TNG Digital And Amanah Saham Nasional Forge Alliance To Offer Convenient Investment Solutions Via Touch ‘n Go eWallet

From 16 August until 30 September, ASNB investors who invest through the eWallet app will receive up to RM10 cashback.
(credit: TechTRP)

Subscribe to our Telegram channel for the latest stories and updates.

TNG Digital Sdn. Bhd. (TNGD) announced a new partnership with Amanah Saham Nasional Berhad (ASNB), making it the first and only eWallet agent to offer investments in ASNB unit trusts for Malaysians through the Touch ‘n Go (TNG) eWallet.

(From left to right) Mr Desmond Teoh, Head of Financial Services and Mr Alan Ni, Chief Executive Officer of TNG Digital Sdn. Bhd. together with Encik Muzzaffar bin Othman, Chief Executive Officer & Executive Director and Encik Mohd Azlan Masood, Chief Operating Officer of ASNB, at the launch of ASNB investment on Touch ‘n Go eWallet. (credit: TNG Digital)

This partnership enables Malaysians to subscribe to all 17 ASNB unit trusts through the GOinvest feature in the eWallet. These will complement the nine (9) unit trusts that are currently available on GOinvest.

ASNB unit holders can now easily engage in ASNB unit trust investments via GOinvest, all from the convenience of their residences, eliminating the requirement to visit a branch or intermediary in person.

Furthermore, users hold the capability to assess their portfolio’s progress and initiate new investments at their own convenience, regardless of their location.

As part of the encouragement for new users, the process involves straightforward online registration through the myASNB app, subsequently granting them seamless access to their ASNB account via the eWallet, thereby streamlining the investment experience.

Here’s what you can do on the TNG eWallet app:

  1. Access to existing ASNB account: Check total investment, view breakdown of ASNB
    unit trusts, including unit purchases for both Fixed Price Funds and Variable Price
    Funds, and review the last five (5) transactions for each invested fund.
  2. Access to dependent(s) account: View the list of funds invested for dependent(s) and the corresponding unit purchases for both Fixed Price Funds and Variable Price Funds. Check the most recent five (5) transactions for each previously invested fund.
  3. Subscription to new funds: Easily subscribe to new funds for both own account and dependent(s).
  4. Investment in existing funds: Conveniently invest in existing funds for both own account and dependent(s).

The ASNB unit trusts are available for all Malaysians and categorized into two (2) types of funds: Fixed Price Funds and Variable Price Funds.

ASNB Account opening can be initiated as early as newborn age through ASNB Kiosk or over the counter at any ASNB and Agents branches. Additionally for investors aged 18 years and above, the account can also be conveniently opened online via the myASNB app.

The 17 ASNB funds offered through GOinvest in the TNG eWallet are as follows:

In conjunction with the launch, TNGD and ASNB are running a ‘Labur Online Laju’ (LOL)
cashback campaign between 16 August to 30 September 2023, to reward users who subscribe to ASNB Investment GOinvest in the TNG eWallet.

These cashback rewards consist of two (2) tiers:

  • Tier 1: Users will receive RM1 Cashback when they invest RM10 in any ASNB Unit Trust.
  • Tier 2: Users will receive an additional RM10 Bonus Cashback when they invest more than RM500 in any Variable Price Fund.

Malaysians who are interested in learning more about the ASNB Investment on TNG eWallet can visit the ‘Labur Online Laju’ (LOL) event at Setia City Mall from 16 to 20 August.

Booths will be set up to guide ASNB users on accessing their ASNB investment via TNG eWallet. Additionally, there will be a lineup of activities and freebies for everyone attending.

    Share your thoughts with us via TechTRP's Facebook, Twitter and Telegram channel for the latest stories and updates.

    Previous Post

    Comms Ministry: RM500 One-Off Financial Aid Is Fake News

    Next Post

    Sony Slashed PS5 Disc Edition Price By RM220 In Conjunction With Merdeka Day

    Related Posts
    Total
    0
    Share