I saw the dividen for ASG is not that bad except 2017

2013 - 7.1
2014 - 7.1
2015 - 7.1
2016 - 6.0
2017 - 4.5

Should dump out from ASG?

Dividend in ASG is useless. Ignore it. Is for marketing purpose.

This post has been edited by Ramjade: Dec 4 2017, 08:37 PM

Yeah..
To fill up those unsold units especially Indian quota 😴

Now.. I wonder why pick ASB instead of ASB 2 since its newer fund?? ASB is getting too big leh.. 100 bill fund soon 😊😊

Oops sorry...Yeah u r right...with kids friendly MyASBN and 'forceful' opening of ASx with RM200 incentive...hope parent top up their kids account...at least for their kids education fund not neeed so call 'kids education fund endowment insurance' with high premium which make agent kaya only..


This post has been edited by veera77: Dec 4 2017, 08:46 PM

after record low 4.5% dividend...many I heard shifted their fund to fixed price ASx as now much easier with MyASNB..but to dump or not..it's pure depending on your risk judgement

I personally not a fan of non-fixed ASx or private unit trust...so I could be bias in my opinion..

For high/moderate risk investment...I prefer invest/trade in stock market, which I do, beside low risk investment in fixed price ASx...

nowadays choosing a right private unit trust is same difficulty as choosing a right counter in bursa

This post has been edited by veera77: Dec 4 2017, 11:16 PM

Well even with ASx fund given..
There's still parents would fall into the insurance plan trap 😊
No worries...

ASG is not fix price fund, so the effective rate will be vary. Don't forget ASG got commission charged when you purchase.

This post has been edited by saitong09: Dec 5 2017, 09:43 AM

sell off ASG kena charged 5%?

Charge when you purchase, sell no charge

Personally I placed a majority of my savings in ASx due to the higher dividend compared to FD rates and the flexibility of withdrawing the money anytime (plus getting paid dividend for the full month my money is invested in ASx). I top up according to my target monthly savings and do it by 1st of each month to make sure i get dividend in that month for the amount I topped up.

Assuming 6% dividend and with compounding, if you place 5K in the first month of the fund's cycle (i.e April for ASM, Sept for ASW and Oct for AS1M), a complete 20 years later will give you interest of RM11,035.68

This post has been edited by savvyaunty: Dec 5 2017, 09:59 AM

previously was about 95% of allocation. but it's not a good idea to put all investments into one basket. stopped topping up asx, instead putting into fd and ut for now.

I hisgh suspect a few factors

1. Unit diluted because of dividend paid in unit. If they distribute you RM, you would have better return. (possible)
2. New unit invested in new investment does not yield a better return especially in equities because new shares bought in higher price.
3. Existing investment does not perform well as compared to previously.
4. They retain the earnings for future.
5. some monies being invested in the new 100 storey building which the current chairman does not like it but he has no choice because the whole thing already started.

Do check out their P/L statement in the annual report.
A few thing you will notice
1. Increasing of overhead - manpower/salary and agent fee. Which now they try to control it by using MyASNB top up. there will be one time expense to build this system.
2. Increasing of management fees.
3. Decreasing of investment income via dividend. which indicated that Malaysia equities does not pay a better dividend.
4. They sell more shares to get more income to distribute to unit holders. Not sure good or bad unless they deemed such sale will dispose bad shares, or, those shares are part of investment return or treasury shares given by companies.

Not everyone is internet savvy especially the senior citizens. So of course preference is still on passbook and OTC transactions. My mother complains about the paper statements as in due time over the years, there will be stacks of the papers vs one passbook.

5k after 20yrs...will become around 16k plus...find the calculation and table in the attachment..assuming 6% dividend for 20yrs..



Attached thumbnail(s)

Hmm got idea..
Why not just write the figure onto the passbook..
Since everyone have the passbook & no use anymore 😀

If multiple transaction per day.. Like 100, 250, 500 etc. All added as 850 for the day.. Use 1 line in the passbook only 😄

After passbook fully used.. Then only stack the pieces of printed paper.. I'm sure its would be much then...

someone mentions kids accounts can be seen in myasnb ?

but i login , i still failed to see my son account .
we have to go to asnb branch to enable ?

no need enable anything. just send email first let them know the problem. give your details so they can check for you.

Yes. But I stopped. Planned to pull my amanah saham out slowly.

putting money in ASNB is like putting money in cloud of all major bank in Malaysia....go to any major bank (ASNB agent) and show your IC...sudah boleh keluar duit...

simple and easy..

No but I personally split my deposit into 2 type:

1. Cash savings - put in about 75% in ASx and remaining in FD (planning to move FD to ASx when they mature)
My savings are only ikan bilis so stuck with just 3% interest for FD and to think of it, if ASx/PNB collapse, the whole Malaysian economy probably also mati d. I doubt those PIDM protection will be able to return me my money from the bank

2. Savings for investment - ASx is sort of like my parking place for the money meant for investment
Parking in ASx for temporary dividend while increasing my warchest. not worth wasting on all the fees to buy stocks with small amount of capital