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

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MGM
post Mar 11 2012, 11:46 PM

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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?
MGM
post Mar 12 2012, 03:23 PM

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QUOTE(MGM @ Mar 11 2012, 11:46 PM)
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?
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Thanks guys for the opinion. Look likes it is a bad idea to transfer the units this way.
MGM
post Mar 22 2012, 08:31 PM

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QUOTE(ronnie @ Mar 18 2012, 11:03 PM)
My prediction for ASM Dividend : 6.50% rclxms.gif
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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
MGM
post Mar 25 2012, 06:53 PM

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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 ?

MGM
post Mar 26 2012, 01:53 PM

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Non of these PNB funds come close to Bank Rakyat's 20% dividend just annouced.
MGM
post Apr 20 2012, 10:38 AM

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Anybody here manage to buy AS1M on 2/4/2012? My sis manage to get rm20K thru CIMB.
MGM
post Apr 24 2012, 10:37 AM

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QUOTE(vergas @ Apr 23 2012, 05:04 PM)
How often did your sister try it?
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Very often esp begining of month, bank just 2 doors away.
MGM
post Jul 18 2012, 09:31 AM

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Genting Singapore Bond at fixed coupon of 5.125% payable semiannually.
How to compare this with AS1M if assuming AS1M average return is 6%?
MGM
post Jul 18 2012, 10:23 AM

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QUOTE(smsbusiness2u @ Jul 18 2012, 09:50 AM)
how to get Genting Singapore Bond ?
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Got a sms from RM OCBC on this.


Added on July 18, 2012, 10:25 am
QUOTE(gark @ Jul 18 2012, 09:55 AM)
That one is a perpetual bond, which means no redemption date and the period is infinite. Even a slight increase in interest rate will kill the bond value.  wink.gif Very risky. But if interest rate is further reduced, you get a jackpot. Don't play if you don't understand.

Buying single bond CAN be as risky as equity. If you want to invest in bond, suggest to go a bond fund, where they have a basket of bond to mitigate the risk.


Added on July 18, 2012, 9:57 am

Like  previously  said, you need to calculate the yield to maturity. This can be calculated from the bond price, remaining period and coupon value. If you can list the above, we can calculate the yield to maturity to see if you got a bargain.  brows.gif
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Thanks Gark, I am a newbie in bond, have much to learn

This post has been edited by MGM: Jul 18 2012, 10:25 AM
MGM
post Aug 14 2012, 10:05 PM

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QUOTE(Humping^Panda @ Aug 14 2012, 08:05 PM)
The counter lady of ASNB at Bayan LEpas Penang!!! by the way when did u get yours?
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Another Little Napoleon. They are everywhere.
MGM
post Aug 27 2012, 03:31 PM

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QUOTE(HJebat @ Aug 24 2012, 09:59 AM)
Most likely on the 30th August. Hopefully this year's dividend matches or more than ASM's distribution nod.gif
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Your wish comes true. It is 0.1% more.

My wish is that AS1M dividend will exceed this.

This post has been edited by MGM: Aug 27 2012, 03:33 PM
MGM
post Aug 28 2012, 10:01 PM

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QUOTE(cheahcw2003 @ Aug 28 2012, 09:39 PM)
Better than FD, but lower than some of the bond fund.
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Right, lower than some bond funds.
Wrong, higher than some bond funds.
MGM
post Dec 21 2012, 06:26 AM

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If one find it difficult to topup their ASNB funds, an alternative (esp if one qualifies and >55 yo) will be EPF's 1Malaysia Retirement Savings Scheme.

http://www.themalaysianinsider.com/malaysi...-from-jan-2013/

http://www.kwsp.gov.my/portal/en/web/kwsp/...-savings-scheme

MGM
post Dec 21 2012, 10:54 AM

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QUOTE(adolph @ Dec 21 2012, 10:21 AM)
How does the dividend return look like for EPF's 1 Malaysia Retirement Saving Scheme, or it same with "Employee Provided Fund" return?
What the exact meaning for 5% contribution or subject to $60 per year for 5 year continuously.

Assuming in a scenario,
Mr ABC having a fixed income salary and consider as an employee in a listed company. However after several years, Mr ABC resigned from his initial position and took a business without fixed salaries such as agents to corporation. Do Mr ABC still eligible for this scheme since he was working previously with account in "Employee Provided Fund" but no salary deduction after resignation.
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AFAIK,
1. returns same as EPF yearly dividend
2. for 5 years, btw 2010-2014, govt will give you rm60/year for the first rm1200 contribution (rm1200*5%=rm60)
3. Mr.ABC is eligible if no more fixed income and no longer contribute the monthly epf deductions.
and if he is >55yo, withdrawal is as per retired person.

This post has been edited by MGM: Dec 21 2012, 10:54 AM
MGM
post Dec 27 2012, 10:20 AM

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QUOTE(doneright @ Dec 27 2012, 09:31 AM)
as always, obvious fishy matter and still people are going crazy for amanah saham. i dont look down on these people, just know and hope they are better educated and informed. if putrajaya change team soon and they probe into PNB, be prepared for chaos... cause they will dig out all other fish in the deep freezer
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printing mistake should be 1.46billion units not rm1.46mil.
MGM
post Jun 11 2013, 05:07 PM

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Where can I find historical charts for ASG funds? I couldn't find them in ASNB websites. thanks.
MGM
post Jun 15 2013, 09:06 AM

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QUOTE(ay@m @ Jun 15 2013, 01:00 AM)
sign, too bad ASD is only for bumiputera...
sad.gif
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Not surprise, non-bumis get the crumbs.
MGM
post Jun 15 2013, 09:07 AM

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QUOTE(cheahcw2003 @ Jun 15 2013, 09:06 AM)
All fixed price funds are paying the same dividend return.
ASM, AS1M, ASW are open to all, quotas apply.
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Not just crumbs but quotas too.
MGM
post Jun 20 2013, 09:15 AM

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QUOTE(cheahcw2003 @ Jun 20 2013, 09:11 AM)
ASM is a fixed price price fund of RM1 per unit, how can it dropped below the par value?
Your RM10k will still be there. Equity performance will affect the dividend payout but not your principal
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I think he is worried about no money to withdraw.
MGM
post Aug 8 2013, 05:10 PM

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Anybody has opted for 'Pengisytiharan Amanah' by ASNB for investment in asnb funds? Heard it is a new service for easier claims by beneficiary.

http://www.asnb.com.my/Hibah/PA_Broch-V3-150213.pdf

This new service will assist ASNB unit holders in planning their property related to the ASNB trust unit, so that it would be distributed to their descendants in a faster and easier process.

http://www.thestar.com.my/News/Nation/2013...under-ASNB.aspx

Cost rm180 per investor.

This post has been edited by MGM: Aug 8 2013, 05:14 PM

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