Damn..

even if there's no cap, i don't think anyone would dump all the money inside since it has yet to show its returns

i am skeptical. the ASB2 might only share the name with ASB, but the returns maybe in the range of AS1M, ASW and ASM. if that is the case, i'd rather stick with these 3 funds which have proven record over the years

maybe will advise my client to dump 50k and see how it goes from there. tomorrow is a holiday. tuesday maybe some bankers will gather information. maybe by friday i will go and have coffee with them and seek their verdicts

No worries bro, ASB2 will be available soon (maybe next month). The details of the fund also not out yet. Wait for the "official" announcement from PNB

A total of 612,875 holders hold more than 50,001 units & above in ASB @ 31/12/2012
Most likely this group of holders will subscribe to ASB2

Correct also what you said. Who knows the return maybe like ASD

But this is ASB2 launch by PM Najib, I think dividend would be Above those 3 fund but lower than ASB

Amanah Hartanah Bumpiutra (AHB) is also launched by PM. the dividend is about 6.3% only

and worse, AHB's distributed dividend is not re-invested. instead, they place it in your personal account. so unless you transfer the money manually, you won't see the money grow at all.

PM is variable pricing -v- ASB is fixed pricing
If compare variable pricing alone, PM is d leader

If m not wrong, AHB is similar to REIT
There is a limit on how much REIT can earn as compared to equities

they are somewhat related. it is managed by Maybank. not a PNB/ASNB product. but gives very good return if compared to FD's

I don't go into details. Just treat it as Mutual Fund companies.

I cannot comment about AHB. I don't have the Annual Report. Google about it also no use

if not reinvestment, then the money won't grow thus no use investing in it

But ASB & others fund always reinvested, so no worries about it. The only worries is the dividend rate

ASW used to issue dividends with cheques. only recently, it is automatically re-invested.

Recently? I thought already 6 years they do reinvestment

I beg to differ
Both AHB n other ASNB fixed pricing products gave reasonable dividend rates
The oni difference is whether the returns is compounded or not

well, it was launched in 1996. for 10 yrs, cheques were issued. 6 yrs ago is quite recent to me

I've no problem with the dividend rate. Anything above 6% is good.

What I mean was that if got reinvestment better, because the money would "grow" automatically. Don't need to think much.

If the money return to us, we need to think where to "dump" the money & make it grow bigger.
Lucifah was saying, need to manually do reinvestment by transferring the money from your personal bank account to AHB.

My definition of "recently" differ with you. For me "recently" is few months or 1-2 years

At least AHB can b compounded (later) if perform manually

the dividend is paid bi-annually

it's a hassle to maintain this fund, so i skipped this one. actually, i tried it with 100k investement as the maybank manager promoted it to me. left it for about 2 yrs before i remember updating it. all dividends are parked in savings account, which yielded me only like 0.5% interest.

Do they post the annual report online?

Searching in Maybank website about this fund, I still cannot understand it

This post has been edited by davinz18: Sep 16 2013, 12:02 AM