This is the tread for discussions related to all kinds of PNB funds
Please refer to past discussions for information already discussed:
V1 http://forum.lowyat.net/topic/347861
V2 http://forum.lowyat.net/topic/1120959
ASNB Website

Products:


This post has been edited by aeronic: Mar 12 2012, 12:04 PM

Latest Product Information:



Latest Interest Rates At A Glance From Brochure Released



There were lots of repeating questions from people who do not bother to search about general information about funds.
This was coming in the way of people who are into serious discussions about the funds after knowing the already published information.
So here you are: 2 very good brochures on the first page. i went all the way to their counter and collected this and scanned it posted it here for you people.

More contents are being put up soon. If you have any good information to share please post it this thread and I will link it on the first page.

This post has been edited by aeronic: Mar 12 2012, 12:03 PM

--->>>READ THIS BEFORE asking how to get started questions<<<---

Master Prospectus For ALL Funds

http://www.asnb.com.my/ASNB_MP_2011_JD001269.pdf

FAQs

http://www.asnb.com.my/english/ebanking.htm

Some Collection Photos: (pm me if you have some and would like it to be added too)

caption: books for a non bumi

This post has been edited by aeronic: Mar 9 2012, 10:40 PM

I tried to click on the pic.....but got respond it has been deleted.

i am half way editing lah dude
should be fine now

Reserved

how actually amanah saham work? I'm interested to put my money there. And I've already open my account last year but until today only got rm 10 in the acc.

hw to buy, where to buy and whether I can buy whenever I want or only at certain time I can put my money there?

How does ASN 3 work? the return looks decent historically.

I read there is a service charge for this and the NAV fluctuates. can someone clarify?

This post has been edited by soul2soul: Mar 7 2012, 05:01 PM

if you ask me.... personally, if you want higher risk, might as well put the money in the stock market than ASN 3.
the ASW2020 has always been the one that provided the best returns if calculated on a non variable price with yearly payout basis.
for now since ASW2020 is not available, i would suggest you to go for AS1M.
unless if you're a bumi then ASB as it has always been the best bet.

This post has been edited by aeronic: Mar 7 2012, 05:15 PM

This implies that the AS1M is still available. Is that true for Chinese?

when i went to check this afternoon no more for chinese only left for indians and bumi
but if i am a bumi i would not take AS1M until i max out by ASB of 200k

This post has been edited by aeronic: Mar 7 2012, 05:59 PM

Good to clarify now, because almost every page of this thread (V2) got ppl ask: Chinese quota still got or not.
with this clarification, hope no more same question ask.....

i am planning to compile a list of FAQ and list of banks branches who do not like to help people topup ASW2020 and AS1M because the chances of free units are low.

since the success rate is very low, they are lazy to try and sometimes they lie or fake a system down.

you have something to add?

I've the same 3 passbooks as well

Anyone here think this is doable:

Transfer of AS1M to my sister by selling units from my passbook and immediate buying using her passbook at the same counter?

Very risky....

Very hard, as I think there are internal people that buys immediately either for themselves or for their clients...

+1
i am auto assuming he's not bumi, indian or other minority.

inside the banks itself got syndicate one. might send some secret sms while they are doing your transaction to their counterparts.

even if you are doing it at ASNB branch, there are so many people trying with cash in hand everyday.
especially those private bankers who have direct access to the system
chances are their transaction can go thru by the time you buy back within 5 mins gap.
i don't mean to scare you but AS1M is very highly sought after.

This post has been edited by aeronic: Mar 12 2012, 11:25 AM

i have done once. Transfer RM100K from ASW book A, to ASW book B. done by 2 tellers at the same time, same branch.
Book B able to capture RM50K only, the balance RM50K gone with the wind, captured by other branches...seems like every seconds someone standby to deposit

LoL

This is called luck

Thanks guys for the opinion. Look likes it is a bad idea to transfer the units this way.

fuyoh which year was this dude? and was it in a bank or ASN office?

