ASM is now massively open for subscriptions, so is it still worth investing in ASNB at this stage?
ASM, a trust fund owned by the National Trust (ASNB), is currently open for subscriptions in a big way. Those who are interested in subscribing can do so via the myASNB APP or by visiting an ASNB branch.
ASM’s performance settlement date is March 31 every year, so it will announce its dividend around March 31 every year, ASM’s dividend has been decreasing in recent years, this year it only announced 4.50 cents per unit, compared to 4.00 cents per unit in the previous two years.
For those who prefer low-risk investment projects, ASM is certainly a good choice, as investors do not have to worry about losing their capital, but at most the dividends received will be reduced. Judging from the dividend figures of previous years, ASM’s dividends will definitely be higher than fixed deposits.
For investors who are looking for a high rate of return, ASM would not be a good choice. If one has a little investment knowledge, investing in the stock market, business or real estate, one can surely get a higher return than ASM dividends. With the further expansion of ASM funds, it has become increasingly difficult to get more than 6% yield in ASM.
Therefore, whether it is still appropriate to invest in ASM at this stage depends on the rate of return that the investor expects to earn and the risk that he or she can bear.
