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 AS1M, ASB, ASW,ASM,ASG,ASD

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Lawyer1
post Mar 30 2009, 03:11 PM

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QUOTE(darkknight81 @ Mar 30 2009, 01:14 PM)
Dividend are being reinvested. Unless you want to withdraw it.
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Right,... thank you !

Lawyer1
post Apr 17 2009, 05:22 PM

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QUOTE(vergas @ Apr 17 2009, 10:13 AM)
Does the ASW2020 and ASG still available for non-bumi?
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For ASW2020, it is not available anymore for Non-Bumis at the moment.

For the ASG, I think this is only for Bumis. Please correct if I am wrong,....

For the Fixed Price ones from PNB, only ASW2020 and ASM for Non-Bumis. Nothing else,....
Lawyer1
post Apr 21 2009, 12:17 PM

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I feel like taking out my 50K from Sukuk and putting into this. Is it possible to withdraw from Sukuk now ?
Lawyer1
post Apr 22 2009, 02:07 AM

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QUOTE(Tyogurt @ Apr 22 2009, 01:24 AM)
ya, you can do it online if u r account holder.. thru m2u > investment > asb unit trust...it just submit ur application online to asb, need to wait for application whether successful or not...
but i have not done it succesfully, i tried just now but cant get my TAC number...
try again in the morning to see...
so i din actually complete the whole process.. i can only share my info up to here only...


Tyogurt, I think for ASB - yes, can be purchased online from this week.

But not for the ASM and the ASW2020 yet.

I stand corrected if I am wrong in the above. Please highlight if anybody knows or thinks otherwise. I would like to purchase over Net too if possible. At least no need to waste time go queue-lah,.... hmm.gif
Lawyer1
post Apr 22 2009, 05:54 PM

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QUOTE(colins @ Apr 22 2009, 05:17 PM)
Am I correct to say that one can only invest up to a LIFETIME maximum of 20,000 RM/units until ASN announce increment? Tx.
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No, the 20000 RM/units is the limitation imposed on every issue date, ie you can always buy and buy again, but subject to the limitation announced at the time of issue.

Therefore, you can accumulate your units more and more, greater than 20000 RM/units.
Lawyer1
post Apr 22 2009, 10:54 PM

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QUOTE(Kamen Rider @ Apr 22 2009, 07:12 PM)
so look like everyone is grabbing as much as they can....

as read thru this thread..., some one has few hundreds thousand units in this scheme....

wonder.... the funds keep on growing....wonder why... , any risks when the funds become bigger and bigger...

btw... how many % of your porfolio into this ASM/ASW 2020 etc....

smile.gif
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One very sure effect would be the amount of dividend per share/unit (DPS or DPU) would decrease over time, since there are many units out there, and dilution kicks in. Perhaps one day, it will not be worth to invest in this fund anymore.

Lawyer1
post Apr 22 2009, 10:58 PM

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QUOTE(colins @ Apr 22 2009, 06:17 PM)
Thanks. Lets say for the ASW2020,  that means I can buy 20k on 27 April, and then after 7 May (launch period) I can buy as much as I want (if units are available)?
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Yes. And on the next issue, you can buy again provided you keep within the purchase limit. So yu can keep accumulating the units.
Lawyer1
post Apr 24 2009, 05:46 PM

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QUOTE(MilesAndMore @ Apr 24 2009, 02:47 PM)
Yes.
Yes.
Which investment are you talking about ? ASB ? ASW2020 ? ASM ? ASD ? For ASB they will credit the dividend + bonus to your account in January every year. As for ASW2020 and ASM, i heard they will send out the cheque ... They will not credit the interest into your account because no more unit is available. So they will give you the interest earned in the previous calender year in the form of cheque, so i was told.
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For ASW2020 and ASM, the dividend is ALSO RE-INVESTED in the form of you getting additional units.

If you wished to get the money, you will have to go to the bank or any agent with your passbook and sell-off the units.

I personally hold ASW2020 and ASM units.
Lawyer1
post Jun 26 2009, 03:08 PM

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QUOTE(winner @ Jun 26 2009, 09:01 AM)
It's unbelievable that all Bumi allocation units have been fully subscribed. You may have a try at other banks and update us. smile.gif
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Yeah,... same idea here,... unbelieveable that ASM has finished for Bumis. Please check again and would appreciate your kind update here. Thanks again.

