You are advised to read and understand the contents of the latest Master Prospectus and Supplementary Master Prospectus (if any) of the funds, which have been registered with the Securities Commission, before investing in any of the funds. The copies of the Master Prospectus and application forms are available at ASNB branches and ASNB agents. The Master Prospectus also can be downloaded from ASNB Website.
You can perform all the transactions at any ASNB branches or agents namely :
Additional investment also available via online through Maybank2u, CIMBClicks, AffinOnline, RHBNow and HLB Connect. Subject to terms and conditions.
No "Cooling-Off" imposed. You can redeem your investment any time at any ASNB branches or agents.
Yes, you can switch the unit between the funds but it's limited to the following funds only:
You can find the information in the newspaper (Utusan Malaysia) or at ASNB branches or agents or you may get it from our website at www.asnb.com.my or call our Customer and Agent Relations Department at 03–2057 3000/2057 3111.
The price per unit is determined based on forward pricing. Valuation is conducted at the end of each business day. The NAV per unit is calculated at the next valuation point after the application is received and accepted by ASNB.
The NAV per unit of the Fund is calculated by dividing the Fund's NAV by the number of units in circulation, rounded to four decimal places. The NAV per unit forms the basis of the computation of Manager's Price.
The advantages that you will get are as follows:
You may visit our nearest ASNB branch , contact our ASNB Call Centre at 03 – 7730 8899 or email to asnbcare@pnb.com.my
Unit split refers to where a single unit is split into more than one unit based on an agreed ratio.
ASNB Board of Directors has approved to implement unit split at a ratio of 1-unit-for-1 unit held (1:1).
As at June 30, 2014, ASN Equity 2 consistently outperformed its customised benchmark (80% FTSE Bursa Malaysia 100 Index and 20% Money Market Rates Interbank 3-month) for the 3-year, 5-year and 10-year period. Unit split will reduce the fund's net asset value (NAV) per unit by half, making it more attractive to existing and new investors.
Unit holders who maintain their ASN Equity 2 investment units up until July 18, 2014.
Yes. Every unit invested through EPF is entitled for the unit split.
Yes. Additional units received will be collateralised with the original loan/collateral units.
Yes. However, the minimum requirement of 1,000 units will remain as stated in the agreement. The 1,000 additional units will be credited into the investment book.
Unit split will be implemented using the NAV of the fund as at July 18, 2014 and the activity will be printed as July 19, 2014 in the investment book.
Only units that remain on July 18, 2014 will be entitled for the unit split.
No. Unit split will double the unit in circulation and thus the NAV per unit of the funds will be adjusted to half of the original value. At the same time, the fund's par value will also change from RM1.00 to RM0.50. As such, unit split will not reduce the unit holder investment value because even though NAV per unit reduced, the number of units held by the unit holder will be increased based on the ratio of the unit split. Hence, the investment value for every unit holder remains the same.
| *Unit held before the unit split | Par value before the unit split | *NAV per unit before the unit split | *Investment value before the unit split | *Additional unit received after the unit split |
|---|---|---|---|---|
| 1,000 | RM1.000 | RM1.3557 | RM1,355.70 | 1,000 |
| 2,000 | RM1.000 | RM1.3557 | RM2,711.40 | 2,000 |
| 3,000 | RM1.000 | RM1.3557 | RM4,067.10 | 3,000 |
| *Total unit held after the unit split | Par value after the unit split | *NAV per unit after the unit split | *Investment value after the unit split |
|---|---|---|---|
| 2,000 | RM0.5000 | RM0.6779 | RM1,355.70 |
| 4,000 | RM0.5000 | RM0.6779 | RM2,711.40 |
| 6,000 | RM0.5000 | RM0.6779 | RM4,067.10 |
* Note: For the sole purpose of calculation simulation only, not the actual value of ASN Equity 2 investment.
