i bet yours is ASG-Kesihatan? the RM2 gone is for sales charge.. amount is 2% from the transaction..

why u buy this compare to other UT such as Hwang UT?

u buy which? ASG? pendidikan?

wahlau sales charge 5% so high.

for ASG only, 2% charges now coz PNB doing the promo...available at all agent...

a good time to buy but the price is already high....

Good Decision 

Welcome to ASNB club 

Oh okay 

Small amount is also very good. When I started also less 1k. That time nobody wanna invest. Now everyone chasing for it 

How to check ASG fund by bloomberg?

such as this http://www.bloomberg.com/quote/HWASCAP:MK

I believe SC wouldn't allow that the ads focus too much on the 2% promo. From what I can see, PNB follows the ad guidelines by SC to the letter as compared to the other UTMC's. Even if you see the ASG ads on tv or YouTube it hardly mentions the 2% prominently.

Personally 2% for ISC is pretty low. Even if you compare it with say other UTMC's. Rates like that are normally only available on fund supermart.com

As to why it's hard to find coverage of PNB's funds is because such investment houses or rating agencies like lipper, morningstar or Moody's does charge a hefty sum. PNB may not see the benefit of paying if its track record speaks for it self

SC is the securities commission, the body that regulates the entire industry. ISC stands for initial sales charge, it's the rate that unit trust management companies (UTMC) charge for each transaction made.

The last paragraph is actually what many UTMC use to sell their products. For example when public mutual claims that their product has a 5 star or whatever rating, these ratings are provided by these agencies.

Personally after the 2008 financial crisis, I take whatever these rating companies say with a bucketload of salt Remember, they are being paid to rate and are not truly or entirely independent. The same goes to investment banks that rate stocks or IPO's

Glad I didn't confuse you further hehehhe

I dare not say that PNB's fund managers are flawless, no one is that good. But it does help when you have more than 200 billion in assets under management (AUM) and the fact that most if its funds are 'mature' ie: they probably have invested muh earlier meaning that their average cost is low thus providing them leeway in managing their portfolio.

I agree that PNB's name carries a lot if weight (in MY at least) and its true that ppl DO line-up for hours whenever they launch a fixed price funds. I wonder how many 'stars' would ASD, ASW, ASM or the rest would get if they were rated; fixed price+good dividend yields+no ISC+low risks

I just created a calculator for ASB and I think it can be used for all that used the same principle. Just want to know, is it correct?

http://malaysialoansreview.com/asb-calculator

Here's the formula I used:

Annual Dividend Rate/12 Months X Average monthly balance for the year

Say, Dividend rate = 10%, Average monthly balance for the year= RM10,000
So, (10% / 12) X RM10,000 = RM83.33

Take note that the RM83.33 is the monthly dividends. The annual dividend would then be approximately RM999.96.

True that. Personally though, comparing unit trust performance has to be made up to 5 years historical. I remembered a year or 2 ago, most of the unit trust promo materials that I went through only showed historical performance of 1 and 3 years max. Why? Well if one were to show a 5 year chart, that would have to include the 2007/8 financial crisis in which everything got hammered. I remembered some friends who's unit trust investments actually had negative returns.

If you're a long term investor (which what unit trust is all about) than go back as far back historically when comparing performance. UTMC's will always do their best to avoid including in their charts those years when the market tanked. And remember too that dividends alone is not good enough, yield is more critical in my opinion. So too is the ISC, annual maintenance fees, trustee fees, management expense ratios and the likes. Only then can you get the actual total returns on your investment.

UTMC's like to focus on the big number (dividend) but if one is not careful, actually those products with supposedly lower dividend actually gives you better ROI when you take into considerations everything I've mentioned above.

When to check your bonus dates

Folio	Date	Limit	Remarks
ASB	1 January	Limit 200k	Bumiputra
ASM	1 April	No Limit	Quota
ASD	1 July	No Limit	Bumiputra
ASW2020	1 September	No Limit	Quota
AS1M	1 October	No Limit	Quota

PNB's seems to prefer to show/focus on how its average returns over a long period when compared to other UTMC's who like to focus on those 'specific years' when their dividend returns were very high/good. Economic cycles tend to come in 7 to 10 year intervals so that's why most UTMC only show a 5 year historical performance max Hehehehehe

good to hear that.

but

AS1M is out in 2010 = 3 + 6 = 9 yrs
ASW2020 - 1996
ASM - 2000 = 13 +6 = 19 yrs
ASD - 2001 = 12 + 6 = 18 yrs


just kidding.

going to maybank now. try to top up ASW2020 

Hhhmm.... I've been apolitical (the title of the thread doesn't help ) so far in the forums and I think I'm going to stay that way. None the less, PNB funds are not really for "cronies" per say. One because there are caps (ASB for eg:) and two, corporate's can't invest as it's only open to individuals so the amount that a supposed "crony" can gain per investment is small to what these people can earn on the stock market They're better off getting pink-slips for IPO's rather than waste their time with PNB funds

I mentioned in an earlier post that PNB being a GLIC (different from GLC) is not under the govt per se. Unlike Khazanah, GLIC's like PNB, LTAT, EPF and LTH are not "funded" by the government but by normal investors/savers. I know that I'm being picky but I can't help it when generalization blinds The government only benefits from the taxes and the knock-on macro-economic effects as a result of investments made by GLIC's like PNB.

To say that a strong PNB = a financially strong government is not true for me. You would have to look at the uptake of government issued bonds or Malaysian Government Securities (MGS) to see a better picture. If ever the title of a thread such as this ("...lending your money to the government...") is correct, it would be most suitable for a thread talking about MGS rather than PNB funds. When you buy MGS, you are LITERALLY lending your money to the government

As always, just my 2 cents