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You want to buy ASM but unable to buy it? FPSP can buy both fixed and floating price funds at the same time.

10/06/2022

If you have been unable to purchase ASNB’s ASM fund, you may want to investigate the FPSP that ASNB has created.

The Financial Planning Solution (FPSP), which allows investors to buy both fixed-price and floating-price funds in one transaction, has been relaunched by ASNB.

The ASNB is a National Investment Board-managed trust fund (PNB). ASNB has launched a total of four FPSP packages, including an ASM and ASN Equity 5 bundle.
2. Imbang 3 Global ASM and ASN package
3. ASM and ASN Equity Global package
4. Sara 1 ASM and ASN matching package

Your money must be split 50 percent to 50 percent with a minimum investment of RM10,000 if you choose the first package, which is the ASM and ASN Equity 5 package. When purchasing ASM, there is no sales charge, but when purchasing ASN Equity 5, there is a 2% sales charge. For example, if you invest RM10,000, RM5,000 will be used to purchase ASM, and the remaining RM5,000 will be used to purchase ASN Equity 5.

ASM and ASN Imbang 3 Global is the second package. This package also includes a 50 percent to 50 percent fund allocation and a RM10,000 minimum investment. When purchasing ASM, there is no sales charge, but when purchasing ASN Imbang 3 Global, there is a 1.75 percent sales charge.

The third package is the ASM and ASN Equity Global package, which requires the money to be divided in half and half, with a maximum investment value of RM10,000. When purchasing ASM, there is no sales charge, however when purchasing ASN Equity Global, there is a 2% sales charge.

The fourth bundle includes ASM and ASN Sara 1, as well as an RM5,000 deposit into ASM and an RM5,000 deposit into ASN Sara 1. A sales charge of 1.50 percent applies to the purchase of ASN Sara 1.

If you want to buy these FPSP investment solutions, you must first create an account with myASNB, after which you can buy them on the myASNB website. Log in to your myASNB account, go to Portfolio, select Ingin melabur dalam Financial Planning Solution Package?, and then select Beli di sini. Choose the bundle you want to buy and then finish the transaction by following the on-screen instructions.

ASM is a fixed-price fund, meaning the unit price remains constant at RM1.00. The price per unit of ASN Equity 5, ASN Imbang 3 Global, ASN Equity Global, and ASN Sara 1, which are all floating price funds, will change with the market on a daily basis.
FPSP deals are valid from May 1 through December 31, 2022.

Notice! There is no advice on buying or selling here; you must consider the risks for yourself.

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