ASNB, when many people hear this name, they think it is a fund that only indigenous people can buy. In fact, there are at least 3 funds under ASNB that can be purchased by Chinese.
The funds under ASNB are ASM, ASM 2 Wawasan, ASM 3, ASN, ASN Equity 2, ASN Equity 3, ASN Equity 5, ASN Equity Global, ASN Imbang 1, ASN Imbang 2, ASN Imbang 3 Global, ASN Sara 1, ASN Sara 2, ASB, ASB 2, ASB 3 Didik.
Among the many funds, ASM, ASM 2 Wawasan, ASM 3, ASN Equity 3, ASN Equity 5, ASN Equity Global, ASN Imbang 1, ASN Imbang 2, ASN Imbang 3 Global , ASN Sara 1, ASN Sara 2 are all available for Chinese to purchase.
Most of the funds will pay 4% in 2021, including ASM, ASM 2 Wawasan and ASM 3. Although the 4% return is not ideal, it is higher than time deposits in the current low interest rate environment in China.
The share price of ASM, ASM 2 Wawasan and ASM 3 are fixed at RM1 per unit, while the share price of ASN Equity 3, ASN Equity 5, ASN Equity Global, ASN Imbang 1, ASN Imbang 2, ASN Imbang 3 Global, ASN Sara 1 and ASN Sara 2 are fixed at RM1 per unit. The share prices of ASN Sara 2 follow the market fluctuations and are subject to a 1.5% to 5% commission. Therefore, it is recommended to buy ASM, ASM 2 Wawasan and ASM 3.
The interest settlement date for ASM is March 31 every year, for ASM 2 Wawasan it is August 31 every year, and for ASM 3 it is September 30 every year.
In fact, these National Trusts are open all year round and you have the opportunity to buy in whenever other holders sell their holdings. However, usually the bankers are impatient and afraid of trouble and will tell you that they are not open. If you meet a good banker, they will be patient and help you try. You can also choose to deposit directly through the myASNB website and app.
Dividend payout rates for funds available for Chinese in 2021
Fixed Price Trust Funds.
ASM: 4.00 Sen
ASM 2 Wawasan: 4.00 Sen
ASM 3: 4.00 Sen
Variable Price Trusts.
ASN Equity 3: 3.53 Sen
ASN Equity 5: 2.85 Sen
ASN Imbang 1: 2.74 Sen
ASN Imbang 2: 3.11 Sen
ASN Sara 1: 3.52 Sen
ASN Sara 2: 2.80 Sen
ASN Imbang 3 Global: 1.25 Sen
ASN Equity Global: Newly launched fund, no dividend paid
