This post has been edited by alexanderclz: Aug 27 2015, 01:53 PM

Because it is FP at RM1 (=100 cents), it makes cents and % the same. Thanks God! Ha.

Unfortunately not enough people understand the difficulty of the fund manager trying to manage such a large fund (no other UTMC has funds in the billions) in such economic uncertainties. Many just take at face value and complain that dividend is low

Wat is the difference between magic n illusion?

Let me see,

.... the spelling? Ha.

Magic can still be real, true. Just that we cannot fully explain it with our current knowledge.

Illusion is not true or real. Just that what we see is not real.


P/S Ah Jib's show - magic or illusion?

Yea.

What important now is that able to give at least 5% and stable yield.

if my calculation is correct.

it's around 16% drop from last year tis time

When it comes to money/profit, most people can never get enough


Yikes. Hope that the ASW fund manager is paid well

This post has been edited by hyelbaine: Aug 27 2015, 04:51 PM

I think the fund manager already took some profit early of the year when market is kinda "good"

next year divvy that I'm worried about..

the lowest is 6.30sen in 2009

This post has been edited by nexona88: Aug 27 2015, 04:56 PM

KLCI was very much worse back in 2008 compared to now.

you're right - I too am more concerned about the divvy next year because of the effects from FY 2015/2016. FY2014/2015 is not really that bad...yet,because 2014 gave us some cushion.

Edit : extra comments.

This post has been edited by Hansel: Aug 27 2015, 05:11 PM

I xpect min 6% annually

In fact, v shld look at EPU when measure future payout

Generally, EPU for a fund, be it Equities or Balanced would drop if mkt is bad. Bond Fund, may or may not drop,... because investors may plow their money into Bonds and Bond Funds when equities are bad.

EPU (aka earnings per unit) is to measure the ability to generate profits based on available capital

Aware that EPU = Earnings per Unit of a specified fund. To me, I was commenting on the EPU with the basis of the EPU being a numerical figure (in RM for PNB) of the total amount of earnings of a fund at the cutoff date of a complete Financial Year divided by the number of units in issue as of the cutoff date.

How many of you already cashed out most of your ASX-s ?

If u noticed, their EPU is on declining trend over the years
Tis is a big challenge for ASNB as they need to generate sufficient returns to maintain Dividend @ 6% mark

I was hoping we don't need to go down this path with such questions !!

I have not,......................yet !!!

Calculation for all fixed price funds are based on average for lowest monthly balance. For every single month, PNB will take the lowest balance at any time within the month. For example, if on 31 January, your balance in ASB is RM30k. Say you withdraw RM5k on 31 Jan, the lowest balance for January therefore would be RM25k.

Say you put that RM5k on 1 February in AS1M. Originally, balance in AS1M was RM1k. The lowest balance for AS1M in February, would therefore be RM1k. If you want to make it counted, you have to deposit before 1st of each month.

Say the following is the lowest balance for every month in your ASB.

January : 1000
February: 1200
March: 500
April: 10,000
May: 500
June: 100
July: 12,000
August: 2000
September: 3000
October: 50,000
November: 50,000
December: 50,000

Assume dividend at 7%. Average lowest monthly balance: 15,025
Dividend= 0.07*15,025=1051.75

P/s. Tabung Haji calculates its dividend the same way as PNB's fixed price funds.

Calculation for ASNB variable funds are totally different. For VP, at any time you deposit the money, even 1 day before the fund is frozen before dividend date, you would still get the whole amount of dividend. Calculation of dividend would simply be dividend rate*number of units.

This post has been edited by Mr Gray: Aug 27 2015, 11:59 PM

Incorrect as the min bal in Feb is RM6k from 1/2 onwards