new a/c successfully is when ASNB allocate new units
wil-i-am
post Aug 21 2013, 01:18 PM

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QUOTE(mytaffeta @ Aug 21 2013, 01:14 PM)
ok thanks much..

as AS1M going to distribute dividend on end of next month.. how much the dividend % u think? greater or less than 6.6%?
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If ASNB follows ASM trend, should be 6.80%
wil-i-am
post Aug 21 2013, 01:44 PM

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QUOTE(lucifah @ Aug 21 2013, 01:35 PM)
not necessarily.

ASM history

    2010 – 6.30 sen
    2011 – 6.38 sen
    2012 – 6.50 sen
    2013 – 6.80 sen
AS1M history

2010  6.38
2011  6.50
2012  6.60
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Looks like we can xpect min 6.80% or higher thumbup.gif

wil-i-am
post Aug 21 2013, 02:30 PM

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QUOTE(Ancient-XinG- @ Aug 21 2013, 02:03 PM)
2014 are the year i worried for... don't why got that feeling
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What sort of feeling, sixth sense?
wil-i-am
post Aug 21 2013, 02:57 PM

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QUOTE(Ancient-XinG- @ Aug 21 2013, 02:50 PM)
Maybe history affect.

2008, GE 12

2013, GE 13

we can see thats a dramatically drop in 2009 for all funds....
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What is d segment of income (in %) from inception until 30/9/2012?

wil-i-am
post Aug 21 2013, 04:42 PM

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Xtract from ASNB website

Saiz Tabung ASW2020 : 17.945 bilion unit.

The above unit differs from 16.615 bil unit as per latest Master Prospectus rclxub.gif

wil-i-am
post Aug 22 2013, 09:25 AM

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QUOTE(lucifah @ Aug 21 2013, 05:30 PM)
getting ready to accomodate increase in funds from dividens which will be declared soon
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Good news for existing holders. Can continue to enjoy 'compounding' effect thumbup.gif
wil-i-am
post Aug 22 2013, 09:28 AM

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QUOTE(davinz18 @ Aug 21 2013, 08:45 PM)
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.
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Wat is d rationale they change the passbook?
wil-i-am
post Aug 22 2013, 09:34 AM

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QUOTE(davinz18 @ Aug 21 2013, 10:46 PM)
It's good indication, means SC already approve increased fund size for dividend reinvestment purpose  thumbup.gif
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Agreed but their corporate governance is very poor shakehead.gif

wil-i-am
post Aug 22 2013, 05:25 PM

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QUOTE(davinz18 @ Aug 22 2013, 05:16 PM)
Very simple. If you have doubt about the business / investment practices, don't invest. No one forcing anyone to invest  icon_rolleyes.gif
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Doubt = No
The info in website is not consistent with d info in Prospectus
wil-i-am
post Aug 23 2013, 10:42 AM

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QUOTE(Ancient-XinG- @ Aug 23 2013, 07:25 AM)
yea. that time don't know why a lot of moron. maybe they spread the bad thing about AS1M, but they themselves put in massive money. LOL

and maybe they look at the prospectus saying the fund manager "may" make it having sale charge.

but now, no more units left. HAHAHAHAHAHAHAHA.

however, 1 thing i must say, the risk is still there.
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In d Prospectus, the manager have the right to impose up to 1% sales charge
It is up to d manager whether they want to xercise the rights
wil-i-am
post Aug 23 2013, 10:59 AM

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QUOTE(cheahcw2003 @ Aug 23 2013, 09:32 AM)
Fund size increased exactly by 8%, but I don't think
aSW will declare all 8%, due to:
1) the initial 16.615 bil approved fund size, there are some unsold units hold by fund manager as buffer.
2) unsold bumi units. ( from time to time bumi units are avail for this fund)
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Agreed
Anyway lets hope they declare 7.16% (additional 0.56% as compared to 6.60% in Yr 2012) to coincide with d 56th Merdeka celebration smile.gif

wil-i-am
post Aug 23 2013, 11:54 AM

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QUOTE(Ancient-XinG- @ Aug 23 2013, 11:44 AM)
lets see if the crisis did hit MY or not... if yes, need see 2014, how it dropped...

did you see the post of mine that gave the comparison of year 2007 2008 2009 of ASM, ASW and ASG?
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Of coz I read
Very informative
I'm a subscriber of Chinese proverb : "Chan King Yoong Yow" rclxm9.gif

wil-i-am
post Aug 23 2013, 11:57 AM

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QUOTE(smartinvestor01 @ Aug 23 2013, 11:46 AM)
Well, i am also hoping for a higher dividend to be announced for ASW2020 although I dont have the account for ASW2020..

Because if higher dividend for ASW2020, it also meant higher dividend for my AS1M.. haha....  rclxms.gif
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Agreed
D key word is benchmark
wil-i-am
post Aug 23 2013, 12:19 PM

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ASNB will hold press release next Mon to announce dividend for ASW2020 brows.gif

wil-i-am
post Aug 23 2013, 01:58 PM

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QUOTE(Ancient-XinG- @ Aug 23 2013, 12:59 PM)
take not that 2008 is not even the real hit.... but is effect after GE and slight crisis....

historical dividend on 97/98 can't be obtained excluding ASN, ASB ( earlier existence )... ASB drop .5, however ASN increase 1.0 after 98...

but both of them did drop after 08....

haiz...
BTW, i am chinese too, but how come i don't know what is  Chan King Yoong Yow? Can type it in chinese character ?
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Actually in Cantonese words
Means 'as long as I enjoyed dat moment of time', it doesn't matter whether this will last forever smile.gif

wil-i-am
post Aug 23 2013, 04:12 PM

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QUOTE(davinz18 @ Aug 23 2013, 03:34 PM)
Not every bankers are like that, You're very lucky to have her.

Normally those with "VIP" or "High net individual account holders" would get some special treatment at banks. When the units are open for subscription, they would get their transaction first (even the 1st person in the Q need to wait for some time before transaction would be done). Banks famous Quote for all those waiting in Q "Sistem tergendala sebentar, Network connection problem, Sistem jem"
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Agreed
I encountered dis message when top up for new units of ASW2020 n ASM from 2004 to 2008
wil-i-am
post Aug 23 2013, 04:23 PM

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QUOTE(smartinvestor01 @ Aug 23 2013, 04:11 PM)
I hoped that the next time there will be a new fixed unit trust to be launched again..

Then, if the new unit trust is also perceived to have lower dividend similar to the situation of AS1M, i will again pump me maximum money into the unit trust..

Haha....  nod.gif
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Lets hope they will launch ASM 2 or ASW 2020 or AS1M 2 which is similar to ASN, ASN2 n ASN3 thumbup.gif

wil-i-am
post Aug 23 2013, 04:34 PM

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QUOTE(davinz18 @ Aug 23 2013, 04:24 PM)
When I saw this happening, I was very2 angry, but I couldn't do anything about it. Those involved are those "high profile, VIP, Those big business person". Every one knew them.

Anyway after I encounter this problem, the next "opening" of new units I went to ASNB branch. The branch is much more better than those banks. They got more counters for new acc & top-up. Everyone was happy  smile.gif
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My worst xperience was when d staff @ Banks informed : Sir, I'm very sorry bcoz our systems offline cry.gif and icon_question.gif

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