Nope. Confirm 100% cannot.

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Added on March 4, 2007, 9:55 pmBro,
ASB max unit you can buy 200k. For ASW, as long as you have $$$ you can buy/invest. subject to unit available.

This post has been edited by kriel: Mar 4 2007, 09:55 PM

Answer is yes. Since you are an adult already. but my advice, que early to avoid disappointment. last time gone in 1 hour if i'm not mistaken.

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Added on March 9, 2007, 6:39 pmif you are buying in the agent, i dont think the accept check unless its house cheque. only option is bankers cheque and i know that @ PNB branches does accept that.

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Added on March 9, 2007, 6:49 pmgoodluck mate. try queuing yourself @ pnb building with your bankers cheque. as early as you can. NEVER EVER redeem your FDs in case you fail to get it since you loose both ways. Based from a simple calculation, only 16,000 people will be able to buy if everybody max out their entitlement of 50k. There are more than a 1000 agent so choose your agent wisely..

This post has been edited by kriel: Mar 9 2007, 06:49 PM

both are around the same. 6 to 7% on average. couldn't remember lah bro.

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Added on March 10, 2007, 9:47 amAs mention above. Around 6-7%. Year end is 31 August for ASW unlike ASB which is 31 December.

MAX limit for ASB is still capped at 200k and never 250k. It only apply for your investment and doesn't include your dividend/bonus.
Eg. if you invest 190k and your dividend is 19k, your balance will be 209k. next year you will earn you dividend from 209k. its accumulative and will never stop earning interest. same concept applies to all ASNB unit trust fund. I knew some people has more than 200k because of their compounded dividend earned over the year. Wish that could be me.

Bro, further info you can ask the ASNB people. they are friendly lot.

This post has been edited by kriel: Mar 10 2007, 09:49 AM

Yup. no problem what so ever.

adding up? If i'm not mistaken, you can buy units up till 200k as their system has some mechanism to allow it until 200k. go and asked any ASNB branches to know your available balance(how much you an still buy) since you couldn't keep track of how much you have bought. btw where are you?

As far as i know you can't do transfer between non ASNB agent to any ASNB unit trust. i.e. account from public, alliance, ambank, eon etc to ASB, ASW, or ASM. Between agent it can be done if you have account in maybank, cimb and rhb.

If you don't have any account with ASNB agent, my advice is to buy bankers cheque. ASNB branches do accept bankers cheque. They have branches both in KL (Jalan Tun Razak and Shah Alam). If you don't want to go to ASNB agent, go to agent. NEVER EVER bring large amount of cash to the agent on monday as those people with bad intention will have a field day.

good luck.

no prob man. just giving some knowledge that i know only.

If your mum wan to sell the units, ASNB will buy the unit back from her and she will get the money immediately i.e. there and then. Its just like withdrawing from your saving accounts. Only that you have 4 agents i.e maybank, cimb, rhb and pos to sell the unit. if she want to withdraw big amount, go to the bank. safer.

My advice; hold any ASW/ASM unit that you/she have cause there are thousands of people waiting to buy the units. In case of super emergency only should anybody withdraw it.

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Added on March 10, 2007, 7:07 pmyup. 51 is to bumi and 49 to non bumi. since 1b is alloted to public 490m is for non bumi and it is balanced out to all agent. first come first serve basis.

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Added on March 10, 2007, 7:12 pmyup. correct. you still entitle to buy that 50k.

This post has been edited by kriel: Mar 10 2007, 07:12 PM

cannot bro. only thru front counter.

i think still got. try your luck mah.. if u stay in kl go to pnb building in jln tun razak. if you live near shah alam, go to shah alam. office near telekom office/arb/affin bank. it opens it counter at 8.15. bring cash or bankers cheque. no personal cheque allowed.

good luck.

This post has been edited by kriel: Mar 12 2007, 05:46 PM

yup. any agent will do. but don't go to pos. they same some limit for withdrawal if i'm not mistaken. How much u want to withdraw is up to u. even RM1, they will entertain.

