AS1M/ASM/ASW2020/ASN/ASB and other PNB funds V3, lending your money to the government
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 Mar 24 2012, 07:37 PM
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#1
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All Stars
26,528 posts Joined: Jan 2003 
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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
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Mar 24 2012, 08:59 PM
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#2
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All Stars
26,528 posts Joined: Jan 2003
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QUOTE(ronnie @ Mar 24 2012, 08:20 PM) Amanah Saham is managed by PNB. good logic 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.   Investing in this amanah saham looks better than injecting money to EPF as the money can be withdrawn anytime.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. |
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Mar 25 2012, 04:49 PM
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#3
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All Stars
26,528 posts Joined: Jan 2003
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So meaning for poeple like me who just wanna open an account, it is difficult to purhcase any units now?
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Mar 25 2012, 06:58 PM
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#4
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All Stars
26,528 posts Joined: Jan 2003
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QUOTE(smartinvestor01 @ Mar 25 2012, 06:19 PM) Its impossible for the non-bumi to open account right now.. Thanks for this piece of info. Then I will have to wait for new fund schemes The quota for the non-bumi are sold out already..  Will keep track of this thread from now. |
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Apr 29 2012, 11:36 AM
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#5
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All Stars
26,528 posts Joined: Jan 2003
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Any news on new fund setup anytime soon?
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Apr 29 2012, 06:03 PM
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#6
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All Stars
26,528 posts Joined: Jan 2003
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QUOTE(smartinvestor01 @ Apr 29 2012, 05:24 PM) Nope, did you hear anything? ^^ No news as well. Will dump some funds into FD then. |
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