Any ASN Equity 2 income distribution rate to be announced in the future will be adjusted accordingly with this unit split activity. For example, if the fund capacity in the future with the assumption of no unit split is 6.00 sen per unit, income distribution rate will be adjusted to 3.00 sen per unit in accordance with the unit split. However, the adjusted income distribution rate will not affect the dividend yield as shown in the table below. As such, it is ASNB's priority to ensure that the performance of ASN Equity 2 will be able to generate competitive total return in line with the fund objective.
| Dividend yield without the unit split | |||
|---|---|---|---|
| Income distribution rate (sen per unit) | NAV per unit before income distribution | NAV per unit after income distribution | Dividend yield |
| 6.80 | RM1.4014 | RM1.3334 | 5.10% |
| 6.90 | RM1.4014 | RM1.3324 | 5.18% |
| 7.00 | RM1.4014 | RM1.3314 | 5.26% |
| Dividend yield with the unit split | |||
|---|---|---|---|
| Income distribution rate (sen per unit) | NAV per unit before income distribution | NAV per unit after income distribution | Dividend yield |
| 3.40 | RM0.7007 | RM0.6667 | 5.10% |
| 3.45 | RM0.7007 | RM0.6662 | 5.18% |
| 3.50 | RM0.7007 | RM0.6657 | 5.26% |
Unit split will adjust the NAV per unit of the fund. The adjusted ASN 2 price will make it more attractive for new and existing unit holders to increase their investment in ASN Equity 2. ASNB wishes that investors will take advantage of the ASN Equity 2 performance which has consistently outperformed its customised benchmark.
Unit split will encourage ASN Equity 2 subscriptions. The increase in the fund's unit in circulation will help the fund to invest in companies that can potentially provide reasonable return.
The funds involve are:
The new maximum individual limit for Akaun Remaja ASB and Akaun Bijak ASB 2 is 200,000 units.
Previously, the maximum individual limit of Akaun Remaja ASB and Akaun Bijak ASB 2 is 50,000 units only.
This initiative was done to encourage the prudent investment habits in ASNB Funds particularly among youths.
2 Januari 2018.
All Muslim Malaysians are entitled to invest in ASNB's unit trust funds that are reserved for the Bumiputera. This group of people fall under the category of minority.
A warning letter will be sent and an extended 30-day period will be given. If ASNB still does not receive any response, the process of closing the account will be carried out. If the account has investments, it will be paid out by cheque and sent to the registered address.
If the unit holder's eligibility has had been verified by ASNB, he/she doesn't need to submit the document again to prove his/her eligibility to open a new account. ASNB branch/agent will liaise directly with the Eligibility Unit to confirm the eligibility of the applicant.
Yes, a foster child can be categorised as Bumiputera following his/her foster parents' descendant if the information of the foster child is not stated in the birth/adoption certificate.
Malaysians between 18 and 55 years of age, working and have been contributing to the EPF savings.
The minimum amount of investment is RM1,000 and no limitation limit as long it do not exceed the minimum withdrawal amount.
| The maximum amount of investment is 30% from the total saving in account 1 after deducting the basic saving amount | = [(Total Saving in Account 1-Basic Saving Amount) x 30%] |
Example:
| A 36-year-old investor has a total saving of RM60,000 in his Account 1 | = [(60,000 – 55,000) X 30%] |
| = 1,500 |
Please click link : Jadual Kadar Simpanan Asas KWSP
The minimum amount allowable is RM10.
For private sector employees, they need to complete the Salary Deduction Facility Form (PPS-SPG) and send it directly to their respective payroll unit.
For public service personnel, they need to complete the Federal Public Service Officers Salary Deduction Authorization Form (SPG ASNB) and send it to their respective payroll unit.
ASNB will credit the deducted amount within 7 working days from the date it receives the completed documents from the employer and not from the date the salary deductions are done by the employer as stated in the employer's pay slip.
Yes, he can. However, ASNB advises unit holders to make one salary deduction at one time.
Effective 1st June 2021, verification of the documents by ASNB are no longer required BUT subject to the following condition:
Please enclose any of the top of the following documents showing the member’s name and ASNB account number as proof of a registered ASNB Unit Holders:
Unit holders need to formally write to Biro Angkasa to inform about the termination of the SPG ASNB. Once the deduction is no longer done by Biro Angkasa (check the pay slip), unit holders have to complete the SPG JANM and SG20 forms and submit them to the employer.
ASNB's Main Counter in Kuala Lumpur, ASNB's branches and agents (Maybank, CIMB, RHB, BSN and Affin Bank).
A minimum of 1,000 units and multiples of thousand.
ASNB's Main Counter, Kuala Lumpur and ASNB's branches.
Unit holders can request for a replacement by submitting the replacement form together with RM10 Stamp Duty to ASNB's Main Counter.
