Yeah, i agreed it is troublesome. But then, that's the process, what to do. Do it regularly, you will enjoy it :-). Meanwhile, I'm enjoying the top up process... :-) Once the amount is topped up, it is forever there and enjoy a > 5% return.

if got a bank few steps away from my house, i could go everyday..

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

Hmm, okay.. go to PNB/post office need to bring large cash amount, don't feel safe. Online services can? I think someone mentioned only AS1M can get through, the rest cannot.

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

depends on hw much savings i have at the moment. maybe few 100 is ok to deposit thr..

This post has been edited by frontierzone: Nov 5 2012, 04:45 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

Watch Out Dividend Paid Out for ASN3... Coming Soon (30 Nov.)

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

$1.00=1 Unit (at YEAR 2001 when their Launching the Fund)
Now, still Top-up at least $500 Every Year....

Hope for Interest of 6.50% on this Year Paid Out...maybe

This post has been edited by fly126: Nov 6 2012, 01:32 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.

Yeah... a Decade already... feel Old now
ASN3 Not Very Laku Compare with Others Fixed Price ASNB Funds...

This post has been edited by fly126: Nov 6 2012, 02:00 AM

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

wahh.. which mean there is another 9 billion units for bumi.. quite alot..

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

For a Chinese guy like me, when can I open an account ? Go to bank asked but bank staff just said chinese can't or cannot open now. Can anyone help?

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

thank you to clarify,
I did think that way too, if we using cheque, and our cheque turn out to be something wrong, how about the units that we already purchase, they need to enter the units into our passbook.

if using cheque i think need to clear the cheque before you will get any units.

Does it work?
never tried, and and the method to top up, previously only for cash or transfer.
it will be great if cheque is applicable, less risky.