So good pinjam here and there. Really salute u

At least have family FD, some don't have that
So on ex date, u will top up or not?

On Septemper 1st, is it expected ASW units will be free up when people withdrawal to enjoy their dividends?

Not necessary everyone will withdraw on 1st?

Withdrawing the dividend to put in endowment plan?

My malay colleague told me that dividends are for bershopping.

I never withdraw for first 10 yrs. Hope I can be discipline till another 10 years

Depends on the original amount, if the amount is small, then should be able to double that easily

9.6 years with the compunding rule of 72

With the current rate of 7.5% dividend

Kadar pengagihan pendapatan ini membabitkan pembayaran berjumlah RM1.146 bilion yang dimanfaatkan oleh 878,000 pemegang unit yang melanggan 18.193 bilion unit saham amanah itu.

Pengerusi Permodalan Nasional Bhd., Tan Sri Abdul Wahid Omar berkata, tabung ASW2020 telah memperoleh pendapatan kasar sebanyak RM1.394 bilion.

Daripada jumlah itu, keuntungan penjualan saham dalam syarikat menyumbang sebanyak RM735.83 juta, tambah beliau.

"Manakala pendapatan dividen daripada pelaburan dalam syarikat-syarikat pula menyumbang sebanyak RM451.70 juta kepada jumlah pendapatan tersebut," katanya pada majlis penhumuman pengagihan pendapatan 2020 di sini hari ini.

~BH online

sorry english news not out yet 

those don't understand BM, can google translate it 

so now I main work is to hentam ASW2020 next week, AS1M next month & ASM next year April

Congrats.
Auntie twinkle will only top up a bit to 'tidy up' the total number. Hopefully 30 mins to 1 hour camping is enough.

Advantages for those with personal connection.

Nope... another 60K will reach my limit already. Then just sit down for coumpounding interest..

Sorry.... haven't being following this thread for a while; so this  'limit' is your personal limit or the fund/s has/have imposed limits?

Hi sifus,

I am new in the investing world. Few days i came across this ASG fund and i opened an account as the agent mentioned that the dividend is constantly at 7sen/unit every year, which sounds good enough to me.

However after further study i realized that the unit price drops every year although the dividend maintains the same.

Can anyone correct my understanding if im wrong and what are the pros and cons of investing in this fund. Is it a worthwhile investment?

Thanks in advance from a humble newbie.

Do you mean it is always better to invest in asb/asb2 (for bumi). Asw2020, asm, as1m than ASG because they did not charge u 5% for every units bought?

Phew luckily i did not invest much in it yet, i just bought 100 units in order to open the account. Guess i wont be investing anymore in ASG then.

On the other hand, any funds to recommend? I know it depends on individual appetite but i would like to just have an idea of what a "good" fund is like. I heard kenanga fund gives very high returns. Thoughts?

Thanks!

How abt public bank?  Not becoming asn agent?

What are they selling for FP?

I will try to rebalance my AS1m & ASW on this day, too much AS1M. Will do it at ASNB branch as they can see the units available.

Nope
Btw, which Bank is your regular bankers?

More explantion needed pls.

Exactly. Favorite punching bag for PM agents have always been ASNB's products so if suddenly their own parent start selling ASNB products, than everything the PM agents have said will come back to haunt them.

You keep saying how your funds are better than ASNB then how come ahh your own parent company selling ASNB product?   

But at ASNB, u can see how much is available n buy them up instead of blindly hentam. n yes I plan to contra with my AS1M account.