hi there.. is it good to invest in ASN3? as i realised ASN3 is hardly being brought up here

Tis is a variable price fund which means NAV move up or down on daily basis

Try asg too....
Less brought up due to 1mdb..

ASD & ASN 2
Suspension of transactions: 24 to 30 June 2015
http://www.asnb.com.my/pdf/BERITA/2015/EN/...3ASD&ASN2EN.pdf

Interesting to see how these dividend rates will turn out.

If they are on the downward trend, I can also expect AS1M coming rate in Oct to follow the same flow.

Hope not.

lowest maybe 6.30sen, max is 6.8sen



well ASD normally set the rate for others ASx

let's pray the rate is higher

This post has been edited by nexona88: Jun 3 2015, 10:09 PM

2015 Annual Report for ASM is out
http://www.asnb.com.my/pdf/PRODUK/ASM/20150529ASMAnnual.pdf

I wud predict ASD declare 6.6% which is similar to last year

From ASM latest AR, noted the followings which is disturbing:-
1. Fund size increased by 939 mil units (or RM939 mil) whereas net profits increased by RM43 mil ony
2. Profits c/f decreased to RM70 mil as compared to RM89 mil

But EPF reports better profit up-to-date. So may be can expect better returns than ASx.

looks like ASM size getting bigger by the year & harder to handle (by looking at the net profit growth y-o-y)

No wonder SC didn't approve any fund size increase for sale



This post has been edited by nexona88: Jun 4 2015, 01:16 PM

All true or not one... If yes I want release breaks and go try Liao..

I think I've said it previously, it's hard to provide returns when the fund size is so huge and yet your investment mandate is so limited. As many of you may or may not be aware, pretty much ALL of ASNB's funds are limited to local securities only. Any change to that would require approvals from unit holders, nominee, regulators and also changes to the master prospectus and also binding deeds.

A lot of people assume as such and don't understand to give 6.6% for a fund that has 10 billion units and give 6.6% for a fund that has 15 billion units is not the same. And don't forget too that regardless of the actual NAV, PNB has to honor the RM1 pledge and unlike other unit trust products, it honors on the spot transactions so no time to pusing2 duit to honor transactions.

So the fund managers must not only ensure that investments meet returns target but also ensure RM1 value is preserved and maintaining sufficient liquidity at the same time for honoring on the spot transactions. If you wonder why EPF is more than happy to allow it's savers to withdraw and invest in other unit trusts, this is one of the biggest reasons.

This post has been edited by hyelbaine: Jun 4 2015, 02:27 PM

As per ASM latest AR, the difference between actual Dividend against benchmark (3 mths Klibor) have decreased from 3.27% to 2.87% in 2015

yes, u have mention it before..

if the situation get worse, I think PNB would do some changes to the funds & ask for approval from all parties.. but it might also have some negative impact on the PNB/ASNB brand name if they do the changes.

so they're "stuck" now

p/s: if they really have "spy" in LYN reading all the post, next week they might issue some statement on the funds under them

well it's depends.. there's always units available (small & big) but the unhelpful staff is the biggest problem.. that's why need to change branch / banks / location always

ASD should be slightly more. 2 reasons:
(1) the carried forward undistributed profit is 4 cents per unit.
(2) it is the bumi only fixed price fund.

ASM c/f RM412 mil profits to next year which is equivalent to 2.5 cents Dividend

Can we say that its more safer? In term of investment when compared to others which investing in foreign bodies?

just opened my blue book yesterday

thinking about getting asb loan (cimb). yay or nay? btw, i'm a fresh grad, just working for exactly 3 month

This post has been edited by chikuera: Jun 6 2015, 01:01 PM