A lot people looking to know what is Amanah Saham and How it Works?, so what is it? fxcm A lot of term such as ASB/ASM/ASN/ASNB, let me share you all this term and how it works?
A lot people wanted to know what is Amanah Saham (a local unit trust in Malaysia) and how to invest with it? So a few term in Amanah saham, example ASM , ASB, ASNB and ASN, I believe most of us are pretty confused with this term so let me clarify each of these term one by one
1. ASB is Amanah Saham bumiputra, the name of a fixed-price unit fund that is only open to bumiputras. Fixed-price unit trust means that the fund price is fixed. In this case, it's 1 ringgit malaysia for ASB. The price of the unit won't ever change. in other words its capital guarantee so when you invest a hundred ringgit malaysia into ASB. You will never lose your capital of 100 ringgit malaysia, because the unit price has been fixed and won't go up or down.
There are three ASB unit trust, namely ASB ASB 2 ASB 3 for all of them, the fund price is set at 1 ringgit malaysia per unit and the historical return has always been more than 6% a year ASM,
2. ASM, Amanah Saham Malaysia is the fixed price unit trust that is open to all Malaysians. ASM is open to all Malaysians, bumiputras or not. It is a fixed-price unit trust. This means that the price of each unit will always be 1 ringgit, and never increase or decrease. ASM, ASM2, ASM3 are the three ASM unit trusts. The fund price for all these, is also RM1 per unit and historically the return has always been above 6% as well.
The third option is ASN - Amanah Saham Naional. This one is different as it is not a unit trust with a fixed price. it is a variable price unit trust, meaning when you invest in a Amanah Saham Nasional the fund price can vary from day to day.
Today maybe it's RM1, tomorrow it can go to RM1.10 or lower than that it will depend on the performance if the underlying asset so it works more like a normal unit trust and it is open to all Malaysians to invest in it. Eight of these funds are available in the market
4. Finally ASNB, Amanah Saham Nasional Berhad. this is the fund management company that manages all the ASB ASN ASM so they are basically the company that manages all these funds.
All these terms should be clear to you now. ASB is a fixed unit trust that is only open to bumiputra ASM is a fixed unit trust that is available to all Malaysians ASN is based on varying prices and is open for all Malaysians ASNB manages these three funds.
We all struggle to earn money, whether online or offline. So, it is important to leverage our investments to get a return on our money. If you don't want to take risk like invest in stock market, Amanah Saham unit trust will be a good option for you to invest in. Best of luck on your investment journey.