Went to BSN for some facts finding.. and this is what i gathered..
suppose they can really give 6%/year div, the management fee -5% will set you back for only 1% first year and 6% second year (if u are lucky), hence average only 3.5%/year for 2 years time frame, why bothered ASN when u can get PIDM coverage with FD?
was told one ASN3 product was issued years back is selling currently for only RM1.01 which is like negative performance after minus inflation. Any savvy investor could perform better than their fund managers.
Also, their portfolios only focus on solely Msia stocks with high composition of financial markets, if investors really want stock exposure in RM, they can just buy maybank and pbb stocks, again why bother to go for ASN? If you were to risk your capital, why dont u just go buy some reits stocks instead.
Based on these facts, if you want diversification, this is definitely not an instrument to go for, it doesn't invest in bond, it doesnt invest in foreign exchange. It's just like buying the KLSE index.
but seeing the on going popularity of this thread, i suspect i might missed out something on the reasons why so many happily going for it.
Dude. Wake up.
Those you research is VP. Hence the results..