No. The participant can only use the income distribution money because the principle money is owned by the Government.
The principal offered is RM10,000.
The principal offered is RM5,000.
For funds that are open to all Malaysian, there is no restriction on transfer from Bumiputera to Non-Bumiputera UnitHolder, vice versa. However, the transfer is subject to availability of units and ethnical allocation (where applicable) of the funds.
The transaction for minor must be performed by Registered Guardian only.
Only the presence of transferor is required to perform the transfer transaction.
Please refer to the Master Prospectus and any accompanying Supplemental Prospectus(es) for more information of the unit trust funds.
Unit holders need to perform 2 transactions;
The transfer of units are subject to availability of units. The transaction is subjected to transfer and switching fee.
The latest Switching fees can be accessed via ASNB official website and the fees have been revised with effect from 6/5/2023. Click here.
The revision of online Switching fee is applicable for ASNB variable price funds via ASNB digital platforms only ie myASNB portal/app and kiosk machines. The Switching fee via OTC remains unchanged.
No. The Switching fee for EPF-MIS remains unchanged.
However, the online Switching facility for ASNB variable price funds in EPF-MIS via i-Invest platform is temporarily suspended effective from 6/5/2023 to 31/12/2023 and you may perform your switching transactions for ASNB variable price funds at any ASNB branches.
Details on the Switching fee for EPF-MIS via OTC can be accessed via ASNB official website. Click here
Please refer to the Master Prospectus and any accompanying Supplemental Prospectus(es) for more information of the unit trust funds.
No. Based on the current guidelines, the beneficiary has to both sign and thumbprint using his left hand thumb. If one part is missing, he has to provide reasons such as "Illiterate".
No. Only black inkpad is acceptable.
No. Only the Commissioner of Oaths and the Inland Revenue Office (LHDN) can put a stamp on the "stamp duty "column.
No. The "Stamp Duty" can only be cancelled by the Commissioner of Oaths and the Inland Revenue Office (LHDN).
It acts as an acknowledgement by the beneficiary/administrator that all the information is accurate and correct and the beneficiary has understood all the terms and agree as well as willing to compensate ASNB of any claim in respect of the application and payment of the estate to them as well as protecting ASNB and the deceased's estate.
No. The beneficiary has to register his marriage in Malaysia first. Only documents issued in Malaysia are accepted.
No. Only documents registered in Malaysia are accepted.
No.
Get the relationship verification letter from any of these organisations namely, JPN, JAKOA or Faraid Certificate. Or get the Letter of Administration from the Civil High Court or Sabah/Sarawak Native Court.
A Marriage Certificate, Birth certificate, Pension Card, Faraid Certificate or any official document which shows the relationship between the beneficiary and deceased.
No.
The beneficiary can get Faraid Certificate from the Shariah Court (for claim of RM10,000 or below) or Letter of Administration to prove that the beneficiary has the right to receive the payment.
The beneficiary needs to get the verification from the JPN that says the Death Certificate belongs to the same unit holder as in the ASNB database system.
Yes, provided that the JPN's record has been updated.
Get a copy of the Death Certificate from the JPN.
Get the letter of renunciation of citizenship and death confirmation letter from the JPN.
No. The beneficiary has to get the death confirmation letter from the JPN.
It is an order for the distribution and administration of an estate, which is under the jurisdiction of federal agencies such as Amanah Raya Berhad , the Estate Distribution Section, Department of Director General of Lands and Mines, and the Civil High Court to determine the beneficiary/ administrator who is entitled to receive the estate of the deceased.
The beneficiary/administrator needs to make amendments in the Letter of Administration by including the deceased's ID number. Please ensure that the number is identical with the one in the investment book/certificate.
ASNB will make payment according to the name stated in the Letter of Administration.
Faraid Certificate or the Distribution Order from Syariah Court is acceptable only if the total accumulated investment unit of the deceased is below than RM10,000. If the total accumulated investment exceeds RM10,000, Faraid Certificate is not applicable because the jurisdiction to appoint an administrator is under jurisdiction of the Civil High Court unless it is from the Shariah Subordinate High Court Sabah/Sarawak or it is clearly stated that the assets of the deceased is of Hibah.
The beneficiary needs to fill in the T1 Form. The Estate Claim Unit of ASNB will inform the SARA 1Malaysia Unit in order to process the loan cancellation with the bank. Only when this is done, ASNB can process the claim.
