I think people are confused with this carry forward thingy. 2.2 sen carried forward to the next financial year does not translate into an absolute amount. Yes such funds retain its intrinsic RM1 value but every time dividends are disbursed, the unit in circulation "increases" due to the fact that all dividends are reinvested automatically into an account holder's account.

So, 6.6 cents for 2013 may cost PNB/ASNB say 950million but to have the same 6.6 cents for 2014 when the fund has somehow "organically" grown due to dividends/compounding effect may cost more than 1billion. That's why I believe that when say 2.2 cents is carried forward, it does not absolutely translate 1 to 1.

Also, it isn't necessary that when a portion of the returns is carried forward to the following year, it'll be used in that particular year. PNB/ASNB is known for it's so called mantra of "consistent and competitive" returns thingy it may have been allocated to a "pool" that will be used when the next economic cycle comes into play.

Given that economic cycles "seem" to come in 7 to 10 year cycles and the last one was the great financial crisis of 2008, I'm of the opinion that whatever savings brought forward could easily be used up during an economic downturn given the fact that the fund sizes are huge (mostly in billions) and also the fact that whatever happens behind the scenes, PNB/ASNB is required to honour the RM1 valuation even IF the actual NAV for funds during an economic crisis may actually be less than RM1.

Just my 2 cents...

Assume ASM didn't generate any income in FY15, ASNB can declare 2.07% dividend based on 2.2% c/f sum

Wat I meant was if investors keep 2.2% this year, they won't receive same % next year

Althought PNB didn't give out a return as what has been expected by many over here which is at around 7%, we should still be happy with the dividend rate that they have declared as its still higher than kwsp's rate. So yeah I guess we should be happy with it.

ASB2 yang bakal menjadi dana ke-12 diuruskan PNB menerusi anak syarikatnya, Amanah Saham Nasional Bhd (ASNB) itu, disasarkan kepada generasi muda dan pemegang unit saham Amanah Saham Bumiputera (ASB) yang sudah mencapai had maksimum pelaburan

Kami menjangkakan kadar akan ditawarkan adalah normal, tetapi tetap memberi pulangan pelaburan yang baik kepada pemegang unit. Kami juga masih mengekalkan imbangan antara risiko dan pulangan untuk ASB2

u know what category is that? young, city dwellers who are likely opposition voters 

what is frustration that such benefit again not entitled by the non-bumis...

it has been a very frustrating month for me to keep trying then get only so limited units..

Yape, i try when i am on the move outside since the work is always needed me to go out all the time..

I really hoped that there are some miracles that there would be new fixed price funds to be launched for the non-bumi to participate also..

I give up to try for this month and hope that the next month will have brighter chance.. 

I manage to get 1k at one shot. This is after several times of trying over last 2 months. Thank u for whoever that sell the 1k as1m non-bumi lot.

Dont give up as sometimes u may have luck.

mind sharing how much you have in total?
i have about 90 for 2020

Congratulation!

You got them today - Saturday?

Cheerio.

I suppose transaction done earlier but report today

Enjoy your Rm70 a year

lol yes.. that's even assuming 7 sen.. and that is a whole Rm34 a year more than FD... about Rm2.83 a month lol

Got RM800 for my ASM this afternoon. Finally.

K-JAT.

Very good. You passed the test. Ha. 

My "K-JAT" = kidding - just a test.

Cheerio.

Guys what does biomatrix means? Usually when i go withdraw money from asb i just take and fill up the forms & take the number myself, i don't bother the staff standing there. But today when called my number the person behind the counter ask him did i do my biomatrix already downstairs??? What is this, sound like a maths test??? Dont tell me now when need to draw money from asb need to do a test???

Perhaps they can skip the time for launching the ASX fund programme multiple times?

plus they don't have to process the passbook one at a time, just randomly picked one and then tried...since most of the time won't have any units...they can just try for the first passbook and skip the 2nd,3rd,4th,5th,... passbook by telling those customers "tak ada unit lah~" (assuming all the passbook is trying for same fund)