Going to all the bank is wasting time plus asking here is much faster
why all this bank don't put the info/details bout asb loan in their website(except rhb)

This is the only bank that i know provide asb loan:
Maybank
RHB
CIMB

anybody doing asw using epf?
it says here http://www.asnb.com.my/english/asw.htm
that


i think it says if you buy 2k of asw using epf, when you sell your 2k, the money goes back to epf.
my question is
what about the Net Distribution per unit (sen) ?
2k of for 6 months and a rate of 6.8%, I'd get roughly RM 68.
does that go to epf, or i can get my hands on them?

This post has been edited by ttwangsa: May 5 2008, 08:39 AM

if BN loses the country, what will happen to PNB and it's unit trusts ?

honestly, i think it would just go on normally.

The dividend also goes back to the EPF, because when it was first given, it's added up into the funds in hand.

Current BLR = 6.75%
So you subtract the BLR with the interest rate i.e. 6.75% - 1.25% = 5.5%
which means that your interest rate for second year onwards is 5.5% (but this will change when the BLR changes).

I think at this point all 3 banks (RHB, CIMB and Maybank) offer very similar rates for ASB Loan. Below is the one for Maybank. I can't remember the rates for CIMB though.

Maybank rates:
>RM50K : BLR-1.45% (first 3 years) & BLR-1.3% (subsequent years)
RM20K - RM49K : BLR-1.5% (first 2 years) & BLR-1.25% (subsequent years)
<RM20K : KPA-1.5% (first 2 years) & BLR-0.75% (subsequent years)

However, Maybank assured me that if we were to do an early settlement or cancel the loan (after 3 years), no fine will be imposed. Both other banks will impose a fine for early settlement or cancellation. I recently settled my ASB loan with RHB and they fined me 3 mths interest.

Yes you can purchase additional unit (if you are quick enough), since ASM have no individual limit.

Vargas, thank you. After waiting for so long, I'm glad to see your response,......

Hi guys, noobs here

if I say that..
I wanna buy some ASB tomorrow ( open new account )
is that possible? or it is not available anymore..



( btw, I'm bumi )

asb always available

http://www.asnb.com.my/english/asb.htm

Approved Fund Size Unlimited.

that means bumi can always buy (unless they change the rules)
but up to a limit of 200,000 units per person
(the stock is unlimited, but max is 200,000 per customer)

whereas some other funds
the limit is on the Approved Fund Size
but no limit on the person
(no limit per customer, can buy a lot, but depends on available stock)

nice

thanks dude

Recently ASN 3 Imbang and ASG got announce a promotion that with every purchase of 100 units, will FREE 2 units.

Anybody have go to the bank and ask for details or not ?

what type of government bond fund that non-bumi can buy? ASM, ASW?

Also, when are they selling it again? I don't get a lot of news of it.

This post has been edited by coolie: May 18 2008, 12:53 AM

YOu are right, non-Bumis can buy ASM and ASW for the fixed-price ones.

If there are additional units up for sale, they will announce it in the newpapers.

hi guys...want to ask how do they calculate the divedend?

say end of financial year 2008(December) they announced the interest rate is 10 percent. In January 2008 I put in 100k and 8k everymonth subsequently for 11 months until december(total money invested =188k).

so how much money in divedend will I received? will it be different if I put 188k cash on November 2008? thanks in advance

Err... Not sure what you meant as bond fund, ASM and ASW are mostly invested in equity and not bond. But ASM and ASW are fixed priced at RM1.00 if that is what you mean.

---

Added on May 18, 2008, 10:11 pmGenerally for fixed price PNB's fund (ie ASB, ASW, ASM) the dividend is calculated based on the average lowest monthly balance for the year. So it will be definately better to put 100k then 8k every month. In this case the calculation will be, assuming you put in the monthly on 1st day of the month, your lowest monthly balances will be:

Jan : 100k
Feb : 108k
Mar : 116k
Apr : 124k
May : 132k
Jun : 140k
Jul : 148k
Aug : 156k
Sep : 164k
Oct : 172k
Nov : 180k
Dec : 188k

Total all months :1728k divide by 12 months = 144k times dividend 10% = 14.4k

If you put 188k on 1st of December, then it will be 188k divide by 12 = 15.6k times 10% = 1.56k.

This post has been edited by vergas: May 18 2008, 10:11 PM

I c.... thanks bro!

Well , you just go to the bank and tell them that your ASB book has gone missing and they will issue you a new one

Sorry dude,i think this is not right. ASB normally gives return of about 7 to 9+%. Not 12% as u said. As a Public Mutual unit trust consultant , I would say go for unit trust because it always aims for a return from 12% - 15%, depending on your risk preference,time you buy,type of funds and economic perspective. For eg, as for now,fund such as Public Islamic Balance Fund which invest majorly in a crude palm oil companies such as SIME DARBY & IOI CORP is benefiting the Crude Palm Oil price rises. That is why it's NAV jumps quite substantial lately and is expected to last at least until JUne. I know this because I am also a Dealer Representative for a Stock Broking company

As for the info on the investment with PNB, I have copy & Paste the info here:

ASB
Tahun Berakhir 31 Disember 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 7.25 7.30 8.00
Bonus Seunit (sen) 1.75 1.25 1.00

ASN
Tahun Berakhir 31 Disember 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 5.50 5.50 6.25

ASN2
Tahun Berakhir 30 Jun 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit (sen) 5.50 5.00 5.20

ASN3(non bumi also can)
Tahun Berakhir 30 November 2005 2006 2007
Kadar Pengagihan Pendapatan Seunit(sen) 7.00 6.30 8.00

Just want to share with you guys. If anyone would like to know more about investing with Public Mutual,please contact me for consultation.No obligation to buy after consultation. You may contact me at countariza@hotmail.com.CHEERS!

This post has been edited by ameyati: May 19 2008, 07:14 AM

ameyati:

are you a Charted Financial Analyst?