The beneficiary has to resolve this matter first with the bank or the lending institution.
The bank/lender will then submit one of the following documents:
The beneficiary has to resolve with the respective bank or lender himself.
Please ask for a cheque replacement through ASNB's branches. Our Account Department will process for the replacement.
Beneficiary claim can be processed via fund transfer (similar fund) into active beneficiary account regardless of the fund availability.
Please update beneficiary details at the nearest ASNB branches, to ensure that there is no error during the fund transfer process.
The beneficiary needs to produce documents to prove that the deceased is the same person or Letter of Administration to allow payment for two different accounts.
Data discrepancy is the discrepancy found in the deceased details, namely the name or ID number between the supporting documents and ASNB's system.
| Letter of Administration | Amendments on the Letter of Administration from the issuance party are needed together with the name, title and signature. |
|---|---|
| Without Letter of Administration | Document verification is needed to verify the discrepancy data is referring to the same person. |
| The deceased name is different from the one in the system for case of converts/apostates | Attach the official document of conversion to verify that it is referring to the same person. |
If the payment method is done through transfer, the details/data on the system and documents must be identical to allow the transfer.
Yes, provided that the Identity Card number of the deceased in the ASNB system and claim documents is the same.
Yes, if the information on the deceased's relationship is in the beneficiary's supporting documents (either mother or father).
Based in clause 24 (4) of Bankruptcy Act 1967, when a person is declared bankrupt, his property is no longer belong to him, and it shall be submitted to the Director of Insolvency.
Yes, the claim will be paid according to Letter of Administration if no correction was made.
No. Only the next-of-kin is allow to claim.
Cannot. A court order must be obtained or wait until the beneficiary reaches the age of 18 years.
No. A court order must be obtained for the administrator of the estate.
No. The next-of-kin must be of the same religion as the deceased. The beneficiary must obtain the Letter of Administration to receive the payment.
Husband/wife, children, father/mother, siblings, grandfather/grandmother.
The other beneficiaries who make the claim can write an official letter to ASNB stating that one beneficiary refuses to co-operate and the letter must be signed by all other beneficiaries whose named are in the Letter of Administration. ASNB will then write a letter to the uncooperative beneficiary for a feedback if there is repeated case or new order.
No. Just fill in one T1 Form only.
The revised structure of ASNB Khairat will be effective on 15 October 2020. Therefore, any application received on or after the effective date is subject to the revised structure of ASNB Khairat.
The eligibility criteria for ASNB Khairat is as follows:
| Item | Criteria |
|---|---|
| Claimant (‘Waris Qadim’)* |
|
| Unit Trust Fund | The deceased has registered for at least one ASNB unit trust fund with minimum balance of 1 unit |
| Claim Period | Khairat application must be made within 6 months from the Date of Death |
*Non-Muslim claimants are eligible to claim Khairat entitlement for a Muslim deceased unit holder.
The Khairat can be applied at any ASNB branches or agents and the process will follow the current claim procedure.
Claimant will receive ASNB Khairat in the form of cash only at over-the-counter (OTC).
The ASNB Khairat entitlement is based on the holding units of the deceased on the Date of Death as follows:
| Total Units Holding | Khairat Entitlement |
|---|---|
| Below 1,000.00 units | RM200 |
| 1,000.00 units and above | RM500 |
Yes. Any Khairat claim will be processed based on the application date at ASNB branches or agents.
Hibah Amanah is the combination of "hibah" and trust concepts. It is a gift in the form of ASNB unit trust fund (Hibah Asset) from a Unit Holder (Donor) to his loved ones (Donee) during his lifetime based on the terms and conditions stated in the Hibah Deed. Transfer of the asset to the Donee(s) takes effect only after the demise of the Donor.
Hibah Asset is the ASNB unit trust fund(s) registered under Hibah Amanah by the Donor during his lifetime through the Hibah Amanah Deed:
Under the Malaysian law, the trust is classified as personal property such as company shares. Thus, the inheritance of unit trusts is subject to the laws of probate and administration where only the administrator or executor appointed by the court can claim the deceased donor's assets. On the other hand, EPF and Tabung Haji were established under their own acts that allow direct nominees.
