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

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Petre
post Mar 11 2013, 11:45 AM

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QUOTE(titanic_crash @ Mar 10 2013, 04:21 PM)
not the bank giving free money...its more like u borrow money from the bank...and u get the dividend asb based on the money that u wborrow from the bank...

profit or not?it depend on how you manage it
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thought with ASB you can almost always say - sure profit biggrin.gif
davinz18
post Mar 11 2013, 05:03 PM

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QUOTE(jetmanxx @ Mar 9 2013, 04:56 PM)
Quick question: I want to invest in AB through Maybank. I will use salaray dedcution every month.

What if suddenly I need money and want to get some cash from the ASB?

possible? is it very liquid?
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from the statement above, I could conclude that:
1. you open asb at maybank branch
2. you will use salary deduction to invest asb monthly.

About the withdrawal of asb money, you could do it at asnb office, pos malaysia, maybank, cimb & rhb branch. any working day, if can before 4pm (for agent -mbb,cimb, rhb, pos)

Best to withdraw after div announce 2nd Jan every year cool2.gif
Rich_Lim
post Mar 11 2013, 09:50 PM

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QUOTE(MGM @ Mar 12 2012, 03:23 PM)
Thanks guys for the opinion. Look likes it is a bad idea to transfer the units this way.
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It was discussed earlier posts, not recommended to do so; they're easily snapped up by others waiting doh.gif
Looks like lots of ppl are queuing at counters everyday, even the guy behind counter telling me : you gotta spend time waiting to grab them rclxub.gif
AMINT
post Mar 13 2013, 10:58 AM

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Guys,

I wanna ask where to apply for RM400K asb loan and how? I remembered 5 years ago, I applied asb loan...it was only RM200K. But recently I found out can RM400K from someone but he only heard but has not yet applied rm400K. Where to apply RM400K and how?

Sorry if I sound stupid coz my mind is mostly looking towards property investment. Need your help

AMINT
post Mar 13 2013, 11:25 AM

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Quote from other website:

"Untuk mendapatkan full loan ASB RM400K Mebeng Mereng, mereka yang layak dari Golongan B ni kena keluarkan dulu RM400K dari account ASB (pindah ke ASW2020) dan apply loan Mebeng - sure approve. So kira diorang topup account atas satu nama."

anybody wanna comment?


SUSDavid83
post Mar 13 2013, 02:10 PM

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ASM holders get 6.50 sen income distriibution

Amanah Saham Nasional Bhd, a subsidiary of Permodalan Nasional Bhd announced an income distribution of 6.50 sen per unit for Amanah Saham Malaysia for the financial year ending March 31 2013.

Read more: ASM holders get 6.50 sen income distriibution http://www.btimes.com.my/Current_News/BTIM...l#ixzz2NOhqKIfn
davinz18
post Mar 13 2013, 02:30 PM

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QUOTE(David83 @ Mar 13 2013, 02:10 PM)
ASM holders get 6.50 sen income distriibution

Amanah Saham Nasional Bhd, a subsidiary of Permodalan Nasional Bhd announced an income distribution of 6.50 sen per unit for Amanah Saham Malaysia for the financial year ending March 31 2013.

Read more: ASM holders get 6.50 sen income distriibution http://www.btimes.com.my/Current_News/BTIM...l#ixzz2NOhqKIfn
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bro, 6.5+0.3=6.8sen thumbup.gif

http://www.bernama.com/bernama/v7/bu/newsb...s.php?id=934134

This post has been edited by davinz18: Mar 13 2013, 02:35 PM
davinz18
post Mar 13 2013, 02:38 PM

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Permodalan Nasional Bhd (PNB) announced today that Amanah Saham Nasional (ASM) unit trust investors will receive an income distribution of 6.5 sen for its financial year ended March 31, 2013.

In addition, investors will also receive a special distribution of 0.3 sen per unit as "a token of appreciation."

The total income distribution of 6.8 sen is higher than the 6.5 sen per unit paid out for 2012.

The payment will benefit 542,809 unit holders, who currently hold RM13.44 billion worth of ASM units.
ronnie
post Mar 13 2013, 02:43 PM

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QUOTE(davinz18 @ Mar 13 2013, 02:38 PM)
Permodalan Nasional Bhd (PNB) announced today that Amanah Saham Nasional (ASM) unit trust investors will receive an income distribution of 6.5 sen for its financial year ended March 31, 2013.

In addition, investors will also receive a special distribution of 0.3 sen per unit as "a token of appreciation."

