Rattibha

ASB dividends are calculated every month based on the lowest balance in your account, so it doesn’t really matter when you invest every month.
Example 1:
You start the year with RM5,000 and invest RM1,000 every month.
The dividend for January is based on RM5,000 (lowest balance).
The dividend for February is based on RM6,000.
And so on.
Example 2:
You start February with RM5,000 but withdraw RM1,000.
Your dividend for that month will be based on RM4,000 (lowest balance).
ASB bonuses (for the first RM30,000) are also calculated in a similar manner.
The profits will automatically be re-invested into your account as additional units in January each year.
More detailed examples below. 👇

Scenario 1:
You start with RM50,000 and made a recurring transaction of RM100 every month via myASNB Auto Labur.
Your total monthly minimum balance will be 606,600 units, and the total dividend (based on 2022 returns) will be RM2,475.31.

Scenario 2:
You start with RM22,300 in January but redeemed RM300 every month through 2022.
Your total monthly minimum balance will be 244,200 units, and the total dividend will be RM1,037.86.