That's right, thats the best features of ASB and ASW that makes it so popular. It has no downside risk, but currently give better return than FD. (But bear in mind ASN is not, since its variable pricing (price change daily). Another great features of ASB/ASW and ASN is that its liquid, you can withdraw anytime without any penalty (except that you can't withdraw at the time they are calculating the bonus/dividend, usually took less than a month every year). Visit PNB website for more info http://www.pnb.com.my

A very smart move by your parents.

This post has been edited by vergas: Nov 16 2006, 12:07 AM

If I recall correctly, the limit is RM200k only.

I prefer to take advantage of this limit first, then with RM200k safe, you can use the excess in risky investment like stocks etc. Even if you lose all in stock you might be able to sleep better at night if you still have RM200k secured nicely so you won't have to think of not having to eat for the day...

ASW is a fixed price fund at RM1.00 each, so there is no published NAV as other variable pricing unit trust.

Go to Maybank or CIMB bank and ask for Amanah Saham Nasional Master Prospectus. ASM age limit is 18+, or a guardian for those above 6 months.

@doraemon, yes, I'm waiting for the dividend as well, what's the % you are expecting?

This post has been edited by vergas: Dec 14 2006, 04:47 PM

That is correct, you won't lost money in ASW since its fixed price at RM1 (but NOT ALL PNB's unit trust is fixed at RM1.00) The fixed price like ASB & ASW are not like other private unit trust like public mutual etc where there is a spread between buying and selling of between 2% to 6%. That's one of the reason why ASB & ASW is very popular.

This post has been edited by vergas: Dec 15 2006, 04:02 PM

Its not announce yet. Sabar, sabar....

Try to tackle the girl behind the counter and belanja her makan. Then ask he to call you quickly if there are available units. Kill to birds in one stone mah...

ASB Dividend 7.3%, Bonus 1.25%

I suggest you try your luck. Its nice for the post office guy/girl to ask you to try your luck, some will just say "sudah penuh".

The fund will be available when other people withdraw their money. So you can get lucky.

This post has been edited by vergas: Dec 22 2006, 08:16 AM

Now, I'm also confuse, first you said they said can open first and try your luck... My guess is eventhough the fund for non-bumi is full, sometimes some of them will withdraw money for something, therefore the amount will be available.

There should be no difference between bumi.non-bumi dividend for asw.

ASW for bumi is normally available since ASB is still for most bumi available, since historically ASB dividend is higher than asw, most bumi will put in asb first, then only asw.

Calculations:
IIRC, Dividend, based on average monthly minimum balance for last year, ie jan to dec 2006.

Bonus, based on average monthly minimum balance for last 10 years. ie 1997 to 2006.



This post has been edited by vergas: Dec 24 2006, 01:37 PM

You must mean Malaysian Building Society Bhd (MBSB) a company controlled by EPF. The advertisement is blue in colour right?

FD has maturity date, eg 1 month, 3 months etc till about 15 months. If you put FD of RM10000 for 12 mnths and the bank/institution say will give you 5%pa, you'll get RM500 at end of 12 months. But it you withdraw before 12 months you MAY get nothing (some nice bank may give you something). At end of the 12 months if you roll over the interest plus principle another 12 months and the instution/bank say will give you 5%, yes that will be 5% out of RM10500. But FD rate changes, so after 12 months the new rate may be more of less.

Historically this is true, except during the financial crisis in 1997/98 when FD rate increase to 10% for a while.

ASN is not fixed price fund, so you may lose some of your capital. I would replace ASN with Amanah Saham Didik (ASD), but ASD is only available for bumi. You can use portion of your EPF for ASD as well. Oh.. but its difficult to get ASD since it has limited fund size.

Nothing much on the website. Best to go to agent eg RHB, Pos, CIMB/BCB, Maybank and ask for Master Prospectus. All info are there.

PNB's website is www.pnb.com.my .

I think normally it will be in the paper to inform that ASW2020 or other fund size is going to be available, but it normally full in the day it is open (the non-bumi portion).

I've done a spreadsheet to analyse the above. See what do you guys think.


http://www.online-storages.com/799313

This post has been edited by vergas: Feb 28 2007, 11:13 AM

Anybody who currently or in the past have the ASB loan? Maybe can scan the loan statement and email to me, I wanna to see how the devidend treatment is. I wonder since if dividend is use to pay our loan, will it reduce the monthly payment, or the duration of the loan will be shorter.

WARNING,
It is not my intention to promote or not promote the loan. The spreadsheet above assume ASB dividend constantly at 7% and loan interest at 6%, but this MAY NOT BE THE ACTUAL CASE. You guys can modify the spreadsheet to suits your own forecast. Bear in mind in the year 1998, BLR skyrocket, and the loan interest rate became much higher than ASB's dividend. YOU HAVE BEEN WARNED!

I found link to ASN ASB etc prospectus here

http://www.pnb.com.my/business/business.cf...t=1&subsubcat=1

jusk click ok at all the disclaimer.

50,000 units = RM50,000

Quickly dig your money up and que up early in the morning. Open at 9.30am.

Agents is at Maybank, RHB, CIMB and Pos Malaysia. Can also buy at PNB Building, Jalan Tun Razak, (next to tabung haji).

For Bumi,
First ASB, if max
Second ASD, if unavailable/max
Third ASW/ASM.

(based on historical returns of course)

By defination yes. Risk = chances of unfavorable outcome. Since variable fund can drop in value, therefore it it more risky.