Good luck to all of us 💩💩💩

Lets See another 12 years , this forum still active or not.

That time I will leave a message , asnb success or fail .

Unker so fast looking forward to doubling your money

MAGIC OF RULE 72

Ya , as fast as possible . Life is too short , unker mau fast fast enjoy .

The only thing to worry is inflation . Who know after 12years roti kosong cost rm500. Haha .

This post has been edited by DBHILUHDAQWISRTNJ: Nov 5 2018, 07:16 PM

RM 500 for roti kosong? That one more like currency depreciation than inflation.

Park some money to stable currency to reduce risk maybe? USD, SGD, yen... Uncle should know better than me.

Sspn can withdraw any amount any time right?

Hmmmmm... Have to check with banker.

Have an interesting story to tell. But need infor first to verify.

AA
One ASB was converted from FP to VP in 1990(?). True that it was originally "designed" to start as FP with a clause in their trustee/prospectus to change to VP in 1990? Anyone here can confirm that?

BB
Any one has a copy of the prospectus before 1990? I tried in ASNB, no luck.

Thanks.

Walao..
Don't think it would reach rm500 🙏🙏
Maybe just rm150 from 1.50 currently 😎
Hope that time got more fund for us to pick... From just current 3 😑

This post has been edited by nexona88: Nov 5 2018, 07:50 PM

Why not.
Email asnb for the old prospects 🙏
Hope they got it in PDF form 😁😬😄 since that time no PDF files 😈

Max withdrawal limit RM500/yr...only can withdraw in full upon kids enters tertiary education...for more details withdrawal clauses, u may refer ptptn or sspn website

This must be the strangest request of the year...

as long as higher than fd, I'm ok.


start looking for alternatives now

We don't have much choices for low risk investment. EPF or FD, then what else in your mind?

If you found some nice lubang ,plz let us know.

"The first PNB fund, Amanah Saham Nasional, was launched as a fixed-price fund in 1981 but it reverted back to market pricing in 1991 as per the trust deed.
Soon after that, Amanah Saham Bumiputera, a fixed-price fund was launched in 1990 for investors not accustomed to market fluctuations."
Source: http://www.theedgemarkets.com/article/cove...y-pnb-conundrum

So ASN was actually forced convert into VP by rules set earlier, and then PNB makes ASB instead to continue the FP fund. Is this the interesting story?

If this is the case, we can expect the prospectus shall mention the date to convert from FP to VP, not by overnight decision.

This post has been edited by vanitas: Nov 5 2018, 09:19 PM

Mortgage...if ur have semi-flexi or full-flex loan type....u could consider to park money in mortgage and save interest... and later can withdraw if required..

This post has been edited by veera77: Nov 5 2018, 09:22 PM

You hit the nail on the head! Good.

I called ASNB office today and the lady told me the SC's extension has nothing to do with the FP or VP, just changes in statement reporting. I find that surprising and then asked what about the ASB that was changed from FP to VP. She told me that was stated in the trustee/prospectus to change to VP in 1990. I wanted to verify that in the old prospectus and thus asked here.

Don't take what I have said as the golden truth. If later they changed them to VP, I will not be liable.

The master prospectus is too long to read. I wanted to scan through by searching for word "fixed" but cannot search that doc (like a scanned doc). Anyone here can help by converting that to normal pdf?

Thanks.

So, that's the story, ASN changed to variable price wasn't any problem with the management, economy or fund, but just by rule. And there is no rule stating ASM will change from FP to VP, so nothing we should worry. Of course my interpretation could be wrong.

Anyway, share the doc here, since it is not confidential, I think some members here will be free to read?