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

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shakiraa
post Jul 26 2012, 09:28 PM

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Hi cheahcw2003 and all sifus, reading from past few post, that means i can just walk to the Maybank counter to top up my money to max 300k?

currently i have both ASM and AS1M.

if i put 300k, any condition that i need to keep the money there for certain yrs? thanks.
shakiraa
post Jul 27 2012, 12:18 AM

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QUOTE(cheahcw2003 @ Jul 26 2012, 10:43 PM)
ASNB products is like saving account, not FD u can withdraw any time.
*
thanks so much! this is good. i will check with maybank tomorrow where i open the account.



This post has been edited by shakiraa: Jul 27 2012, 12:33 AM
shakiraa
post Jul 27 2012, 12:35 AM

hips dont lie
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From: Kuala Lumpur
One last question, this is definitely better then FD right? i wonder why people still put FD and not in this.

Can shed some lights anyone? thanks again.


Added on July 27, 2012, 12:36 am
QUOTE(ronnie @ Jul 27 2012, 12:31 AM)
Which ASNB product you plan to invest in ?
ASNB funds feeds the Govt.... some don't like it
*
hi bro, i will choose AS1M most likely

This post has been edited by shakiraa: Jul 27 2012, 12:36 AM
shakiraa
post Jul 27 2012, 12:49 AM

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From: Kuala Lumpur
QUOTE(ronnie @ Jul 27 2012, 12:43 AM)
Non Bumi's allotment has finished...
*
crap, how do i know when there's "allotment"? bro, how about ASM? thanks,
shakiraa
post Jul 27 2012, 04:01 PM

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hi all,

i just got back from ASM office. below is what i found:
- no more opening for AS1M, for those dont have acct forget about it, and also very hard to add money
- for those with ASN account, every day u can go que add RM1k-max rm10k, u need to wait for people to sell, so if 10 k then need to wait longer, so if hardworking sure u can slowly add. (bring cash)
- bost ASN and AS1M u can withdraw money anytime, but no one so stupid to do that because very hard to buy back to enjoy the 6.5%

they are launching this ASG, no gurantee return compared to above which is ard 6.5%/per annum.

but i look at the data averagely got 5.5%-7%, what do u guys think about this?

This post has been edited by shakiraa: Jul 27 2012, 04:02 PM
shakiraa
post Jul 27 2012, 07:26 PM

hips dont lie
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Joined: Mar 2007
From: Kuala Lumpur
QUOTE(MilesAndMore @ Jul 27 2012, 04:51 PM)
Do note that the above post doesn't apply to Bumi investors as the Bumi portion for AS1M is still available as of today.
There is a sales charge and it is not a fixed price fund. It is a normal unit trust product.
*
yup, forgot to mention that. Bumi still can get AS1M. All people can get ASN based on the queue.

Hi bro, so that means ASG is same as public mutual only? i saw the yield is quite good 5.5%-7% per year.
shakiraa
post Jul 28 2012, 01:30 AM

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QUOTE(cheahcw2003 @ Jul 27 2012, 10:15 PM)
ASN for bumi only
*
no they told me anyone can add on, just need to go queue up and wait. i can verify and repost again later.
shakiraa
post Jul 30 2012, 02:15 PM

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QUOTE(cheahcw2003 @ Jul 28 2012, 11:55 AM)
ASN. ASN1 = Bumi only
ASN3 = all Malaysian.

If wanna give info, must give complete info
*
thanks for clarifying

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