ASNB and ASB – The Full Guide to Skim Amanah Saham Bumiputera in Malaysia

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There are many ways that you can choose to increase your return on your savings, and investing your money is one of them. Although a good investment can give a handsome return to the investor, investing in any kind of portfolio holds risks (among them, the main risk is that your investment could go down as well as up, unlike deposit accounts where there is no uncertainty of capital or interest).

There are a few types of investments out there, and while SaveMoney.my does not recommend any in particular, investing in a unit trust is one of your options.

Only because it’s a popular requested topic, we will cover the basics (and not whether you should or should not invest into it) of investing with ASNB, a government supported unit trust management company. Remember, ASNB is the company, and ASB, ASN, ASW2020 etc are the unit trusts (more on this later).

If you’re planning on investing through ASNB, make sure you know all the necessary information before making your move!

*Before we start, we repeat again that SaveMoney.my does not give tips, recommendations nor advice on any specific investment strategies, we are merely presenting facts here.

Amanah Saham Nasional Berhad (ASNB)

Amanah Saham Nasional Berhad or ASNB (Fun fact : Amanah saham is the translation of unit trust in Malay) was established on May 1979 and have been managing unit trust funds for ~25 years. So what is ASNB and who is eligible to open these funds? They are a wholly-owned subsidiary company of Permodalan Nasional Berhad (PNB) and has 9 funds under its management.

These funds are :

  • Skim Amanah Saham Bumiputera (ASB)
  • Amanah Saham Nasional 2 (ASN 2)
  • Amanah Saham Nasional 3 Imbang (ASN 3)
  • Amanah Saham Gemilang (ASG)
  • Sekim Amanah Saham Nasional (ASN)
  • Amanah Saham Wawasan 2020 (ASW 2020)
  • Amanah Saham Malaysia (ASM)
  • Amanah Saham Didik (ASD)
  • Amanah Saham 1Malaysia (AS 1MALAYSIA)

What is a Unit Trust or Amanah Saham?

A unit trust is a collective investment scheme that pools the savings of a large number of investors, of which the fund manager will select and make investments on behalf of those investors in the fund. For more on unit trusts, you can check out our Guide to Unit Trusts in Malaysia (but remember we offer no investment advice).

The money collected is invested by the selected fund manager in different types of stocks, bonds, or other securities in various proportions depending upon the objective of the fund. In ASNB, each fund has its own specifications. For a summary, just go through the table below!

Fund Name
Sekim Amanah Saham Nasional (ASN)
Amanah Saham Nasional 2 (ASN 2)
Amanah Saham Nasional 3 Imbang (ASN 3)
Amanah Saham Gemilang (ASG)
TypeGrowthGrowthBalancedGrowth & Income
CategoryEquityEquityEquity and other capital market instrumentsASG Education - Fixed income securities and other capital market instruments

ASG Health - Equity

ASG Retirement - Fixed income securities and other capital market instruments
Launch DateApril 20, 1981June 9, 1999October 16, 2001March 17, 2003
EligibilityMalaysian Bumiputera :
1. Adult Account
2. Teenage Account (under 18 years old)
Malaysian Bumiputera 18 years old and aboveMalaysian 18 years and aboveMalaysian :
1. Adult Account (18 years and above)
2. Bijak Account (under 18 years old)
Investment ManagerPermodalan Nasional BerhadPermodalan Nasional BerhadPermodalan Nasional BerhadPermodalan Nasional Berhad
Price per UnitSelling and buying of unit is at NAV per unitSelling and buying of unit is at NAV per unitSelling and buying of unit is at NAV per unitSelling and buying of unit is at NAV per unit
Form of InvestmentInvestment book

Certificate
Investment book

Member's Investment Scheme (EPF)
Investment book

Member's Investment Scheme (EPF)
Investment book

Member's Investment Scheme (EPF)
Minimum Initial InvestmentInvestment book - 10 unitsInvestment book - 100 unitsInvestment book - 100 unitsInvestment book - 100 units
Minimum Additional InvestmentInvestment book - 1 unit