Queue was very very long? You should come and see the Q at PNB building. B4 9.30, the number was already 400. talk about long man..

Guys,

For those asking the dividend for ASM (launch in 2000) and ASW2020 (launch in 1996).

Year ASW ASM
2002 7.25 7.0
2003 6.6 6.6
2004 7.0 7.0
2005 7.1 7.2
2006 6.8 6.75
2007 ?? ??

This post has been edited by kriel: Mar 16 2007, 02:28 PM

Nobody know bro. As long as I can remember the just only release additional fund to be bought by public in 2006 and 2007 only. Prior to that for more than 6 years for ASM and 10 years for ASW, there was NIL. So in 10 years only 2 time add funds is being released to the public (average of 5 years) for ASW and 6 years (average of 3 years) for ASM.

I'm assuming you are bumi since you are talking about ASB & ASW. both are ok but what others said is true. ASB DO give out better returns as it has both normal dividend and bonus. So start small first and save some money in ASB until you reach the max which is 200k. After that you can go to ASW.

Its hard to tell you how its being calculated but the rule of thumb is dividend calculated is based on minimum monthly balance for the month for every month of the financial year.

for e.g. your 3k will be calculated as min of the month for the first month and every 50 that you add will be add to the min balance of the month subject to if you don't withdraw it from you account. Please bear in mind that ASB will only calculate it if you add you account on 1st of the month. Subsequent deposits during the month will only be add to the next month min month balance. To be same try to bank in 1 or 2 days before beginning of the month so you don't lose out so much.

If you withdraw any amount from your account during the month, it will affect your min monthly balance hence try not to withdraw it. After all, its for your future.

E.g. in number
Deposit 3k on 1.2.2006
Add 50 per month on every 1st of the month.
So the calculation is (3000+3050+...3550/11)*dividend rate

If you withdraw 1000 during the month of march you min should be 2050 hence the calculation is (3000+2050+...3550/11)*dividend rate.

Disclaimer : This is based from my limited knowledge. Accuracy can be disputed. Please call ASNB for the accurate calculation.

bro,
how do u know? u got kaki ka?

Bro,

Fixed price ASB and ASD are for bumi only.
Fixed price ASW got ratio 51% bumi 49% non bumi allocation.
Fixed price ASM 100% free for all bumi & non bumi.

Variable price ASN & ASN2 if for bumi only.
Variable Price ASG & ASN3 is for all. No allocation ratio just like ASM.

if you have more than 5k in ASW/ASM, your next of kin have to get letter of administration(LA) from court to show who is entitle for the unit trust. After ASNB received it, then they will process. If the next of kin has an account, he/she can opt to transfer the unit to their respective account.

Hope my explanation answer your Q.

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Added on April 10, 2007, 10:19 pmwhat do u mean by rate? the daily price or rate of returns?

This post has been edited by kriel: Apr 10 2007, 10:19 PM

If you buy any ASM on or before 1st of Mar 07, you'll get your dividend for 1 month. If you bought it during the promotion period, most prob you won't get.

Nope. I think SC gave them minimum 2 month to give out the statement to unitholders. Together with your annual report. If I'm not mistaken.

Bro, just my 2 cent comment.
If you want medium return, park your money in ASB & ASW. If you want higher return (subject to stock market) go and invest in other mutual funds which the price is not fixed. i.e. unlike ASB & ASW. But once the market crash.. i don't know how much your unit trust will be worth.

If you REALLY want to invest in public mutual, my advice is not to put ALL your money there. Always diversify the risk, in case you got burn in one place you'll have other place to fall back to.

Another thing. For all unit trust except those managed by ASNB, if i'm not mistaken, there have some colling off period (few days or weeks) before you'll be able to withdraw your money. Please correct me if i'm wrong.

This post has been edited by kriel: May 28 2007, 11:35 PM