Without an alternative solution like Hibah Amanah, the estate distribution process is complicated and time-consuming. The situation will be more complicated if there are overlapping claims and disagreement among the beneficiaries.
Through Hibah Amanah, unit holders can plan their estate distribution to their beneficiaries and this will shorten the claim process after their demise.
Hibah Amanah is based on the Sharia law. However, Faraidh law still prevails in the estate distribution for Muslims. Therefore, unit holders are advised to be fair in distributing their Hibah assets.
Yes, but a Guardian must be appointed to act on behalf of the Minor Donee aged 18 and below. The Guardian must be appointed among:
Registration can be performed at any ASNB branch.
Complete the following documents and submit with the registration fee:
Yes, the Ijab and Qabul are compulsory; therefore, both the Donor and Donee must agree to give and accept by signing the relevant documents.
Yes, subject to the minimum balance of 1,000 units throughout the period of Hibah Amanah.
Yes, subject to the minimum balance of 1,000 units throughout the period of Hibah Amanah.
The unit trust fund registered under Hibah Amanah can be suspended or frozen as ordered by the authority, subject to the terms and conditions of Hibah Amanah, Master Prospectus, Deed of the unit trust fund and the EPF.
One of the requirements for Hibah Amanah is to have an asset to be distributed. Therefore, the minimum balance of 1,000 units is necessary to ensure that there will be investment units available after the demise of the Donor as the Donor is allowed to do transactions during his life time.
No. Only ASNB unit trust funds can be registered under Hibah Amanah.
All the units in each trust fund will be distributed to the Donee(s) in its entirely (100%).
Example: The Donor has an investment in the ASN Imbang 2 fund. He must distribute 100% of the units to the listed Donee(s) as follows:
Yes. However, changes can only be made if it involves biological child and grandchildren. Otherwise, the revocation of the Hibah Amanah must be made and the Letter of Donee consent on return of asset to Donor must be submitted during application.
In the event the Donor dies first, the Hibah asset will be the absolute right of the Donee(s). On the other hand, if the Donee(s) dies first, the ownership of the Hibah asset will be returned to the Donor.
Units invested via financing is subjected to the agreement between the Donor and the Financing provider. Units still under financing will be paid to the Financing provider. Only the Donor's wholly-owned units free from encumberance will be distributed to the Donee upon claim.
Based on Sharia law, Hibah Amanah cannot be revoked, except if it involves hibah to biological child or grandchild.
Trust Declaration is the appointment of individuals as Donee(s) by a Unit Holder (Donor) during his lifetime through a Trust Deed. The distribution and claim payment will be made after the death of the Unit Holder.
Trust asset is the ASNB unit trust fund(s) by the Unit Holder during his lifetime through a Trust Deed:
Under Malaysian law, unit trust is classified as personal property such as company shares. Thus, the inheritance of unit trusts is subject to the laws of probate and administration where only the administrator or executor appointed by the court can claim the deceased Donor's assets.
On the other hand, EPF and Tabung Haji were established under their own acts that allow direct nominees.
Without an alternative solution like Trust Declaration, the estate distribution process is complicated and time-consuming. The situation will be more complex if there are overlapping claims and disagreements among the beneficiaries.
Trust Declaration can assist the unit holders plan their estate distribution to their beneficiaries.
A guardian must be appointed by the court who will be acting on behalf of the Donor based on the court's order.
Yes, but a guardian must be appointed to act on behalf of the minor Donee , age 18 and above. The appointed guardian must be among:
Registration can be performed at any ASNB branch.
Complete the following documents and submit with the registration fee:
No.
Yes, subject to the minimum balance of 1,000 units.
Yes, subject to the minimum balance of 1,000 units.
The funds registered under Trust Declaration can be suspended or frozen as ordered by the authority, subject to the terms and conditions of Trust Declaration, the Master Prospectus, the unit trust fund deeds and the EPF.
One of the requirements of Trust Declaration is to have an asset to distribute to the Donee. The Donor is allowed to perform transactions during his life time. Therefore, the minimum balance of 1,000 units is necessary to ensure that there will be units available for distribution to the Donee after the demise of the Donor.
No, he cannot. Only ASNB unit trust funds can be registered under Trust Declaration.
All the units in each trust fund must be distributed to the Donee(s).
