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ASW 2020 New 1 Billion Units

Posted in Malaysia Investment, Malaysia Personal Finance |

ASW 2020
For those of you who still remember that the Securities Commission recently gave PNB the greenlit to increase the fund size of her Amanah Saham Wawasan 2020 (ASW 2020) from the existing 3 billion units to 4 billion units (each unit of ASW 2020 is equivalent to a fixed RM 1.00 in the market).

According to the report, the new units will be launched this coming 1st of September, co-inciding with the unveiling of Budget 2007.

I have been getting quite a number of emails from readers asking if they should invest in ASW 2020 and what was the past records of the fund.

Okie, first of all, these are the figures for ASW 2020 for the past few years, and I must say that this fund usually don’t disappoint investors who wants to get better returns than what the banks are giving.

Year/ Net Distribution

2001- 7.25%
2002- 7.25%
2003- 6.60%
2004- 7.00%
2005- 7.10%
2006- 6.80%

Not too bad, eh? So if you are looking for better interest rate than banks, this might be a good investment vehicle.

As stated in the prospectus, this issuance of the fund’s unit is based on an allocation of 49% to non-Bumis and 51% to Bumis.

If you don’t mind adding some more spice to you investment strategy, you can try investing in offshore funds that usually can provide higher, if not double digit returns.

There’s no wind yet as to when can investor start lining up to buy these fried bananas, but it should be announced pretty soon, so get your camping gears ready.





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  • michael

    Meshio,
    in your statement you mention

    “According to the report, the new units will be launched this coming 1st of September,”

    may i know what report is that and where it come from?? i am totally no idea of this additioner units. if i know i will invest. pls inform me for the up coming increasing fund by PNB. tq very much meshio….

  • khoo pei si

    what can i do, my amanah saham wawasan 2020 saving book is lost?

  • michell peng

    when the ASW 2020 & ASM start launched, the people who already had the saving book just went to top up, the procedure was very fast. Somebody also helped their friends took more than one saving book for top up. But for the new shares, the procedure is very slow. For my experience, I got No.1 that day, when the cashier just finished the procedure, the cashier told me the shares was sold out. You know, how I felt at the time, I was very disappointed . I hope I can buy it at the next coming launch.

  • Eric Wong

    Dear Meshio,

    It is definitely a plus where we can invest in the fund.
    However it appears very odd to me that we need to bring solid cash to subscribe unless we maintain accounts with the agent banks i.e MBB, RHB and CIMB. For post office only cash. Imagine the risks involved to bring thousands of RM in cash to the banks or post offices.
    Not even bank cheques are acceptable to banks or post office. Only ASW HQ accepts bank cheques. The biggest risk is at the Post Office of which not every branch is with security guards. We are surely inviting troubles at one time or another.
    Can something be done so that these banks accept bank cheques for the subscription.
    Thank you.
    Eric Wong

  • Wayne Lee

    Is there any yearly statement or personal statement for Amanah Saham Wawasan 2020??
    I have done the withdrawal is there statement to show the transaction??
    I do the withdrawal with effective services. Satisfied for the services provided by the agent in RHB bank…

    Wayne Lee

  • http://www.meshio.com yowchuan

    Pei Si: You might want to report to the nearest ASNB branch and get them to replace you with a new passbook. You can check the branches here:
    http://www.meshio.com/2008/08/700-sen-for-asw2020/#comment-36084

    Wayne: you can request for the statement here from the branches nearest to you: http://www.meshio.com/2008/08/700-sen-for-asw2020/#comment-36084

  • ymw

    where will launch new fund for year 2008 or 2009, pls inform me when you got news, thx a lot

  • http://www.meshio.com yowchuan

    ymw, I am not exactly sure when new ASW2020 units are launched, but “traditionally”, there are usually launched right before the announcement of the National Budget, which is sometime around Hari Merdeka.

  • drbobho

    I saw it in the bank that if you want to sell your units you will be charged 5% of the total unit cost. It is almost one year dividend! So meaning that you are not making money or might even loss money for one year if you withdraw after taking into account of inflation rate.

    Am I correct?