Between ASN funds and other UTC's funds - Which is better? RE-PUBLISHED

1. PRICE PER UNIT (also known as NAV) AND NUMBER OF UNITS.

          When a comparison is made, generally the Net Asset Value (NAV) of Amanah Saham Nasional
          (ASN) will always be greater than any other NAV of (Equity type) funds that belongs to other Unit  
          Trust Company (UTC)
          This in return will leave the account holder with lesser units than those who purchase (Equity type)
          funds from other UTC.
          Example: In reality the NAV of ASN is always RM1.00 per unit and the NAV of funds (Equity
          type)  of UTC will
          generally starts at RM0.25 a unit (new fund launch price). So if you invest RM 10000, your units if
          you purchase ASN, assuming sales charge is 5.50%, will be (RM 9478.67/1.00) = 9478.67 units.
          Alternatively, if you purchase a new fund from other UTC, and assuming the sales charge is 5.50%,
          your units now will be (RM 9478.67 / 0.25) = 37914.68 units.
          What it means?? It means, given a same invested amount, ASN gives lesser units
          than of other Equity type funds from any UTC.

          In Unit Trust Scheme, your return is directly related to the number of units you purchased.

•           More units = Higher return.
•           Less units = Lower return.

         Price per unit between this two types of fund also varies tremendously. ASN's price a unit (which is  
         normally RM1.00 a unit) is way too high when compared to RM 0.2500 a unit of equity funds from
         other UTC. So, if next time if you want to decide to buy unit trust funds, please observe the price per
         unit and with that price do check how many units you would be given!!