Calculation upon Variable Price Fund using ASG as an example.
NAV of the day you invest - 1.1800
Amount of MYR invested - 10000
Units in hand - 8474.58
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Dividend pay on the financial year end - 7.0%
Dividend - 593.22 MYR
NAV of the day - 1.1300
Units paid - 524.97
Total units in hand - 8999.55
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If lets say you want to cash out that day
you will get 10169.49 MYR
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If you stay for 5 years
Y1 - 8999.55
Dividend - 6.8%
NAV - 1.1500
9531.69 MYR
Y2 - 9531.69
Dividend - 6.8%
NAV - 1.1580
10091.41 MYR
Y3 - 10091.41
Dividend 6.8%
NAV - 1.1600
10682.98 MYR
Y4 - 10682.99
Dividend 6.8%
NAV - 1.1700
11303.88 MYR
Y5 - 11303.88
NAV 1.18
Total cash in hand - 13338.58.
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Comparing with FD ( Compounding ) Flat rate 4.0% p.a.
Y1 - 10000
Y2 - 10400
Y3 - 10816
Y4 - 11248.64
Y5 - 11698.58
In MYR.
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Of course you CAN'T invest fully in 1 method only. FD is the best among all when it come to risk. Thus, don't put all eggs in 1 basket. Diversify it.
And see things do happen like now. Crude oil, flood, all affecting nation as well as MY will affecting the BURSA and thus ASG.
Hope I help in this post. Feel free to ask me. My answer may be incorrect but I can tell you some info that banker reluctant to tell you.
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Just to share some info I got ASNB official page.
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ASG Pendidkan
Novagni Cat - MIXED ASSET MY
Fund rating - 2 stars
Peer ranking - 30/42
Unit in circulation - 311.15 Mil Units.
ASG - Kesihatan
Novagni Cat - EQUITY MY
Fund rating - 3 stars
Peer rating - 53/75
Unit in circulation - 409.32 Mil Units.
ASG - Persaraan
Novagni Cat - MIXXED ASSET MY
Fund rating - 3 stars
Peer rating - 21/42
Unit in circulation - 136.64 Mil Units.
** Collectively the three unit trust under the umbrella of ASG have cumulative maximum size of 1.0 billion unit.
*** Potential investor are those who understand investment risk and rewards and are seeking growth of capital over long term period and plan to fulfil the financial requirement for their education/medical expenses/retirement.