Example: The Donor has an investment in the ASN Imbang 2 fund. He must distribute 100% of the units to the listed Donees as follows:
Both parties namely, the Donor and Donee(s) agree that in the event of the death of the Donor before the Donee(s), the Trust Asset will be distributed according to the division specified in the Trust Declaration Deed and it will become the absolute right of the Donee(s). On the other hand, if any one of the Donee(s) dies before the Donor, the Trust Asset will be returned to the Donor.
Units invested via financing/collateral are subjected to agreement with the Financing provider. Units under financing will be paid to the Financing provider. Only the unit wholly-owned (full ownership) by the Donor will be paid to the Donee.
Yes, Trust Declaration can be revoked.
16 May 2019
RM25,000 per day per customer for the total investments in all ASNB unit trust funds
It is a risk prevention measure to counter the misused of accounts for money laundering purposes and also for the safety of our investors.
The investment limit only applies when the investment transaction is done through cash. If the investor invests in cash, ASNB can only accept a maximum of RM25,000 in a day. This includes investment in all ASNB products on the same day.
If the investor invests in the following manner, no investment limits apply, namely:
The investor can perform the investment through one of the following methods:
The applicant/investor can make an investment through such methods as specified in item V. a),b),c),d) and complete the "Know Your Customer" Declaration Form.
Or
Make a cash investment of RM25,000 and the balance RM25,000 (or more) can be made through the methods as described in item V. a), b), c), d) and complete the "Know Your Customer" Declaration Form.
As a guide refer to the table below:
| Investment Application By Each Customer Per Day | Payment Methods | Note | |||
|---|---|---|---|---|---|
| Own (RM) | Third Party (RM) | Amount (RM) | Cash (RM) | Other Methods (RM) | |
| 25K and below | - | 25K | Maximum 25K | No Limit | The total investment for each customer whether for himself/herself, as the registered guardian of Akaun Remaja/Bijak and/or as the third party for all of the ASNB funds subscribed within a day. |
| - | 25K and below | 25K | Maximum 25K | No Limit | |
| 25K | 25K | 50K | Maximum 25K | Balance or remaining amount | |
1 January 2017.
SDT transaction occurs when investment and redemption of units is performed in the same unit trust fund on the same day.
Transactions are not categorized as SDT when the investments are from the following:
It is a measure to prevent unitholder’s account from being misused for money laundering and terrorism financing activities as well as for the safety of ASNB’s unitholder’s accounts.
No.
Unitholder should be more sensitive to their needs when performing investment or redemption of units and not to use their unit trust account like a saving account at a financial institution.
1 March 2017.
The rational for such charge, among others, is to take into consideration the process involved in the searching transaction record and the costs of operation and administration. In addition, several other financial institutions in Malaysia too have made similar practice by implementing searching transaction records charge policy.
By comparison, the charge imposed by ASNB is the most competitive among other financial institutions.
There is no exemption granted. However, the charge will be refunded to the applicant/complainant if the investigation resulting to a discrepancy between the investment balance/invalid withdrawal is due to agent’s mismanagement.
If the result of the investigation found that the discrepancy in the investment balance /invalid withdrawal is due to the unit holder’s forgetfulness or confusion, the charge will remain and will not be refunded.
The searching charge is applicable to the following records:
The time frame in which you can request the transaction document dates allowed is seven (7) years from the date of application for searching transaction records.
According to the Master Prospectus, ASNB will keep all the related documents of fund transactions for each trust fund for seven (7) years from the date of the documents issuance. Therefore, ASNB is not obliged to submit any documents which have exceeded the seven (7)-year period from the date of the issuance.
The searching charge is RM35 for each application or RM37.10 inclusive of GST.
No. Please refer to questions No. 2, 3 & 4.
Applications can only be done by the unit holder or registered guardian. Third party is not allowed to apply on behalf of applicant.
Application of this service can be done at any ASNB branch.
No.
The applicant/complainant must complete the following documents:
The applicant/complainant does not need to apply for the refund.
ASNB will refund the searching charge to the applicant/complainant if the investigation result found that the discrepancy in the investment balance/invalid withdrawal is caused by a the agent’s mismanagement or system problem through any appropriate methods.
The cooling-off period is six (6) business days commencing from the date of purchase, i.e the date on which ASNB receives the subscription application form and the investment amount.
