Thanks for info. That's very helpful  ...I just received my ASM allocation statement via post today and they attached brochure on ASG together.

Will find out more and post it here know if I need more info.

Cheahcw2003,

I'm understand regarding your concern but I'm not heavily invest in mutual funds because it is out of my bucket. So, I'm not sure for other mutual funds company. Yes, I will know how many remaining units that I uphold once i purchase units as well the charge that imposed during purchasing units by simple calculation. Let take your example,

ASG-Didik : 1.0988 NAV
Invest amount : RM 1,000

Simple Calculation,
RM1,000 / 1.02 = RM 980.39
Rm 980.39 / 1.0988 NAV = 892.23 units in total

For every RM 1,000 invested amounts, you will received 892.23 units in your investment and RM 19.61 is the grand total charge. Once you do an investment, you can still refer to receipt "Pelaburan Tambahan" with computer generated. please apply the calculation as above and you will see it will display a same amounts and method.

For additional units from dividend yield, if you uphold 1,000 units and the fund declared 7.00 sen per units. you will get 70 units additional by calculation as follow,
1,000 units x 0.070 = 70 units for your investment portfolio

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

You got some good point there.
So the conclusion is NO New Fixed price fund.  Too bad those waiting to invest 

Raya time in August will be a good chance to buy some units.....

Please do not make any conclusion without fact which might confius other read...

moderator, should we create confusion info for other reader?

Looking at past history, I could conclude that the dividend rate would be same as ASD 6.8% 

http://1-million-dollar-blog.com/dividends/

sign, too bad ASD is only for bumiputera...

Not just crumbs but quotas too.

ASD 6.8% just ok but not nice

PNB need word harder. EQUITY for last past 2years is bullish, why PNB cant give 7%

Nope, quotas applied

Pls read properly my post and you do not be clever to give lesson to people if you no willing to share .
I want to highlight indirect to cheahcw2003 that FD is no same nature as ASNB fund.

Guys just wanna ask if i put money in asb in june 2013, would i get the pro-rated dividend for year 2013? I was told by a few people that pnb only considered the lowest amount before financial year. Please help to clarify.

Thanks.

I don't mean if the yearly dividend is guaranteed or not.

What I want to know is, if my amount in ASM is RM10,000 now (principal plus past year dividends) and KLCI dropped by 50%, can I still withdraw the RM10,000?

Cheerio.

Thanks bro. Appreciate it very much. Typo there from me. It is supposed to be as1m, not asb

Non bumi. I thought ASB is the one for bumi?

Guys, 3 days ago i tried buying more asb and as1m via cimbclicks. As1m went through but asb was rejected (maybe because full. Tried to be kiasu). How long do i have to wait until cimb banks in the money back? The money is still not back in my savings account

My question are;
1 - Is it recommended to get this package? I am somehow prefer this one instead of manually adding the money into ASB due to busy-ness.

2 - If I count correctly, RM 175 x 12 months x 25 years = RM 52,500 (EXCLUDING 8.00% bonus [consider the mimimum rate for example]).
So what does this actually mean? I pay RM 175 per month for 25 years but I only get RM 30,000 instead of RM 52,500? Or I am missing something?
I don't have chance to ask the second question because our meeting was interrupted by personal business and also just thought about that on the way home.
Please kindly advise ya.