Certificate - Multiples of 1,000 units
Investment book - 100 unit

EPF - RM1,000
Investment book - 100 unit

EPF - RM1,000
Investment book - 100 unit

EPF - RM1,000
Maximum InvestmentUnlimitedUnlimitedUnlimitedUnlimited
Approved Fund Size2.5 billion units.2.5 billion units.1.0 billion units1.0 billion units
Sales Charge5% of the NAV per unit.1. 5% of the NAV per unit. (Non EPF)
2. 3% of the NAV per unit. (EPF)
1. 5% of the NAV per unit. (Non EPF)
2. 3% of the NAV per unit. (EPF)
1. 5% of the NAV per unit. (Non EPF)
2. 3% of the NAV per unit. (EPF)
Redemption ChargeNoneNoneNoneNone
Payment of RedemptionOn-the-spot1. Non EPF - on the spot
2. EPF - Redemption amount is payable to EPF only
1. Non EPF - on the spot
2. EPF - Redemption amount is payable to EPF only
1. Non EPF - on the spot
2. EPF - Redemption amount is payable to EPF only
Account Closure and
Income Distribution Entitlement
ASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balance
Fund Name
Skim Amanah Saham Bumiputera (ASB)
Amanah Saham Wawasan 2020 (ASW 2020)
Amanah Saham Malaysia (ASM)
Amanah Saham Didik (ASD)
Amanah Saham 1Malaysia (AS 1 MALAYSIA)
TypeIncomeIncomeIncomeGrowthIncome
CategoryEquityEquityEquityEquityEquity
Launch DateJanuary 2, 1990August 28, 1996April 20, 2000April 20, 20015 August 2009
EligibilityMalaysian Bumiputera :
1. Adult Account
2. Teenage Account (under 18 years old)
Malaysian :
1. Adult Account (18 years and above)
2. Teenage Account (under 18 years old)
Malaysian :
1. Adult Account (18 years and above)
2. Bijak Account (under 18 years old)
Malaysian :
1. Adult Account (18 years and above)
2. Bijak Account (under 18 years old)
Malaysian :
1. Adult Account (18 years and above)
2. Teenage Account (under 18 years old)
Investment ManagerPermodalan Nasional BerhadPermodalan Nasional BerhadPermodalan Nasional BerhadPermodalan Nasional BerhadPermodalan Nasional Berhad
Price per UnitRM1.00RM1.00RM1.00RM1.00RM1.00
Form of InvestmentInvestment book

Certificate
Investment book

Member's Investment Scheme (EPF)
Investment bookInvestment book

Member's Investment Scheme (EPF)
Investment book

Member's Investment Scheme (EPF)
Minimum Initial InvestmentInvestment book - 10 unitsInvestment book - 100 unitsInvestment book - 100 unitsInvestment book - 100 unitsInvestment book - 100 units
Minimum Additional InvestmentInvestment book - 1 unit

Certificate - Multiples of 1,000 units
Investment book - 1 unit

EPF - RM1,000
Investment book - 1 unitInvestment book - 1 unit

EPF - RM1,000
Investment book - 1 unit

EPF - RM1,000
Maximum Investment1. Akaun Dewasa - 200,000 units
2. Akaun Remaja - 50,000 units
UnlimitedUnlimitedUnlimitedUnlimited
Approved Fund SizeUnlimited16.615 billion units.13.91 billion units5.0151 billion units14.0 billion units
Sales ChargeNoneNoneNoneNoneNone. However, the Manager has the discretion to charge up to 1% of the amount invested after the initial offer period.
Redemption ChargeNoneNoneNoneNoneNone
Payment of RedemptionOn-the-spot1. Non EPF - on the spot
2. EPF - Redemption amount is payable to EPF only
On-the-spot1. Non EPF - on the spot
2. EPF - Redemption amount is payable to EPF only
On-the-spot
Account Closure and
Income Distribution Entitlement
ASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balanceASNB is allowed to close the account should the balance in the account fall below the minimum investment balance

ASNB: Performance

To find out more on each funds’ performance, just check ASNB’s Master Prospectus page right here!

ASNB Agents

There are several banks that ASNB has entrusted as agents, these banks are :

These agents provide many ASNB services, ranging from the registration, loan financing (except POS Malaysia), to internet banking facility (click here to get the steps and links to the ASNB internet banking facility). As agents, they are not responsible to manage your selected funds, that responsibility lies solely with ASNB.

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