What will happen to ASW 2020 after Year 2020?
Is Year 2020 is it maturity date?

nope, please read the FAQ and master prospectus

Last year @ Maybank. Location is not the determinant factors if u can get the unit, becoz it is online nationwide.

---

Added on March 14, 2012, 12:11 pmStatistic from the latest financial report of 2 funds

ASB (for bumi) - there is 10,521 investors owning > RM500K in their accounts, this translated into the average per person RM674,900. If you keep the interest growing without withdrawal, the power of compunded interest will be great even max limit cap at RM200K per person.

AS1M (for all) - there is 891 investors owning > RM500k in their accounts, translate into each of them owning RM1,328,600 in average. Considered good, as there was no individual max limit.

This post has been edited by cheahcw2003: Mar 14 2012, 12:11 PM

that's interesting and thanks for sharing

Me too but my asw2020 is nt valid bcos by tat time the counter ppl want to key in the amount of money I want to buy, the quota is full so I only hv the passbook without money inside..

Any idea what is the dividend for ASM and when is the next quota be opened ?

Maybe with the passbook, you can try to bank in sometimes when u are near the ASNB agents.

Well, for what i see, as long as i have the passbook already, i extend my new chance to try bank in in ASW2020, instead of only can try my luck in ASM and AS1M. ^^

---

Added on March 18, 2012, 2:08 pmI believe the dividend will be announced next week.

But if you are talking about new quota, i have no idea, and i think many people does not have the idea too..

This post has been edited by smartinvestor01: Mar 18 2012, 02:08 PM

i heard the ASM dividend this year going to be pay out by cash ? 0.50/unit ?

seriously? rmo.50 per unit is damn alot. any supported link?

no, 0.50 =5 cents, not 50 cents

5% div?

I guess 5 cents is 5% which is quite low.

definitely.... last year 6.38%

At least got 6 par ba...5 too less

Yape, but i believe the dividend will be at the minimum above 6..

With their reputation, i dont think they will give dividend below 6...

My prediction for ASM Dividend : 6.50%

I hope your prediction will come true

6.5 is very interesting
while your prediction is a prediction and i could not insist for source
can share with us a bit roughly like what stuff contributed to your outcome of your final prediction

Would you believe if I said PNB Chairman drop me an email of the upcoming dividend payout for ASM ?


I belive it will be above 6.38%

nope, but the reason i won't believe is because PNB Chairman where got send emails one, lol.
he's still learning facebook...

Spot on Ronnie. You have insider info or you are the chairman?

For me I was expecting 6.8% since EPF can give 6% and GE13 coming and govt. is giving free money left and right.

This post has been edited by MGM: Mar 22 2012, 08:33 PM

This time the dividend going to be paid by cash right instead of re-invest ?

---

Added on March 22, 2012, 8:58 pmNo, dividend to be reinvested into extra units .

This post has been edited by Evening: Mar 22 2012, 08:58 PM

ASM unit holders get 6.50 sen dividend

Just wanna know, anyone here invest in ASG? PNB announced 7.00 sen dividend and above for the 3 ASG funds...

KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has announced a 6.50 sen dividend per unit for Amanah Saham Malaysia (ASM) for the financial year ending March 31, 2012.

The income distribution was higher than the 6.38 sen per unit paid last year, PNB chairman Tun Ahmad Sarji Abdul Hamid said yesterday.
He said the income distribution would involve a total payout of RM820.24 million, an increase of 8.6 percent compared to the RM755.05 million paid out last year.

“The payment will benefit 546,341 unit holders who currently hold 12.62 billion units of ASM,” he told a press conference here yesterday.
Up until March 21, ASM has recorded a gross income of RM978.32 million.

Dividend income from investment in companies contributed RM774.77 million or 79.2 of the gross income.
Profit from the sale of shares contributed RM53.59 million or 5.5 percent, and the remaining income of RM149.96 million or 15.3 percent was derived from investments in short term instruments.
The income distribution will be reinvested in additional units and will be automatically credited into the unitholders’ account on April 1, 2012.

