Stop misleading people with the notion that ASNB fixed price fund min. return is 6%. There is no minimum return, that is just the lowest return historically. The return is still affected by the performance of the underlying equities. It can be higher or lower every year.



Funding Societies is a P2P Lending provider. There are actually a few registered with SC. I personally think it is slightly higher risk than corporate bond but since the entry level is usually very low compared to retail bond, can consider diversify into multiple notes to spread out the risk of default.

I don't invest in retail bond because I personally feel the concentration risk is too high and return is just average. For fixed income, I am more interested in bond funds and P2P Lending.



As you mentioned yourself, there is always a first. Just because it has not happened before does not mean it will never happen. The world is constantly changing. In fact, 6% is the lowest historically up till now. It was higher in the years before. In the past few years, the return seemed to be on a downtrend. What is there to stop it from going below 6% if the stock market is not doing well? Hence, no such thing as minimum return.

ASNB is super popular among Malaysians because it is one of the best low risk and low fees investment options available. Not because of minimum 6% return and guaranteed higher than FD return. There is no guarantee.