To exercise the cooling-off right, the unit holder needs to request for cancellation of investment at any of ASNB branches and agents nationwide and present MyKad for verification. For cancellation transactions performed at agents’ branches, unit holder is required to present MyKad and the transaction number as stated on the draft printing obtained during the first time investment.
The refund amount received by unit holder A when exercising its cooling-off right is depending on
the price per unit (NAV per unit) on the day the units were first subscribed or at the point of request
for cancellation of investment, whichever is lower.
Illustrations
Unit holder A wishes to invest in ASN amounted to RM10,000 in ASN on 3/6/2023.
| NAV per unit (on 3/6/2023): | RM 0.5000 |
| Sales charge | 5% of NAV per unit |
| Upon subscription | |
| ASN units received | 19,047.62 units |
| Sales charge | RM476.19 |
| NAB AV per unit (on 3/6/2023): | RM 0.5000 |
| NAB AV per unit (on 5/6/2023): | RM 0.5200 |
| Calculation of refund amount | |
| Refund of ASN units | 19,047.62 unit x RM 0.5000 = RM 9,523.81 |
| Sales charge | RM476.19 |
| Total refund amount received by Unit Holder A | RM 10,00 |
| NAV per unit (on 3/6/2023): | RM 0.5000 |
| NAV per unit (on 5/6/2023): | RM 0.480 |
| Calculation of refund amount | |
| Refund of ASN unit | 19,047.62 unit x RM 0.4800 = RM 9,142.86 |
| Sales charge | RM476.19 |
| Total refund amount received by Unit Holder A | RM 9,619.05 |
Yes, unit holder B is entitled for cooling-off right for his investment in ASN Equity 2 provided the fund is his first-time investment in ASNB VP funds
No, unit holder C is not entitled for cooling-off right for his investment in ASN Sara 2. Cooling-off right only applicable to first investment in ASNB VP fund.
No, he is not entitled for cooling-off right for his investment in ASN Imbang 1. Cooling-off right only applicable to first investment in ASNB VP fund.
No, units obtained from ASNB estate planning are not entitled for cooling-off right.
No, application of detailed statements can only made in ASNB branches.
You can send an e-mail to asnbcare@pnb.com.my and submit the following documents:
Yes, it has to be paid separately as the detailed statements are produced separately.
Yes. The applicant needs to pay RM5.00 for each application based on the year requested, as the statement is printed in one sheet (maximum 3 years back from the current year).
The permissible time limit is based on the internal procedure of ASNB as stated in the deed of unit trust funds, as found in the clause of "Destructions of Documents", which states that 7 years is used as a benchmark for Unit Holders' information storage. Section 308 of the Capital Market Services Act (CMSA) also states the same.
The Beneficiary/Administrator who has received the payment from the beneficiary claim is allowed to make an application according to the procedure.
You need to present the identification documents.
Yes, you can apply if your name is included in the list of the supporting documents such as the Letter of Administration, Grant of Probate or the Court Order.
Only the Beneficiaries/Administrator that are included in the list of the supporting documents such as the Letter of Administration, Grant of Probate or the Court Order may apply. Beneficiaries who have made the claim and received payment from the beneficiary claim are also eligible to apply according to the procedure.
Yes, you can apply by using the Letter of Administrator from the Land Office/ Assistant Land Administrator or from the relevant authorities as stated in the Small Estates (Distribution) Act 195.
No. An application is also allowed for an account of a Unit Holder who is still alive by submitting the supporting documents such as the Court Order and Relationship Document (if applicable) and the Appointment of a Lawyer letter (if a lawyer is appointed).
Yes, you will need to complete the Representative Authorisation Form and attach the following supporting documents:
Yes, it can. The firm needs to submit the Appointment of Lawyer letter stating that the law firm has the right /instruction by the individual/ authority body through the Court Order or Letter of Administration.
Changing of particulars is needed to ensure that important information such as name and identification number in the ASNB record are correct and same as the information shown on Unit Holders/Registered Guardians' identification document.
The Unit Holder/Registered Guardian will not be permitted to do any transactions if there are information discrepancies with the ASNB record.
Yes. Unit Holders are always advised to update their latest and current mailing address in the ASNB record to ensure the delivery of all documents (such as the Annual Report and Income Distribution Statement).
The steps that you should do are as follows:
Please refer to ASNB Services for the supporting documents needed.
Your book will be replaced immediately after the transaction processed.
