A lot people looking to know what is Amanah Saham and How it Works?, so what is it? fxcm There are many terms such as ASB/ASM/ASN/ASNB. Let me explain to you what they mean and how they work.
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.
The ASB unit trusts are ASB ASB 2, ASB 3, and for each of them the price per unit is 1 ringgit Malaysia. The historical return on these funds has been greater than 6% ASM.
2. ASM is the fixed-price unit trust available 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. This means that when you invest in an Amanah Saham Nasional, the fund price may vary from one day to another.
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. There are 8 of these funds being offered in the market
4. Finally ASNB, Amanah Saham Nasional Berhad. This is the fund manager that manages the ASB ASN ASM 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.