i've been reading this thread.
some say asb limit is 200k
some say its 500k

http://forum.lowyat.net/topic/347861/+40

which one is correct?
i looked at the pnb site, no info...
anybody can prove its 200k or 500k?

can anybody fill in the blanks...
as a bumi, i can just go out and buy ASB as long as I have not exceeded my limit of 200,000.
I mean I know I cannot go out and just buy Amanah Saham Malaysia (ASM).
You have to wait till somebody sells, then you can buy.

i can see there are two categories
(a) you can buy as much as you want, but limited to a certain amount (asb, limit 200k), can never be sold out, can only be maxed out.
(b) you cannot buy if its sold out (ASM).


i have three questions.
1. are there other AS(something) that uses rule (a)
2. if there are, what's their average payout for the last 3 years?
3. besides (a) and (b), is there a AS(something) that does not fall in (a) or (b)?

thank you

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Added on April 29, 2008, 12:23 amhow did you do that?

This post has been edited by ttwangsa: Apr 29 2008, 12:23 AM

that still does not answer 3 questions

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Added on April 29, 2008, 9:24 amanother question

asb dividend calculated in December

say i put in 10k in erm.. October
and dividend announced in December is 8%

do i get 8% of 10k (800)
or
i get 3/12 of 8% of 10k (200)
because its not there for a full year?


This post has been edited by ttwangsa: Apr 29 2008, 09:24 AM

i've looked at asw and asb. asw you can use epf. asb cannot. so i think i'll withdraw epf into asw. bumi allocation still available? have to call them to find out?

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

honestly, i think it would just go on normally.

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)

i think you have to to PNB and get a surat sumpah, saying that you have lost it.
in other words, its illegal to say you have lost it when you haven't.

quick question.
if i have ASD passbook, do i have to go to PNB to buy more units?

compound bonus friend
wait a
i paste excel result
this one dividend at 7%
0 200,000.00
1 214,000.00
2 228,980.00
3 245,008.60
4 262,159.20
5 280,510.35
6 300,146.07
7 321,156.30
8 343,637.24
9 367,691.84
10 393,430.27
11 420,970.39
12 450,438.32
13 481,969.00
14 515,706.83
15 551,806.31
16 590,432.75
17 631,763.04
18 675,986.46
19 723,305.51
20 773,936.89

its not 200k
its compounded

the 200 is the limit you can put in
after that its compounded

i have a friend who works for PNB.

MilesAndMore,

you sure?
it says on item 2 of your statement 2007
JUMLAH PEGANGAN = (number greater than 200,000)

and on item number 3
PENGAGIHAN PENDAPATAN EXACTLY (16,000) ?

you had minimum, 200k+ through the whole 2007
and the dividend they paid you was exactly 16k?
you should complain.

I don't have RM 2xx,xxx in ASB,
but that's what i've been told.

its compounded
for example
if you have RM 350,000.00 in 1 january 2007,
and never withdraw, till 31 dec 2007,
you get 22,400.00 in dividend,
and depending on how long you have been saving,
you get your bonus.

the 200k limit imposed is so that you cannot add more cash
once it reaches 200k
so
if you have RM 350,000.00 in 1 january 2007,
you cannot put in more cash
maximum it can go is
22,400.00 in dividend.

ok.
saw my dad's asb.
dividend is more than 16k for year 2007.
so
confirmed.
its 8% of TOTAL
not 8% of 200k.

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Added on June 2, 2008, 5:31 pmvergas
120 months true
12 years, not true
its 10 years

This post has been edited by ttwangsa: Jun 2 2008, 05:31 PM

thank you for agreeing with me
but..
i don't agree with you on the limit.
let me confirm with my PNB friend.

islam = get bumi status?

from
http://www.asnb.com.my/english/asd.htm
june 30th

i've been told
BLR will go up

i've been told
BLR up = FD rates UP

i've not been told
if FD up, ASB dividend = UP / DOWN / TOTALLY UNRELATED.

anybody knows?

can someone confirm this is true or
confirm this is false.

"FD rates has never ever ever been higher than ASB dividend".

i think this is true