Dividend is declared every financial year end, FYE (if any). Some funds have FYE every Dec, some every March, some in June – it depends.
Raiz Portfolios are made of 3 ASNB funds;
For ASN Equity 3, its FYE is March.
For ASN Imbang 2, it is also March.
For ASN Sara 1, also in March!
So, if you hold your Raiz Portfolio till the end of March, you may expect to see dividends reinvested into your account in April 2021!
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The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the Raiz product.
The information on this website is confidential. It must not be reproduced, distributed or disclosed to any other person. The information is based on assumptions or market conditions which change without notice. This will impact the accuracy of the information.
Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.
The past return performance of the Raiz product should not be relied on for deciding to invest in Raiz and is not a good predictor of future performance.
The advertisement has not been reviewed by the SC.