Commenting on the performance of ASM, PNB President/Group Chief Executive Tan Sri Hamad Kama Piah Che Othman said they had the capacity to pay 8.0 sen but “we decided on the current income distributions due to unfavourable environments”. He said PNB would continue to ensure that its strategy in stock selection give competitive annual returns for the long term.


MY Comment: as expected 6.5sen, already know since last year after AS1M announcement. ASD,ASW2020 & AS1M all is 6.5sen per unit dividend so it naturally for ASM to get 6.5sen also.

This post has been edited by davinz18: Mar 23 2012, 06:16 PM

Do you guys think that there is a way to even opened an account for ASW2020 even with a RM10?

I just hoped to have the passbook so that i can have the opportunity to invest by trial and errors at the ASNB counters.

Without the passbook, i cannot even have the chance to try my luck.. ^^

Hi, I have been a FD person all this while so I have plenty to read up on these PNB funds. Are these PNB funds protected by any body (something like PIDM)? Thanks

Amanah Saham is managed by PNB.
PIDM also govt owned. If PNB fails, don't you think banks and PIDM would fail in the same sense.

Invest it Amanah Saham while you can to take advantage of the "higher" returns.

good logic

Investing in this amanah saham looks better than injecting money to EPF as the money can be withdrawn anytime. I plan to just put a small start up amount first and then maybe monthly a few hundred.

I read before that there is a cap of RM200k for certain funds. This includes the amount invested + dividen? Meaning, in such case, a person cannot have more than RM200k in his account and when this happens, he needs to cash out?

Also, I understand that some of these funds has reached its limit for non-bumi like ASW2020 and ASM, so not much choice left. So I am looking at AS1M now.

If you are Chinese, no more Amanah Saham for you to invest. Unless govt needs money.

ASB is for Bumiputera only and limits to RM200k.
Not sure if need to withdraw if the dividends increases total investment to RM200k

No. You don't.

I used to know someone who offered the PNB officers some tips, for exchange they will help you to "reserve" the amount of fund you desire whenever the opportunity arises, and notifies you to immediately bring over your money for purchase. Downside is you need to be always available, ie. not really viable for the working people. True enough, he managed to buy extra units for it not long later, despite the funds being fully subscribed most of the time. Have also heard of people having friends working at PNB-appointed banks, who will help them to purchase whenever units are available. That is why the funds are always unavailable to the rest of us, because the moment someone sells, these bankers and PNB officers immediately grabbed them.

Thanks for the helpful tips.

What you are saying is really true.. The appointed agents are really a disadvantage to us..

^^

as the government are having political issues is it stil safe to invest in asnb?

I believe BN will still become the Ruling Coalition.

U dont have to go until the extend of corrupting the staffs to invest the funds for u. There are a lot other good alternatives that can give u good return. WHat u have suggest is not right and i strongly discourage it...

So meaning for poeple like me who just wanna open an account, it is difficult to purhcase any units now?

Yes, actually it is true..

If PNB failed, what to say about PIDM..

Most of the shareholders investing in PNB are expecting it to be capital guaranteed despite that there is no claims of protection from PIDM.

Majority of people investing in it, and even some of the investors are non-stopping injecting money in this fund..

---

Added on March 25, 2012, 6:20 pmIf political issues will affect Asnb, it is better than we dont put money in banks also... lol... ^^

---

Added on March 25, 2012, 6:22 pmIts impossible for the non-bumi to open account right now..

The quota for the non-bumi are sold out already..

This post has been edited by smartinvestor01: Mar 25 2012, 06:22 PM

Please correct me if I am wrong:

All ASNB funds' (EXCEPT AS1M) dividend are tax exempted from Year Of Assessment 2006 to 2016.

