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 ASN, ASN2, ASN3, ASG, ASB, ASW2020, ASM, ASD, AS1M, AMANAH SAHAM NASIONAL BERHAD V5

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backspace66
post Mar 10 2014, 08:54 AM

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QUOTE(wil-i-am @ Mar 10 2014, 08:45 AM)
How many unit holders hold > 200k units?
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There is no category for 200k and above. There is a category for 500k and above, more than 14000 account holder with higher than 500k
backspace66
post Apr 2 2014, 05:45 AM

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now i am a bit sceptical of this ASB2, mixed asset vs equity. ASB2 almost got no hope of matching up to the returns of ASB. They're probably forced to do this as KLSE is around it historical high.
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post Apr 2 2014, 02:45 PM

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QUOTE(cheahcw2003 @ Apr 2 2014, 11:43 AM)
ASNB's funds always mixed assets, i.e. Equity + Fixed price instruments + Cash
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Thank you for correcting me. I have further scrutinize the prospectus and found out the maximum allocation to equity is 90%. For the past 3 year ASB has always allocated more than 70% towards equity
backspace66
post Apr 9 2014, 01:21 PM

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QUOTE(plumberly @ Apr 9 2014, 11:55 AM)
Thanks, Sifu.
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only savings in banks protected by PIDM is capital guaranteed. Maximum is just 250k though.
backspace66
post Apr 13 2014, 07:46 AM

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QUOTE(Sarah Jessica @ Apr 12 2014, 08:23 PM)
I heard ASB2 loan would be offered soon  hmm.gif
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yes , they start offering this loan starting from 15/04 for maybank. RHB and CIMB i am not so sure.
backspace66
post Jun 21 2014, 02:30 PM

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QUOTE(lucifah @ Jun 21 2014, 10:43 AM)
i am reserving my judgement on ASB2 until their first dividend payout next yr
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Worse come to worse it would have the same dividend as AS1M and ASW
backspace66
post Jun 21 2014, 03:02 PM

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QUOTE(lucifah @ Jun 21 2014, 02:34 PM)
it may be worse than that. there is no guarantee yet
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I dont think so. Simple reason is, this fund was setup because of Najib, supposedly want to win the hearts of bumi middle class. Giving lower dividend rate will definitely contradict his initial intention. Jibby also will lose face if the dividend is lower than AS1M or ASW.

This post has been edited by backspace66: Jun 21 2014, 03:21 PM
backspace66
post Jun 21 2014, 03:27 PM

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QUOTE(Berkshire Breakaway @ Jun 21 2014, 03:11 PM)
i have heard of it before, i know you can make more money with option 2
but no i have not done ASB financing before. i max out out my ASB, i park it there, the excess cash put into ASW and ASM. but non ASB not much lah, very little compared to you guys. i cashed out a lot when buying my car.

you see, my maths is bad (i think many ppl from /k/ know that by now), these calculations confuse me and i get very frustrated easily even though i know the returns would be slightly higher.
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Even better option is to get the money from home top up loan. Try to unlock your home equity as much as you could and put it in ASB. This is better option for people who already own a house for the past few years, since housing prices has appreciated so much, might as well try to utilize it. Other than that, generally home top up loan is cheaper compared to ASB loan package that i have seen. BLR - 2.4 vs BLR - 1.6. The only disadvantage is the tenure which is max 10 years for home top up loan due to current bank negara policy. ASB loan can go max 25 years

This post has been edited by backspace66: Jun 21 2014, 03:32 PM
backspace66
post Jun 21 2014, 05:12 PM

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QUOTE(wil-i-am @ Jun 21 2014, 04:30 PM)
Benchmark for ASB2 is average 5 yrs MGS yield which is around 3.65%
ASNB can declare somewhere between 4% to 6% n announce it manage to beat d benchmark
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benchmark is one thing, like i said before, there is a lot of stake in this especially for Jibby. It is like when someone say that they want to help by giving a good investment opportunity, but gives a lower rate than FD(an example only lah)
backspace66
post Jun 23 2014, 05:11 PM

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QUOTE(Berkshire Breakaway @ Jun 23 2014, 04:02 PM)
actually i composed the original message on my laptop last friday - not the day i posted (which was sunday)
that time was very panas - don't know why i did not revise it before pasting it onto forum last sunday tongue.gif
my identity card already show her lah, it has a christian name although got state bumi.
actually i also syiok sendiri lah, i only yelled at her, just exaggerating a bit, don't have that much balls to shout so loud. i am a professional not ah beng okay?
the manager was very apologetic and seemed very competent - made me feel kinda bad in the end
so i told to him it is okay no big deal just that he needs to train his staff - he said he would take action
however the staff was really not qualified, her english was also very bad. i wonder if these graduates really pass their exams or just bribe their way thru. i almost asked if she's from UITM - but i controlled myself tongue.gif
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i am not from UiTM, but I don't like the way you talk about UiTM. No need to show condescending attitude over here. I am not trying to bash you. I can sympathize with what you are experiencing over the counter last week. But your attitude is just doh.gif
backspace66
post Aug 1 2014, 11:26 AM

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Remember that personal loan is under flat rate not reducing balance interest which is applied for asb loan. If u want to compare apple to apple, multiply the flat rate interest by 2 before comparing ok.this is just a general guideline as the multiplier changes with loan tenure, but u can use 2x to be safe
backspace66
post Aug 25 2014, 03:45 PM

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fixed price product from PNB cater to different needs. Remember PNB fixed price can be considered equal to saving account except much higher interest and no PIDM protection. When recession comes , there will be a lot of people having difficulty to service their loan and this is the time that they need to tap in into their "saving".

UT doesn't provide that stability as essentially during a market recession, you probably have already lost 30-50% of your investment value compared to the peak of your investment value in UT. I am not against UT. I do invest in them through EPF and i also invest in ASB, AS1M & the stock market. But i do safeguard my investment in UT (through EPF) by being ready to switch to a money market fund or bond during the recession

This post has been edited by backspace66: Aug 25 2014, 03:47 PM

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