QUOTE(5025 @ May 4 2018, 05:54 PM)
Got from my friend, ASM maybe allocate for certain bank as ASNB financial planning solution package to promote variable fund.
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QUOTE(Hansel @ May 4 2018, 05:54 PM)
Ahh,... this statement finally comes,... yes, meaning people can exit this investment, but NOT allowed to buy-in anymore, in other words, this fund is not taking-in anymore new investors after somebody unloaded the units. As more and more people sell because they needed money, there will be fewer and fewer investors in this fund.
We really need to know PNB's plans for this fund,... should not keep using the dark like this.
QUOTE(ikanbilis @ May 4 2018, 06:07 PM)
Thanks! Now we know PNB keeps 22m of ASM to be used to promote their variable funds

50k asn, sales charge -2.5k return unknown; 25k asm, dividend 6%= 1.5k.
assuming dump all asn upon 25k asm masuk, wait 2 years to cover sales charge, then 3rd years onward 6%.
Is this a good idea?