Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

> Ultimate Discussions of ASNB Fixed Price UT, Magical UT only in Malaysia

views
     
swineda
post Nov 28 2018, 03:37 PM

New Member
*
Newbie
13 posts

Joined: Sep 2018
QUOTE(khuanoz @ Nov 28 2018, 02:43 PM)
It is forward counting on monthly basis, you are free to put in or take out however much you want
example:

28 Nov RM1,000 will only be counted for pro-rated 1/12 * dividend let's say 6% if you maintain it until 1st January, if you withdraw it by 31st Dec then it will be zero interest earned. If you keep until ex-dividend date of 30th Sept 2019 and only withdraw on 1st October 2019 then you will get the interests counted for month of Dec until Sep which is 10/12 * 6%

basically our money needs to FULLY sit in untouched per calendar month, not per 30 days basis. So it doesn't make a difference if you put your money in on 1st or 30th/31st of that month.
as above mentioned, let's take a simulation using ASM3 at 6% for example:

1st Sep RM4,000 IN
15th Sep RM5,000 IN
End Sep Balance: RM9,000

1st Oct RM5,000 IN
20th Oct RM3,000 OUT
31st Oct RM8,000 IN
End Oct Balance: RM15,000

1st Nov RM2,000 OUT
End Nov Balance: RM13,000

31st Dec RM3,000 OUT
End Dec Balance: RM10,000

Assume you stop putting in/taking out until following year 1st Oct then your dividend shall be calculated as follow:

Sep- RM0 earned (not full month)
Oct- Balance>Sep so take lower RM9,000 x 1/12 x 6% = RM45
Nov- Balance<Oct so take lower RM13,000 x 1/12 x 6% = RM65
Dec- Balance<Nov so take lower RM10,000 x 1/12 x 6% = RM50
Jan- Sep Balance maintain RM10,000 x 9/12 x 6% = RM450

Total dividend earned: RM610

Anyone sifus can verify the above? Much appreciated since I just joined, no historical data to counter-check  sweat.gif
*
This is what I understand 😅 if salah pls help me correct it


Attached thumbnail(s)
Attached Image
swineda
post Feb 26 2019, 10:02 AM

New Member
*
Newbie
13 posts

Joined: Sep 2018
Still a lot of units.. just got 8888 haha..

Bump Topic Topic ClosedOptions New Topic
 

Change to:
| Lo-Fi Version
0.0318sec    0.26    7 queries    GZIP Disabled
Time is now: 7th December 2025 - 01:51 AM