Looks like ASB2 is very timely for those who have utilized the max limit of ASB

1. very happy
2. provided is fixed pricing
3. will consider
4. right here waiting

That's One of the reason for ASB2, others are for "funding" Mega Projects & Upcoming Mega IPO

IF really PNB launch new fixed price scheme, I think the same old "crap" excuses / Negative perception when AS1M launch few years back would appear again

It's always like that.

Also one thing I realized, ASB & ASW don't list full their investment in Bursa. They would only list the top 20 only unlike ASM, ASD & AS1M

This post has been edited by davinz18: Sep 15 2013, 03:54 PM

i can say not going to happen. And my opinion giving this ASB2, and let say profiting bumi, keep in mind that ASB is not even max up or even have by every single bumi, so the profiting bumi statement is not valid, even other fund is not fully filled eg ASM, AS1M, there must be something happen inside. Eg, hidden crisis such as not enough funds to cover up OR just to "pleased" EVERY SINGLE investor heart that their management is running well aka "pill penenang hati". But we don't know, just my personal opinion.

or on the bright site, they wish to have bumi 100 % 8 PA profit, and letting go all the quota status in ASW, ASM, AS1M, so that can be said that bumi = ASB/ASB2
non bumi = ASM/AS1M/ASW2020.....

No, i thing the crap will not happen again unless all ppl are brainless after the same incident happen again....

I think ASB already very2 "big" & cannot take anymore funds. Someone told me there's a risk that 8% dividend is not sustainable in long run

About the "crap" thing, we cannot say. Sometimes people are irrational, follow other people advice & hear rumours from their "financial advisers"

Those who give 'crap' comments won't invest at all
Oni those who xperience d beauty of ASW2020/ASM/AS1M will invest. Some may 'Show Hand' too

ASB/ASW obtained special xemption from SC not to disclose it's full investments

Yup, those who gave "crap" comments are mostly directly & indirectly effected IF new fund are launch. They the one who spread the negative rumours last time. How I know? because my auntie told me her "financial adviser" told her not invest

Oh like that. No wonder when I see the Annual Report, they don't have full list like ASM, ASD & AS1M.

ASB got 7.82 million unit holders which hold a total of 110.2 billion units as 19 December 2012.

ASB has recorded a gross income of RM8.54 billion. Dividend income from investee companies contributed RM4.80 billion or 56.21% of the gross income. Meanwhile, profit from the sale of shares contributed RM2.68 billion or 31.38% and the balance of RM1.06 billion or 12.41% derived from other incomes.

http://www.asnb.com.my/english/news/asb_distribution2012.htm

Units in circulation for ASB is 121.57 bil units @ 31/5/2013

It's getting bigger by the month. Just 5mth already increased by 11.37bil units (from 110.2 billion as 19 Dec 2012)

This year end sure reach 140Bil units

Statistics for ASB
Info xtract from Prospectus
16/6/2005 - 42.0 bil
31/5/2006 - 48.62 bil
31/5/2007 - 53.52 bil
31/5/2008 - 60.02 bil
29/5/2009 - 67.12 bil
31/5/2010 - 78.88 bil
31/5/2011 - 91.87 bil
31/5/2012 - 103.62 bil
31/5/2013 - 121.57 bil

2012 - 2013 period is the fastest

Anyone knows when ASB2 is open to public? Will be on leave next Tuesday and Wednesday. Shud be excellent time to open it..

ASB2 is created to make those already rich (>RM200k ready), even richer

The biggest private mutual fund in Malaysia is Public Mutual Fund, the total 50 funds that managed by PM is even less than RM50bil, which is < 50% of ASB.
Not to talk about other funds that managed by PNB such as ASW/ASM....and ASG/ASN1/ASN2/....

Enjoy your annual leave, I don't think it will be launched within a week.

For ASB2, since the fund size only 10bil, I believe PNB would put a cap on individual max limit.