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ASNB Variable Price Funds, An alternative way to explore MYEQ
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SUSTOS
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 Sep 19 2020, 05:45 PM
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QUOTE(Cyclopes @ Sep 19 2020, 12:12 PM) 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 |
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SUSTOS
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Sep 21 2020, 02:06 PM
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QUOTE(ipunk1026 @ Sep 21 2020, 02:00 PM) online can check using bank account? Just use myASNB portal, no charges. If use other banks will have charges and commissions imposed. |
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SUSTOS
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Sep 21 2020, 02:30 PM
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QUOTE(ipunk1026 @ Sep 21 2020, 02:29 PM) 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. |
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SUSTOS
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Sep 21 2020, 02:39 PM
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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
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