Lawyer1
post Jul 11 2009, 03:28 PM

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They are launching Amanah Saham 1Malaysia trust fund. Is it fixed price or variable price ? Any details please ?
Lawyer1
post Jul 11 2009, 03:42 PM

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QUOTE(Irzani @ Jul 11 2009, 12:26 PM)
Is it hard to get the money if the account holder died? Take years? hmm.gif

Thanks
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No, the holder must have had a will done up prior to being deceased. Then the person named in the will will be able to get hold of the money. Many people have had problems because of this !
Lawyer1
post Jul 12 2009, 06:55 PM

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QUOTE(Irzani @ Jul 12 2009, 11:51 AM)
What if there's no will? Freeze forever or they'll still release it but it will take a very long years?  shocking.gif
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Without a will, they will still release, but based on Muslim laws if the deceased was a Muslim. It's called Faraid.

Lawyer1
post Jul 16 2009, 09:48 AM

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People,...... think first before you buy,.... Always remember diversification ! Don't put everything into one basket.

I sniff a danger here - gov't wanting so much money from us. ......
Lawyer1
post Jul 19 2009, 07:54 AM

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One theory : ASM may go bankrupt but ASB remains intact ! Be careful.
Lawyer1
post Jul 19 2009, 04:54 PM

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QUOTE(snowcrash @ Jul 19 2009, 03:57 PM)
dreamer101,It's easy to stand on the sidelines & question people about their alleged lack of knowledge with random questions & CRAZY CAPITALIZATION. There is always incomplete information driving any market - it's why we have a lucrative consultancy industry.

Now, if you have any actual arguments (or even better, evidence) as to why PNBs implicit govt guarantee is not believable, please present them & live or die by the weight of your arguments. If you're just gonna sound like some crazy irrational OMG TEH GOVT IS GONNA ROB US!!!!! conspiracy theorist with snide asides about how everyone else is a sheeple while you're the lone proud Doubting Thomas, sorry, but those questions you like asking everyone else about WHAT they know & WHO are they to recommend to others? Ask and answer them for yourself first.

In short, dreamer101 (& to a lesser extent, Lawyer1), put up or shut up.
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Snowcrash, if you noticed, I have been quiet. If I am quiet, you are the one to loose, NOT me. I believed I can give you valuable advice, for free, that you may need to pay for otherwise. I have, many a time, in this forum, advised people for free.

Now you have hurt me - I will think twice if I ever open my mouth again. Thanks to snowcrash, others may not be able to get any advice anymore.

By the way, regarding my theory earlier - it's just a theory, and I did not elaborate further, and do not wish to do so. I too invest in PNB's funds.

We should thank Dreamer for his opinions - they carry weight, that's all I wish to say.

Snowcrash again, you do not need to use such harsh words as in asking people to shut-up, this is just a forum, if you are not happy, just keep quiet-lah,.... Don't join the thread, and no need to be rude. Have some manners when participating in a forum.

I am disgusted by that sudden remark !!!!!
Lawyer1
post Jul 19 2009, 07:43 PM

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QUOTE(snowcrash @ Jul 19 2009, 05:36 PM)
Lawyer1, so far you've not given any evidence or even reasonable speculation to back up your prior posts. You just come to a public forum, say X is gonna happen and don't offer ANYTHING to support it.  I am merely asking you & others to back up your statements with something more than what you have provided. Even reasonable speculation or guesswork would be better than the random drive-by commenting of your last post.

BTW, 'put up or shut up' is a metaphor. I cannot (& even if I could, I would not) silence anyone in a public forum. But I can call them out if they're statements are devoid of any supportive reasoning.

As to your being hurt and or disgusted, it's a public internet forum. Expect to be criticised & kindly build up your tolerance. Frankly, if my previous post has led to you stopping your unsupported statements, I reckon that I've done 'others' a favour. If you can't be bothered to elaborate on your theories, don't fault others when they can't be bothered to take you seriously.

I ask again out of common interest & courtesy - would you like to elaborate and support your own theories?
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NO.

NOT AFTER YOU PARTICIPATED. Otherwise, I would have contributed by helping to read the Prospectus and to interpret the legal and accounting terms inside. I might even go a step further by helping to interpret the latest financial report or to ask for further clarifications from the fund managers.

And all for free !!!

Like I said, you have indeed done others a big favour here, and saved me a lot of voluntary work. Since you chose to tell me off, why should I do all this work for you ? And for free too ?

That's all I have to say, don't talk about tolerance here, I am in the legal industry, I am here to help people and to win when I think an individual or an entity is in the right when up against another. I do not practise tolerance when I have to fight for another, or to help others, be it in with any mechanism or in any environment - forum, chambers, etc.....

Forget it-lah,.... you talk a lot,.... Next time,... want people to elaborate, ask nicely-lah,.... don't use metaphors ! Don't tell people to build-up tolerance. And then ask people again out of courtesy,.... What nonsense !

I wanted to give out things for free here, but you just screwed-up this initiative of mine.

Nothing more to say,....

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