I got feeling something fishy here .. on previous mini budget 60 billion, gov ask Bank negara to reduce the intrest rate to 2.5% this is to make sure people are spending .. but lately 2 months, there are 3 funds has been launched which is more than 10 billion units .. which is more likely askig people to save

So what is the actual intention of gomen , spend money or save money ..

Next time go to Post office lah , they open at 8.30am , bank at 9.30 ..... that the reason within 1 huor difference will resulted all the non-bumi already finished before 12pm ..

Anyway i dont think investing asw is worth . .i rather invest in stocks ..


Hope fully it will no end up like EPF intreste 4%+

Wonder why everyone so eager to buy the fund ..

Dont you all feel soemthing is not right ..

In just few months , there have been 3-4 funds launch this year .. and the most weird thing , most of the fund the quota and the fund open for non-bumi .. i remember , during good times, u hardly get 1-2 funds offer by pnb for non bumiputra .. correct me if i am wrong .. and sudenly all the funds come out after our new PM take over ..

what ur target of percentage of return 5-10%? and why pnb needs so much $$$ for this year since they saying this year will be low profile investment ....

this year epf , the biggest fund in asia , also decalre only 4% intrest and based on 2008 performance ....

.. i dont felt like want to fund the gov with my money .. espcially all the issue happen recently .. kugan case and teoh death ..

i prefer to invest in stocks where at least i know where those stocks invested like pbb and genting ..

well the choice is urs .. is the 10% return worth on how the gomen treated the people .....

my two cents .. a concern malaysian ...

what is so special about this 1Malaysia fund with other existing fund?

the fund is 1Malaysia but still got quota 33% for chinese/15% indian ? shouldnt it open for any malaysian...

"Permodalan Nasional Berhad (PNB) is Malaysia's biggest fund management company" almost same par as Petronas , why PNB still not in world top 300 companies? even petronas is under top 100 ..

This post has been edited by MoonRider: Aug 3 2009, 11:23 AM

not sure whether it imposed to during selling as well .. if yest means u alrady lost 2% when buying+selling .. if they declare 4% at the end you may only get roundup 2%

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Added on August 3, 2009, 1:50 pmread it here http://www.asnb.com.my/Prospectus%20-%20AS1M.pdf

This post has been edited by MoonRider: Aug 3 2009, 01:50 PM

I will expect more fund coming out .. merdeka fund, hari raya fund, deepavali fund or even christmas fund ...

did you all aware where these fund going to invest? just within 6 months , already 3-4 funds launch , sukuk fund, asm , 1malaysia , asw 2020 ..

if pnb really good in managing the fund .. it will not required to offer so many fund ....

He already look bad .. i really want to see next year .. what will be the dividen for this fund and epf dividen also ..

Near my office not a lot q up for this fund .. my collegue said no more $$$ all invest in asw 2020 and asm

Dont think so fast finish ... if finish .. top headline adi in thestar online .. 10 billion units...