If like you say 19 years of reserve =

15 years of savings say 3% (minus 4 years of bad economy) = 15 x 3 = 45%/6 (assuming asw give 6%) = 7.5 years of reserve.

This post has been edited by Ramjade: Sep 10 2015, 12:13 AM

What do u guys think about HLA investment linked fund with insurance?

Ha, I don't trust those insurance plan. Why? Someone have shown that their profit is ~3%. Better put promo FD. Can get 4.x% Another thing is insurance agent only want free holiday, new house, new car from you. Better off with FD, FSM or even ASX

I am too lazy to go thru the details. Just want to know whether all funds (VP & FP) in ASN invested on similar things (all local). If so then the NAV should be moving in the same manner(not value).

Mind to share more info?

Hi.. thanks.. i very appreciate that you shared your view.. its also what i hope to know.. thank you very much.. ^^

I withdraw to clear my debts...

Saving plans are good in the event you are critically ill or total permanently disabled. The insurance company will continue to save for you every month.

Does the bank continue to put in new monthly deposit if you're no longer working due to sickness?

Average return goes about IRR 4.39. This is not get quick rich scheme.

another benefit would be immediate payout upon death. FDs will take awhile especially if you're always moving your FDs for your special promos.

Saving plan is for those who have no discipline to save. Show me one plan that is able to beat FD rates of 4.2% p.a (don't give me future predictions) but one with a consistent 5 years track record of giving more >4.2%p.a

That's what joint account is for. In case one were to land up in hospital (ICU) or died, the other pserson should quickly remove all the money inside the FD to ensure that the bank doesn't freeze the account before posting getting any death certificate.

Like I said, insurance is not a get rich quick scheme, it's a long term plan. It will bring an overall higher than FD return on the long term average. Not some 5 years ponzi scheme. If you prefer some 5 year plans with risk then go for unit trust instead of FD. Higher return, don't waste ur time with some 4.2% returns.

Yeap. You can do so, always be in a rush rather than have a peace of mind.

Still can't beat the fact that your bank won't save for you once you're ill.

Show us some proof please. 10 years record also can if got no 5 years proof. There are some FD which pay you monthly. Take BR 5 years at 4.55%. They pay you monthly.

Actual Investment Returns

Unit Fund(s) 2010 2011 2012 2013 2014

F1 Lion Balanced Fund 18.15% 6.62% 8.52% 22.03% 2.84% Avg 11.63%

F4 Lion Fixed Income Fund 7.22% 6.78% 5.39% 3.23% 4.40% Avg 5.404%

F5 Lion Progressive Fund 18.19% 8.21% 10.64% 14.86% -9.91% Avg 6.598%

F6 Dana Sejati 8.42% 7.02% 6.44% 3.19% 4.37% Avg 5.888%

F9 Lion Strategic Fund 19.75% 6.49% 9.28% 14.77% -3.66% Avg 9.326%

F17 Lion Enhanced Equity Fund * 12.14% 14.11% 29.16% -6.64% Avg 12.19%

F18 Dana Gemilang * 5.61% 13.14% 27.77% -4.70% Avg 10.45%


If you still question the figure above, then you're just in self denial otherwise you just hate insurance for no reason.

One thought came to mind (credit to my friend who raised this).

Few years back, some oil companies were closing down their refineries due to excess supply. My friend said Shell benefited from that WITHOUT closing down their refineries. How?

Other companies were closing down their refineries and this reduced the supply. Later supply and demand met and the price stabilised!

Extending the above to ASX, with many ASX sellers now, will that improve the NAV as the units in circulation is less?

I guess not. Units for the NAV are those in circulation AND also which ASNB is holding. Right?

I must be day dreaming? Ha.

Nope

Another interesting observation.

According to The Star, the 2015 ASW dividend is paid out to the 883,422 unitholders who subscribed to 17 billion ASW units.

On the other hand, on the ASNB site, ASW has a fund size of 22 billion ASW units. meaning 5 billion units available on the market which explains why it is so easy to get them nowadays.

Meaning 5 billion units have been 'put back into the mkt' by sellers/redemptioners. Lots to go around then. Tq.

the 5bil is not for direct sales. it's for future dividend units reinvested.

we can only buy those dividend units reinvested that have been sold

so assume 17bil, divvy 6.4sen.

so only 1.08 bil units of divvy we can buy, if everyone sold it

so now would be 18.08 bil units only we can buy (if everyone sold), not 22bil units

This post has been edited by nexona88: Sep 10 2015, 12:32 PM

i thought already reach maximum fund size a long time ago. the fund size only increase yearly due to dividend reinvestment. meaning, say the max fund size was 10 bil units last time. then over the years after the dividend reinvestment, the fund size became 22 bil units. then along the way, people sold 5 billion units. so now 5 bil units available?

then if let's say now all 22 bil units sold, then next year, the fund size will increase by the percentage of dividend say about 6% and total units will then become about 23 bil units?

This post has been edited by alexanderclz: Sep 10 2015, 12:39 PM

which year it became 22bil?

2010 - 13.1 billion
2011 - 13.94 billion
2012 - 14.85 bilion
2013 - 15.8 billion
2014 - 16.892 billion

for past 5 year, it never go above 20bil mark

http://1-million-dollar-blog.com/asnb-decl...w-2020-in-2010/
http://1-million-dollar-blog.com/asw2020-u...idend-for-2011/
http://www.mstar.com.my/berita/berita-sema...-bagi-asw-2020/
http://www.thesundaily.my/news/807151
http://english.astroawani.com/business-new...-asw-2020-42260

According to http://www.asnb.com.my/v3_/asnbv2_2funds_EN.php#asw2020

the approved fund size is 21.983 billion units?