why dont you stop by the PNB's agent bank one of these days, and take the 'borang pelaburan PNB' - you will find ASD among the few columns of funds available.

sorry i cannot do the homework for you.

ASB and ASN already announced their distribution of income last week.

ASW2020 book closing date is on 1st September every year.

asw2020 6.8% last year.

ASB I think around 7% + some bonus.

ASN no idea.

asw2020 is open for all malaysians but with quota 51% bumi, 49% non bumis. dividend = 6.8% (2006)

ASM is open for all malaysian with no quota (it's meant to be an ASB for non bumi actually). dividends 2006 is 6.5%.

last few years, asw2020 has slightly higher dividends from asm.
but both are good.

I managed to get asM this time, no money to put also.. manage to open account. will start saving ...until september when asw2020 will be available again.

This year consider good already because almost everyone that queued up has the chance to buy due to the 50K limit imposed by PNB (a very sensible move - kudos to the government ).

previously you have big tauke putting in MILLIONS into asw2020, the last asw2020 in september 06 was being sapu habis in 37 mins due to this rich people buying large units.

I personally feel that asw/asm should be meant to help the poorer population who has limited access to financial markets /advice/knowlege.

This post has been edited by soul2soul: Mar 12 2007, 06:55 PM

not unless i'm desperate for $$. will withdraw if

1.dividends lower than FD
2. impending collapse of malaysian economy (since it's GLC)
3. stock market crash big time to sapu good stocks

Interests are calculated monthly based on the minumum amount of each month.

If you withdrew 6 months before the dividend is declared, you will stil get the interests for the first 6 months of your investment.

I know the feeling. I drop by the bank today to chat chat with bank officers (they all kamcheng with me), they told me ASW2020 finished at 10am today.. sweat.

But this year better due to the 50k limit. Last september was a mad house with lots of customers screaming because lined up so long never got the units also.

asw2020 is on the 1st semptember 2007. If additional units are to be launched, normally PNB will announce it 1 week before.

so start looking at papers around last week of august. and get ready some money and do some planning now. (like setting your FD to mature by august , etc)

hey hey, maybe government needs additional money to pump the stock market.

actually ASM, asw2020 are ways which our governemnt borrow money from the people... imagine 2 billion units sold on wednesday.... 2 billion ringgit in PNB account .. to be invested in bonds/stock market.

just want to let you all know that ASM declares dividend of 6.8% for financial year ending 31/3/07

i managed to put 4.5k, not much but of based on 7% return should be able to get me pocket money of 25 bucks a month, pay for my digi prepaid.

I saw a woman carrying a stack of 200k CASH with 4 passbooks...

This post has been edited by soul2soul: Jul 18 2007, 05:48 PM

very true.

opening account is the tough part because needs thumb print,ic etc.

i opened my account in march, so this time easier

you forgot to tell him that there is a annual 5% fee for unit trust , and most of unit trust in malaysia is based on insurance-like schemes.

Even if you put all your money into defensive unit trust, namely bonds which should give u a return of 5-6% annually, after service fee deduction, you will only end up with 1% or worse lose money in unit trust.


ASW is the best bet, 6.8% compouded interest for 3 years is 20% return.

with other unit trust, -5% every year.. does not seem like a good deal for me

This post has been edited by soul2soul: Aug 27 2007, 03:19 PM

our unit trust industry is still very much protected by our government, despite our commitment to financial liberalisation. THis is due to lobby of these unit trust group.

Take a look at PUblic Mutual fund website and their returns. THey only show you their earnings over few years. You will have to study them carefully before you buy unit trusts.

Let me give you one example, some funds say their 5 years return is 25% - sounds impressive. But do your own calcuation , if you put your money in FD for 6 years with compounded interest of 3.7% annually, you will get 24.3 % return on your savings too. AND the graphs they show you in their website does not include the 'service fee' of 3% annually.

So if you put 100k in unit trusts, with them deducting 2-3% of your savings annually for their service fee, and with their projected returns... do you think you got a good deal?

Unit trust in malaysia is run like an insurance company. Money (service fee) is siphoned out from each level of their sales person. why? because the company needs their agents to promote their unit trusts to the public. these promoters will sign up more sub-promoter ,etc. and most of these promoters are some unqualified makcik pakcik who work in some insurance of bankiing industry.

why is PNB superior ? for one, they do not need these 'promoters', therefore costs is saved, money that is supposed to be invested will not be wasted paying fees to those promoters. 2nd, they have the massive volume , and being Government linked company gives them the edge in their investments.

i am not saying unit trusts are total wreck, but you must do a bit of homework before deciding to put money there. There are some unit trust funds that really perform, public bank is one of them.

ask carefully their annual fees, NAV charges , etc. if you ASB hasn't been maxed to 200k, i will suggest you max it first, then proceed to ASW2020.

I am more into defensive investment, so this would be my advice. If you like riskier investment with potentially higher returns, then you can try unit trusts. from what i hear, out of 10 of my friends who invested in unit trusts, only 2-3 of them have good returns, the rest regretted.

for bumis, ASB is the best. compounded 8% return annually for 5 years will give you 46.9 % return . you put 100k in today, 5 years later will become 146.9 k = not good?

---

Added on August 30, 2007, 4:05 pmBAD NEWS GUYS, I JUST RANG UP PNB , THEY SAY THERE WON'T BE ANY ADDITIONAL UNITS OF ASW2020 BE TO OFFERED NEXT WEEK

This post has been edited by soul2soul: Aug 30 2007, 04:05 PM

i have no more money to put in

not sure about minimum but maximum is 20,000 within the offer period. Bring your photostated IC and CASH (no need if you have account in the bank ). Can purchase at pos office, RHB bank, Bank Bumi, Maybank and PNB outlet.

be sure to queue up early , sure finish like hot cakes.

HAVE YOU ACTUALLY READ BACK THE 24 PAGES OF THIS THREAD BEFORE YOU START POSTING QUESTIONS HERE??????????

tak ada pun.

are you sure you got the right form? it's blue in colour.

1 unit = 1 ringgit

whew, looks like the banks will be diserbu tomorrow