I've been following this thread for an awfully long time and I'd like to share my 2 cents worth on those waiting on the PNB's next fixed priced fund...

Personally, I don't think they will launch another one. Even if they would like to, the authorities wouldn't like it too much. PNB/ASNB's AUM is now in the billions and represents a huge chunk of our equity stock market. Mind you, some would deem them as a shadow bank because of their size.

And it is due to this very reason why the regulators would somewhat frown upon them if they were to launch another fixed priced fund. Imagine if its customers were to do massive withdrawal ( a run ) due to one of many potential reasons (economic crisis, political unrest, etc2..), it would be disastrous for the equity markets. And since fixed priced funds are pegged at RM1 regardless of its actual NAV per unit, it would make things worse. Unlike EPF which also has an equally large impact due to its size of participation in the equity markets, you can't do a run on EPF as the latter's withdrawal is governed by rules and regulations.

The next economic cycle is coming up (1997/98, 2008, 2017/18?) so even if they were allowed to come up with a new fixed priced fund, it wouldn't really be a good idea. They might consider one post 2017/18 if they picked up equities during the anticipated upcoming downturn.

Again personally I doubt that they'll be coming up with another fixed priced fund. They may potentially expand the existing fund sizes but that again would not be "liked" by regulators such as SC and even BNM. Mind you, these fixed priced funds are classified as low risk medium return investments. Chasing yields for it in order to give healthy dividends is not easy.

Just me 2 cents

Maybe we get a new PM after UMNO Meeting ?

Although no news funds being launch.
If u notice, the fund size keep on increasing after the declaration of the dividend paid. The dividend paid is partially by the sales of new shares.
If u read the ASM 2013 fund report, u will know what I meant

I believe (and hope) that sooner rather than later, PNB adopts online transactions via its own website/portal. That would certainly help those who have to rely on physically going to banks to try their luck although I can only imagine the volume the site would have to handle given the amount of people who will try their luck (now one could only do it during lunch time but online....every 2 minutes also can!) to perform additional purchases for their fixed priced funds

What about AHB?

If both ASM and ASD declares its divided at 6.8%, we can expect the same dividend for the coming ASW2020 and AS1M

Nope, quotas applied

Another theme that I've noticed following this thread(s) is the fact that so many complain and whine about not being given a piece of the pie when it comes to PNB's fixed priced funds. Everyone wants it easy, low (to almost no) risk with returns that beat FD and inflation rates consistently over a period of time since PNB's inception.

But PNB is not the be all or end all; it's not a zero-sum game if you can't invest in it. With enough research and some work, you could easily beat PNB's dividend policy because to be fair, PNB's dividend policy isn't what it used to be. Given the fact of course that back in the day PNB used to give double digit returns for ASB, look back at the historical savings and interest rates back in those days.

For me (personally), if the trust in PNB is so high, why not invest in their variable priced funds? If the dividend track record for these funds are close to what the fixed priced funds give out, not only you enjoy the high dividend yields but also increasing the actual total returns on your investment with additional profit from capital appreciation.

I have long since diversified my unit trust investment(s) to include other fund managers because I got tired of hearing the same justification of "we can actually pay out xx sen dividend but we're only paying xx send dividend as we bring forward the balance xx sen for retention to be used when the economy isn't doing to well"

ps: And no, please do not ask me what funds you should invest in. You need a license for that and I haven't got one ya

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....

Alright, is this account shared by all banks (meaning directly from ASNB) or each bank will have their own?

Can invest into ASB via maybank2u but can withdraw or not??

Why I only see the deposit button, no withdraw??

what is not much?? Below RM 10k?? 

I understand that, but based on my monthly payment for 25 years, shouldn't I get RM 52,500* (excluding the dividen or bonus)?

* RM 175 x 12 months x 25 years.

I am asking this particular question in this particular thread in case someone also using this method for his/her ASB.

If that is true, it is really a no brainer to get max asb loan and invest the rest in as1m. Short term and long term surely be a winner as compared to those who masuk every month bit by bit. Leverage is the key

to me, if i have money..i keep the value of money back to my revenue.
dun let others 3rd party collect/use the value from my own money to share profit.

my 10cents..

my asb saving http://brunialamira.blogspot.com/