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. so whether your bumiputra or not, you can invest in ASM it is a fixed price unit trust, meaning that the price per unit is set at 1 ringgit malaysia as well and it will never go up or go down in other words capital guarantee. There are 3 ASM unit trust namely, ASM ASM2, ASM3 talking about creativity right. 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.
It could be RM1 today, but tomorrow it may go down to RM1.10. This will depend on the performance of the underlying asset. All Malaysians can invest in this fund. 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. Amanah Saham is a great option for those who don't like to risk their money by investing in the stock market. Best of luck on your investment journey.