The total income distribution of 6.8 sen is higher than the 6.5 sen per unit paid out for 2012.

The payment will benefit 542,809 unit holders, who currently hold RM13.44 billion worth of ASM units.
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Another GE2013 goodie ... nice nice icon_rolleyes.gif thumbup.gif
davinz18
post Mar 13 2013, 03:46 PM

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QUOTE(ronnie @ Mar 13 2013, 02:43 PM)
Another GE2013 goodie ... nice nice  icon_rolleyes.gif  thumbup.gif
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I'm expecting 1sen special income@bonus but 0.3sen also okay.

This is 2nd time ASNB gave bonus (they gave 1sen bonus to all asw 2020 unitholder in 2007)
titanic_crash
post Mar 13 2013, 08:31 PM

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QUOTE(AMINT @ Mar 13 2013, 11:25 AM)
Quote from other website:

"Untuk mendapatkan full loan ASB RM400K Mebeng Mereng, mereka yang layak dari Golongan B ni kena keluarkan dulu RM400K dari account ASB (pindah ke ASW2020) dan apply loan Mebeng - sure approve. So kira diorang topup account atas satu nama."

anybody wanna comment?
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yes...you can do loan asb up to 400k PROVIDED that your current limit already achieved 400k.How to check your current limit?u can go to asnb, maybank,rhb, or cimb to check....

if your limit is 400k, then you can apply to any bank which offer asb loan...after approved, you have to take out the 400k(u can enjoy this money...haha) for bank to buy the 400k asb certificate...

as for me, i would prefer to put 50k max each into my kids asb account before i explore other investment asset class..if my limit is 400k...but unfortunately, still long way to go to unlock the 400k unit...
AMINT
post Mar 14 2013, 12:08 AM

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QUOTE(titanic_crash @ Mar 13 2013, 08:31 PM)
yes...you can do loan asb up to 400k PROVIDED that your current limit already achieved 400k.How to check your current limit?u can go to asnb, maybank,rhb, or cimb to check....

if your limit is 400k, then you can apply to any bank which offer asb loan...after approved, you have to take out the 400k(u can enjoy this money...haha) for bank to buy the 400k asb certificate...

as for me, i would prefer to put 50k max each into my kids asb account before i explore other investment asset class..if my limit is 400k...but unfortunately, still long way to go to unlock the 400k unit...
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thanks bro. I will look into it. This is a new thing to me. I always thought RM250K max only.huhu
titanic_crash
post Mar 14 2013, 09:09 AM

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QUOTE(AMINT @ Mar 14 2013, 12:08 AM)
thanks bro. I will look into it. This is a new thing to me. I always thought RM250K max only.huhu
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no problem...mine already 290k...still a long way to go to do asb loan at 400k
ahcheap
post Mar 14 2013, 09:12 AM

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I just bought additional unit of As1M thru maybank2u and money ord been deducted, so tat means transaction successful and the additional unit will b added in my a1sm account?
AMINT
post Mar 14 2013, 10:28 AM

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QUOTE(titanic_crash @ Mar 14 2013, 09:09 AM)
no problem...mine already 290k...still a long way to go to do asb loan at 400k
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bro, i suggest you involved yourself in property investment as well. That RM400K target will be easily reached with just one flip. just a thought
foolc
post Mar 14 2013, 11:32 AM

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QUOTE(ahcheap @ Mar 14 2013, 09:12 AM)
I just bought additional unit of As1M thru maybank2u and money ord been deducted, so tat means transaction successful and the additional unit will b added in my a1sm account?
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u wat race?

i heard chinese n indian kuota no more

ahcheap
post Mar 14 2013, 04:45 PM

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QUOTE(foolc @ Mar 14 2013, 11:32 AM)
u wat race?

i heard  chinese n indian  kuota no more
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Chinese. But money ord deducted from my maybank account.
davinz18
post Mar 14 2013, 04:54 PM

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QUOTE(ahcheap @ Mar 14 2013, 09:12 AM)
I just bought additional unit of As1M thru maybank2u and money ord been deducted, so tat means transaction successful and the additional unit will b added in my a1sm account?
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I think successful. Good for you rclxms.gif
davinz18
post Mar 14 2013, 04:58 PM

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QUOTE(foolc @ Mar 14 2013, 11:32 AM)
u wat race?

i heard  chinese n indian  kuota no more
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Yes the quota is sold out.
If your lucky enough, you could get some units smile.gif
AMINT
post Mar 14 2013, 08:28 PM

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For malayu, always got?

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