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

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soul2soul
post Mar 7 2012, 05:00 PM

To the end of suffering!
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From: Manussa loka


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
soul2soul
post Jun 19 2012, 10:13 PM

To the end of suffering!
*******
Senior Member
5,640 posts

Joined: Feb 2005
From: Manussa loka


QUOTE(Davez89 @ Jun 19 2012, 09:57 PM)
then what should I do? I will need to wait for them to announce new units to release only can open?! oh my where do i park my money at the moment >_< and if I were to open an account the same day wouldnt it be a hassle? since many ppl will be queuing to buy them~ and god knows when that day would come... oh mai I want to open one account so badly.. any idea on how to open one the easiest way out?
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If you are not sure what to do, put it on 1 month fd auto-renew. Don't get much but at least you retain some value of ye ringgit
soul2soul
post Jul 15 2012, 10:21 PM

To the end of suffering!
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Senior Member
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From: Manussa loka


QUOTE(guy3288 @ Jul 15 2012, 08:28 PM)

However as for the real bonds, you wont get less. LIke the PBB Bond, it is fixed -you get the 7.5% pa return, year after year. Better still is, even the  bond price also increase (good demand now) so if you sell now, you can get back more than your original capital of 250k.

Best time to buy Bond is when bank interest rate is low. When bank interest rate is very high, bond is not in demand.

Lock in period, yes for real bond. OSK is 5+5 years. PBB bond is 50 years if you look at the maturity date on the paper!!
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How do we purchase direct bond from Public bank?

Walk into the bank and tell them or need go through certain agents?

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