How can I get my money out of ASB Investment Funds?
You can withdraw your money, or transfer it to someone else, by contacting the ASB Wealth Advisory Service on 0800 108 084.
You can withdraw lump sum amounts of at least $500 each time through selling units. The funds do not offer any regular distributions to you. However if you're invested in the Conservative Fund or the Conservative Plus Fund, you can set up an automatic withdrawal of at least $100 every fortnight or every month from those funds. This is also funded from selling units.
You can transfer your money to someone else, but the value of your investment after any withdrawal or transfer must be at least $2,000. If the value of your investment falls below $2,000, we can withdraw your money on your behalf and pay it to you. If any of these amounts change, we'll let you know.
We can delay or suspend a withdrawal or transfer of your investment in exceptional circumstances in accordance with the Trust Deed.
Related Answers
-
An ASB Wealth Manager can advise on a range of financial products and services, however the ASB Portfolio Series discretionary ...
-
People who meet with an ASB Wealth Manager generally have at least $250,000 to invest. If you’d like to check ...
-
Transfers into your ASB Investment Funds cannot be reversed. Learn more about how you can get your money out of ...
-
It can take 3-5 working days for the transaction to be visible in your ASB Investment Fund. The units will ...
-
Yes, subject to the recommended investment product or service criteria. Please refer to the ASB Investment Funds Product Disclosure Statement ...
-
Currently automatic payments are not available. However, you can use a direct debit to set up a regular payment either ...
-
After an initial lump sum of at least $2,000 when you first invest in ASB Investment Funds, the minimum additional ...
-
Each year you will receive: A statement every six months showing the value of your investment (and any transactions that ...
-
You can switch between funds by contacting the ASB Wealth Advisory Service on 0800 108 084. Please note, if you ...
-
You’ll need to have a long-term investment timeframe. The funds you have available to invest should form part of your ...
