as far as i recall, all three amanah saham gives similar return this year

maybe the difficulty in obtaining the fund as non-bumi quota is finished...

ASM - 6.8% + special dividend
AS1M - 6.7%
ASW2020 - 6.7%

I see. Thanks.

ASM is slightly better.

Cheerio.

That's what I'm confused about.. So I'm partially bumi for ASB only or for all ASNB except wawasan2020..

Maybe due to quota
ASM - No
ASW2020 - 51% bumi n 49% for all
AS1M - 50% bumi, 30% chinese, 15% indian n 5% others

Suggest u walk in to any ASNB branches n obtain clarification

Thanks.

My brain cells are new to these ASX. I can't see the reason why no one / few people are selling ASM because it has no quota.

I may be overlooking something as clear as night and day! Ha.

Cheerio.

Hope that you can help me with this.



AA
Stated up to 90% will be in shares. During a recession, the AS1M will take a hit with the drop in KLCI and prices. Suppose they spent RM10 billion in shares and due to the recession, the share prices dropped to RM6 billion.
* suppose Joe has 50,000 AS1M units, will Joe's RM50,000 worth of AS1M units drop to 6/10*50,000= RM30,000 due to the recession?
* as the unit price is fixed at RM1, then Joe should still be able to get RM50,000 on selling his units during/after the recession. Right? If this is right, then where does ASNB get the money when it's actual real worth has dropped due to the recession?

BB
Stated "designed to preserve the capital of AS1M". So is it capital guaranteed?

Thanks.

hmm i googled about ASNB branches why the result only 1 per state?

If I remembered correctly the Equity portion is around 70% (2012 report).
AS1M is fixed price fund, no matter what the actual NAV is, we still get back at rm1/unit. Where they get the money I don't know.

Bro, you thinking too much, just enjoy your yearly dividend (if you invested in the fund)

Most state only got 1 branch. Selangor, Perak, Penang, Johor got 2 branch. Sabah & sarawak got 3-4 branch

http://www.asnb.com.my/branches.htm

Thanks.

Thinking too much? Ha. I want to put in more but I need to satisfy myself on the "doubts/concerns" I have in my head. Do my due diligence and hopefully I can sleep better and also get better returns. Ha.

Cheerio.

Sometimes too much "doubts/concerns" can "hurt" your mind
The fund not easy to get, It's already sold out. If got people withdraw maybe can get some units

Are you sure no seller for ASM? i just got RM2000 x 3 on 29.10.13 for that ASM

Wah! Good for you. Wish I have a tiny drop of your luck when it comes to topping up the ASX.

Good to know that there are sellers and buyers in ASM, AS1M & ASW2020, among others. That is, no hidden reason why people are dumping one ASX.

Thanks for your sharing.

90% is d mandate
In actual situation, they won't invest in equities up to 90%. Actual portfolio depends on a lot of factors
The annual dividend is from d combination of current year profits n cumulative profits b/f
AS1M is not capital guarantee. ASNB fixed buy n sell price @ RM1/unit oni

U r doing d right thing b4 investments

Thanks, sifu!

Went to MayBank, kosong. Again!

Decided to go to the Post Office as tomorrow will be a holiday anyway.

Luck was on me this time. Got some for all the 3 (ASM, AS1M & ASW2020, total RM2000). The lady there was very helpful, checking for me numerous times. According to her, ASM has the most sellers (though I find it hard to get any).

Good to see friendly and helpful staff like the lady at the Post Office. Sorry, I did not get her name. Will do so the next time I go there.

Wonder why they need multiple purchases instead of one lump sum (e.g., 100+400+500 instead of one 1000). Can anyone help to clarify?

Thanks.

Since you managed to get such a helpful staff, must belanja her next time.

Gud question
Unfortunately no specific answer to yo question
I wud say Timing