AS1M's dividend is tax exempted from Year Of Assessment 2009 to 2019.

Are these conditions automatically renewed ?

Thanks for this piece of info. Then I will have to wait for new fund schemes Will keep track of this thread from now.

so far it has been automatically renewed.

I guess we need to wait till 2016... non of us here are from the future.

Non of these PNB funds come close to Bank Rakyat's 20% dividend just annouced.

When can we update our Amanah Saham Malaysia passbook ?

waht i the secret BR can declare 20%

u heard Bank Rakyat investment not open for Non Bumi, and u need to be in the wait list, each time can only top up RM5K...

how you can top up 5k, i only 0.5k

2nd April 2012...

Hm... I've nvr updated my book before. lol.

where and how can i update the book?

last time tak cukup duit. beli sikit only. Now got more savings but then cannot buy cos no quota already

very interested in ASM or ASW2020.

Can update at Maybank also.

i see. that means other authorized bank + pos office also can. No need purposely go to PNB office

good good. next week i go pos office update. my book, lol... i use cap jari kanan instead of kiri. dunno what i was thinking that time. lol

Is there a bumi quota for ASW2020 and do you think it is still available?
What about the bumi quota for AS1M, still available?
Thanks.

---

Added on March 29, 2012, 4:55 pmWhat is the name of this Bank Rakyat fund?

This post has been edited by wongpeter: Mar 29 2012, 04:55 PM

Tje bank rakyat shares only can apply in bank rakyat branches?

I went to update my passbook for ASW2020 for the first time after investing many many years ago.

Anyone know why there's no dividend credited from 1999 to 2004 for ASW2020??

can we update ur passbook at cimb bank?

You can perform all the transactions at any ASNB offices or agents namely Maybank Berhad, CIMB Bank Berhad, RHB Bank Berhad, and Pos Malaysia Berhad.

Lol.....joker la you.
Maybe they name it that way because of VISION 2020

---

Added on April 5, 2012, 8:06 pmNow that you've mentioned it, I checked my passbook and realised mine also the same case as yours....no dividend credited from 1999-2004....
mine updated til 2007.....i havent gone to update it since then.....
i should've put in more when i had the chance.....last time the queue at maybank for asw2020 was so long til the maybank lady handling our transactions were super stressed and pissed....she scolded some of the senior citizens.......she was like so rude......like...."mr, i SAID give me your IC.....I have many more to do, i dont have all day..." =.="

This post has been edited by lipton tea: Apr 5 2012, 08:06 PM

there were few years where they issued us cheques.

Ah ... now I recalled .. sigh ... sorry old liao..

same as me.. sold 450 of AS1M and when immidiately tried to buy 800, couldnt. could go max 250 only.
BTW, they told me Indian quota for AS1M has been sold out. anyone knows if this is true/ where can confirm this?

Was told by Maybank branch.
Thanks.

yeah..even i tried to buy end of March, but its sold out.
checked at ASN branch...but still managed to buy it on the subsequent week..

Someone in ASNB office told me that Indian Quota sold out in 3rd week of March 2012. Bumi quota still a lot available and can be bought at anytime office hours. That's all for now. If got any new information will post it.

Are you sure that Bumi quota is still available ? Because earlier information suggested that all fixed price funds are fully subscribed (bumi quota).

I think it was just a rumous, bumi quota is still available for AS1M, but ASW bumi quota is full.

Thank you for the information

Anybody here manage to buy AS1M on 2/4/2012? My sis manage to get rm20K thru CIMB.

Very lucky indeed....

How often did your sister try it?

Very often esp begining of month, bank just 2 doors away.

Don't just depend on the PNB instruments. Diversify your funds. Be cautious.

Cool, consistency and patience.

anyone got their Sara 1 Malaysia approved?

when i heard about the fund and straight away ask my mum to apply under her name, now it got approved and i had started paying maybank rm84 per month.

but i still don't understand how to receive the rm134 per month as per claim by PM.