Gud for u Even small amount, it's better than nothing.
Heard the malay proverb "sikit2 lama2 jadi bukit" or the latest thingy "sikit2 lama2 jadi diamond"

Now I'm confuse wat u trying to say. "the aunty at counter say i cannot withdraw now cause my money will be lesser than what i just deposit 5mins ago" What she mean by that?

Anyway the 5% is when u buy the units, not annual fee. It's Sale charges.

What she trying to say is if keep for longer period, then u can get some profit. because it's variable pricing fund, u can make some profit when the price move upwards. that's why need to keep for few years

It's because price (NAV) is 1.2078/unit. So if u deposit rm10k, u need to divide the amount with NAV to get the total units. in passbook don't have $$, only units. in the passbook only got 8k units

the staff should inform u all the proper detail 1st.


ASM & AS1M are sold-out for non-bumi. so u cannot open the new account.

The staff should have told u before opening the asn3 acc for u.

what u can do is make an official complain to ASNB, telling that the staff "cheated" u by not providing proper explanation & details about ASN3 products.

Permodalan Nasional Bhd (PNB), via Amanah Saham Nasional Bhd (ASNB), has declared an income distribution of 6.90 sen per unit for Amanah Saham Nasional 2 (ASN2) for the financial year ending June 30 2014.

The amount is slightly lower compared with the income distribution of 7.1 sen per unit announced in the previous year, PNB chairman Tun Ahmad Sarji Abdul Hamid said.

He said the income distribution for the financial year ending this June 30 would involve a total payment of RM18.77 million, an increase of 48.9 per cent compared to RM12.61 million paid out last year.

Overall, Ahmad Sarji said the fund, ASN2 performed well throughout the financial year ending June 30.

Up to June 24, he said, ASN2 recorded a gross income of RM22.06 million. Dividend income from investee companies contributed RM7.36 million or 33.4 per cent of gross income, while profit from the sale of shares contributed RM13.50 million or 61.2 per cent.

The remaining RM1.20 million or 5.4 per cent was derived from other investments, Ahmad Sarji said.

This post has been edited by davinz18: Jun 25 2014, 04:18 PM

wrong calculation

8k units x 6% = $480/NAV = Total units in passbook 2014

for 2015,
balance units in passbook x 6% = $xxx/NAV = Total units in passbook 2015

for 2016,
balance units in passbook x 6% = $xxx/NAV = Total units in passbook 2016

6% is juz assumption only. NAV depend on market condition that time (can check on ASNB website)

PNB President and Group Chief Executive Tan Sri Hamad Kama Piah Che Othman said the portfolio performance for the ASN2 was very encouraging and exceeded the key performance index set for it.

However, he added that looking at the size of the income, ASN2 had the distribution capacity of 17.5 sen this year, but only 6.9 sen was distributed with the balance reserved.

"We are reserving more this year to allow the fund managers to strategise the long term investment to ensure a sustainable income for the unit holders," he said.

then why the CEO said like that?

OT
do u think next year got any "huge" correction @ market crash? juz worried by looking the funds c/fwd "substantial" amount to next financial year

Yup, I also heard same thing. Those fixed price funds are not affected, Only Variable pricing UT got 6% gst

I think PNB is expecting some "correction" in the market next year. u see now the KLCI almost highest level (with some "small" correction in-between). They expecting not to make much money thus using this year "reserve" profit to cover & maintain the 6sen+ divvy for next year.

u need to be very patience when "trying" to persuade the staff to "help" u open the account. If the staff insist no units @ don't want to help then u got no choice but to try another branch/place. u got free time so u better take this opportunity to "try" your luck opening the account.

congrats bro

Why the lady like that. for god sake people doing transaction, she come & "disturb" at the counter If I were u, I told the lady to wait for her number/turn & juz don't disturb others in counter

Gud for you
Heard the malay proverb "sikit2 lama2 jadi bukit" or not so latest one "sikit2 lama2 jadi diamond"

u need to join the UT inheritance thingy offered by ASNB
http://www.asnb.com.my/amanah-pengisytiharan.htm




Mengapa ASNB tidak mengadakan sistem penamaan yang lebih mudah seperti KWSP dan Tabung Haji?

•Berdasarkan undang-undang Malaysia, unit amanah dikategorikan sebagai harta persendirian seperti saham- saham syarikat. Oleh yang demikian, pewarisan unit amanah adalah tertakluk kepada undang - undang probet dan pentadbiran di mana pentadbir atau wasi yang dilantik oleh mahkamah sahaja yang boleh menuntut harta si mati.

• Situasi ini berlainan dengan Kumpulan Wang Simpanan Pekerja dan Lembaga Tabung Haji, di mana kedua-dua organisasi tersebut ditubuhkan di bawah akta masing- masing yang mana akta-akta berkenaan mempunyai peruntukan khusus yang membenarkan ‘penamaan’ dilakukan secara terus.

forgot to ask u yesterday.
the 1K+3K+1K for AS1M u got at same place/agent or u went different place & timing?

that mean there's a lot of units available that time.
we actually cannot predict the units availability. Sometime alot of units but not enough money that time.
Sometime got money but no units available. we go back frustrated

it's unavoidable for all

Fundsupermart
https://forum.lowyat.net/topic/3186068

why not try ASB2

ASNB fund are for Individuals only

This post has been edited by davinz18: Jun 30 2014, 05:28 PM

Nope, cannot transfer ownership to company name