ASNB Unit Trust is a fund managed by Amanah Saham National Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB).
It was established on 22 May 1979 to manage funds launched by PNB.
ASNB offers a total of 16 funds, including 6 Fixed Price Funds and 10 Variable Price Funds.
Continue reading to find out more!
1. Differences between Fixed Price Funds and Variable Price Funds
| Fixed Price Funds | Variable Price Funds | |
| Price | Fixed at RM1/unit | Varies according to market |
| Sales Charge | No | 1.75%-5% |
| Performance | Stable | Fluctuates according to market |
| Unites | Limited units | Always available |
| Return | Annual dividend payout | Annual dividend payout & capital gain (ie. Selling Price > Buying Price) |
| Dividends Earned Taxable | No | Yes |
| On-The-Spot Redemption | Yes, up to RM1,000 a month | Depends |
2. Risks of Investing
Though investing can bring ample returns when done right, it comes with its fair share of risks that should be noted:
- Both Variable and Fixed Price Funds are subject to the fluctuation of the market and interest rate.
- Capital is not protected by PIDM.
- There is a quota capped to non-Bumiputera for ASM funds.
- Any withdrawal of funds with a value above RM1,000 must be made over ASNB’s branches and agents at the counter.
Below are any ASNB branches or agents for you to open a new account, subscribe and redeem your investment, namely:
| No. | ASNB branches or agents |
| 1 | Maybank |
| 2 | Maybank Islamic |
| 3 | RHB |
| 4 | RHB Islamic |
| 5 | CIMB |
| 6 | CIMB Islamic |
| 7 | AmBank |
| 8 | AmBank Islamic |
| 9 | Hong Leong Bank |
| 10 | Hong Leong Islamic Bank |
| 11 | Pos Malaysia |
| 12 | Bank Simpanan Nasional (BSN) |
| 13 | Affin Bank |
| 14 | AFFIN Islamic |
| 15 | Alliance Bank |
| 16 | Bank Islam |
| 17 | Bank Muamalat |
3. Steps to invest in ASNB Funds
Follow these simple steps to start investing in ASNB funds!
| Step 1 | Download and install the myASNB app |
| Step 2 | Register for your ASNB account by keying in your personal details |
| Step 3 | Take a photo of your IC and upload a video selfie for verification |
| Step 4 | Set up your username and password |
| Step 5 | Proceed to buy your first ASNB units |
| Step 6 | You are required to complete a one-time-only risk assessment |
| Step 7 | Make an initial investment of RM10 via FPX online banking or selected e-Wallets |
| Step 8 | You have successfully purchased your first ASNB units! |
Copies of the Master Prospectus and application forms are available at ASNB branches and ASNB agents. The Master Prospectus also can be downloaded from the ASNB website.
*Funds open to all Malaysians, except funds that are open to Bumiputera only.
Investing involves risk and past return is not indicative of future performance. Please seek a professional Amanah Saham Nasional Berhad (ASNB) expert before making important investment decisions.
Other than investing in unit trusts, you can also consider investing in property! Leave your details below and we’ll have a professional help you with your property investment journey.
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