Almost all unit Trust Management Companies (UTMC) charges commissions. Even ASNB and their variable-price funds, at about 5.5% if I am not mistaken. Go check lah haha

ASB4 Makmur - Amanah Saham Makmur 2030

ASM4 - Amanah Saham Malaysia Baru

ASB4? really? that's what they are gong with?

wahhhhh not 5.5% so much la. I ter-buy some VP fund. If buy online, about 2% only.

FP fund also got commission. It's stated in the annual report. If I don't have memory leak, it is 1%. It's deducted from the income before distribution, so buy/sell does not involve commission.

My proposal la. haha

This post has been edited by beLIEve: Dec 31 2019, 11:06 PM

I used to think "only" too, but after I saw ETFs in the US were like 0.07%,

not that "only" to me now.

yeah and then you look at the ETF's management charge. Its very cheap. Go on, you know what to do

Ahh yeah. I saw people recommending some vanguard fund with very low management fee.

now can check how much dividend you got.

I only know ASB1 and ASB2 financial year ends (31st Dec and 31st March). What about the other FP funds? :

ASM 1 : Mar 31
ASM 2 : Aug 31
ASM 3 : Sept 30

you don't care about ASB3?

I'm an ASBF broker, well at least that is one of my many revenue channels... i care only about the funds that have (had) financing that are ASB and ASB2, because the clients will be asking about them. Once (if) ASB3 has financing available I iwill mmediate immerse myself about it, from top to bottom: prospectus, revisions, annual reports, etc.

This post has been edited by wild_card_my: Jan 1 2020, 01:04 AM

Faiz, I totally agree with you.

Having the ASNB calendar is a nice token of appreciation from ASNB.

However, what really matters is that ASNB should give us the highest distribution as possible for ASNB fixed price products, such as ASB 1, ASB 2, ASB 3, ASM 1, ASM 2 and ASM 3, which is commensurate with the actual performance of the ASNB fixed price products.

The "extra goodies" given by other fund houses may well be paid via deduction from the NAVs of the unit trusts, effectively reducing the rate of returns of the unit trusts. There is no free lunch in this world, as we all know.

We are definitely more concerned with the rate of returns of the unit trusts, rather than rather senseless "extra goodies" which do not aid us at all to be financially independent. As long as ASNB spends as little money as possible on "extra goodies" (in contrast to other fund houses), I am quite happy.

This post has been edited by kart: Jan 1 2020, 06:07 AM

Hapy New Year 2020 everyone!



This post has been edited by ikanbilis: Jan 1 2020, 09:27 AM

I want 4000 units

How much public mutual rate dividen

Happy new year fellow investors.


The MyASNB additional investment is different compare to last year (my last investment was around Sept 19), no more recaptcha and it blocked me after many trials

Public Mutual is a Unit Trust Management Company (UTMC), just like ASNB, CWA, MAAKL, etc. They have hundreds of funds between them, with different objectives and portfolios, and most importantly they are variable prices (NAV/unit changes everyday), so it is a little difficult to answer your question without knowing which funds you are asking about

Essentially their equity-based funds chart the market, sometimes better, sometimes worse, because the fund managers try to beat it - but the more risk you take the higher the performance variance between you and the market you try to beat

Also for variable price funds the returns you are concerned about is a combination of distributions and growth of the NAV/unit. But since the distribution is taken directly from the NAV of the fund, and most people would just reinvest the distributions into buying more units, you are looking at the same thing, you can just combine these two figures into a single percentage of ROI.

4000 units ASM sold to cyberkiddo18

I see the contents in this thread, and I understand that ASNB doesn't need to spend much if any marketing to get people to buy their units unlike the other UTMCs.

Its good that they realize this and have not spent money unnecessarily. The ads i see online related to ASNB are simply asking us to register for ASNB online. That is it. Haven't even seen any ASNB billboards unlike CWA and other funds houses, also insurance companies

Another smooth transfer from ikanbilis. Thanks. Good way of kicking start year 2020. Happy new year to all!