Being discussed at Fixed Price ASNB thread, thought it can be highlighted here since the funds in it are variable funds

Though the options are really limited. Its just ASN Equity 3, ASN Imbang 2 and ASN Sara 1. I wish they expand the number of funds they have beyond just the ones by ASNB

There is a new fund by ASNB. ASN Imbang 3 Global. Just launched today.

Nobody is covering it for some strange reason.

Looks like a new Balanced VP fund with a global mandate. Can invest overseas

Sales charge 4% (1.75% if via myASNB app) with 1.5% Annual Management Fee

Anyone interested?



This post has been edited by Eurobeater: Sep 16 2020, 07:08 PM


Attached File(s)
 ASN_Imbang_3_Global_brochureBM.pdf ( 2.14mb ) Number of downloads: 50
 Prospectus_ASN_IMBANG_3_GLOBAL.pdf ( 4.42mb ) Number of downloads: 36
 PHS_ASN_IMBANG_3GLOBAL.pdf ( 583.24k ) Number of downloads: 33

I would prefer to wait for the 'Fund Fact Sheet' to be out first before making any moves tbh. Would like to know where the money is going into.

Should i sell my ASN 3? I think I got sweet talked into buying it, after seeing how after dividend the nav also dropped lololol, actually why does this happen?

The NAV consist of both cash balance and funds invested in securities/stock/shares. The cash is realised after sale of the securities, probably with a profit. These profits are paid out as dividend. Some Funds dont pay out dividends. The NAV will reflect the lower value after the payout.. This is the reason for the fall in NAV after a dividend outflow.

Variable price funds are all like that. It's too bad many lay persons know nothing about it and was fooled by UT agents saying "we pay dividend every year" (you know which bank promotes these kinds of mutual fund products aggressively. )

This post has been edited by TOS: Sep 19 2020, 05:46 PM

By ASN 3, are you referring the the fixed price one or another variable price fund?

FP don't recommend to sell coz its a super FD and pretty safe. Unless you want to sell and give me chance to buy units

it's VP

i went to RHB ask they say fixed price ASM is not open, any way i can know when this open for subscribe?

ASM is always limited. Need to keep trying to buy online

online can check using bank account?

Just use myASNB portal, no charges. If use other banks will have charges and commissions imposed.

then i guess i need go their branch for register.

If you already have units in ASNB before, you can register online directly, no need to visit any branches.

nope, dont have any.

Oh, then you need to visit them then. (I should clarify that any units in any ASNB funds will do, no need to be fixed price fund. If you have purchased say, ASN Sara 1 units before, then that would also be fine to register for myASNB online).

This post has been edited by TOS: Sep 21 2020, 02:39 PM

You can try to purchase in bundle through banks but min 30k depending on what the specific bank is offering.

ASM1 + ASN Imbang 3 Global bundle will be available through CIMB on 7th Oct. Limited units available for ASM so check with the bank branches or relationship managers (RM) there.

Apologies ahead if wrong info. I received this news through RM at a CIMB branch I frequent.

Is this offering available today? Anyone can confirm this thanks...

Try calling the bank. I am still thinking if to go for this, hence I haven't ask any update from the RM