If you have found your book after the report done, you may notify ASNB branches to uplift your account status. Please refer to ASNB Services for the supporting documents needed. You can use the existing book as soon as the tagging is uplifted. But, if you have made the replacement, you have to use the new investment book as the old passbook has been cancelled.
90 days after the Second Supplementary Master Prospectus dated 16 March 2017.
You can find the information in the latest Master Prospectus and Supplementary Master Prospectus (if any) of the funds, which have been registered with the Securities Commission. You may also get it from our website at www.asnb.com.my.
The annual trustee fee is a form of expenses imposed indirectly on the Unit Holders. However, as an expense to the Funds, any revision will have potential impact to the financial performance of the Funds.
The annual trustee fee has never been revised since the inception of the respective funds. In the meanwhile, the cost of trustee’s operation has been increasing due to tighter regulations and compliance requirements.
For further clarification, kindly refer to AmanahRaya Trustee Berhad.
Effective from financial year ending 2018 onwards, the income distribution statement, annual report and interim report of all ASNB unit trust funds will be delivered electronically to unit holder’s registered email. Annual report and interim report of the funds can also be accessed via ASNB’s website at www.asnb.com.my.
The electronic delivery will be implemented after the financial year ending 2018 for all funds beginning with ASNB’s unit trust funds with financial year ending March 2018 which are Amanah Saham Gemilang (ASG), Amanah Saham Malaysia (ASM) and Amanah Saham Bumiputera 2 (ASB 2).
Unit holders are encouraged to update their personal information which includes email address, mobile number and account number at any ASNB or agents’ branches nationwide. Electronic version of Income Distribution Statement, Annual Report and Interim Report will be delivered to unit holders through the email address registered with ASNB.
No. Unit holders will not incur any charges for this service.
The personal information required for the service includes email address and mobile number.
For those who have no email address, you can register with any email providers for free, for example Yahoo, Google, Hotmail and etc.
Unitholders can update their email address, mobile number and other personal information through these channels:
Yes, unit holders will be notified via text messages that will be sent to their mobile number registered with ASNB.
Yes. Unit holders will be prompted to enter an exclusive and unique password set by ASNB to view the encrypted statement file sent to your email.
Unit holders will receive the password through email notification sent by ASNB.
Yes. The electronic version of Income Distribution Statement looks exactly like the paper statement.
Income distribution statement, annual report and interim report will be sent electronically in the event of which ASNB does not received any respond from you until 31 March 2018. Electronic version of Income Distribution Statement will be delivered to unit holders through the email address registered with ASNB. While, annual report and interim report of the funds can be accessed via ASNB’s website at www.asnb.com.my.
No.
Yes, you can. You can notify ASNB at any ASNB’s branches or by filling in the form which is available in annual report or interim report of any ASNB funds and submit to ASNB through these channels:
However, the updated preferred mail option will only be effective in the next financial year end of respective unit trust funds.
Unit holders must notify in writing with name, IC number, mobile number, postal address, email address and account number for any ASNB unit trust to the address stated above.
Unit holders can also notify in person in any ASNB and agents’ branches nationwide or email to asnbcare@pnb.com.my. However, the updated preferred mail option will only be effective in the next financial year of respective unit trust funds.
Yes, you can revoke your enrollment of receiving electronic version of Income Distribution Statement, Annual Report and Interim Report at any time via steps stated above. No, unit holders will not incur any charges for this service.
This service is available for ASNB unit holders (adult) who have registered with myASNB portal.
Services offered include:
The minimum amount of additional investment allowed :
There is no service charge for using this app.
RM30,000 per transaction.
Fixed Price Funds: Monday to Sunday, 7.00 am – 6.00 pm, local time
Variable Price Funds: Monday to Sunday, 7.00 am – 4.00 pm, local time
Yes, this service is applicable to all ASNB unit trust funds.
Yes, you can.
Yes, it is allowed.
Android devices : Recommended to use Android version 6.0 and above.
Apple devices : Recommended to use iOS version 10.0 and above.
PNB will provide 1.50 billion additional units of Amanah Saham Malaysia 3 (previously known as Amanah Saham 1Malaysia (AS 1Malaysia)) to be opened for subscription by Malaysian Indian community. This move is expected to provide opportunities and access to all Indians to open new accounts or increase their investment in ASM 3, up to the allowable maximum limit.
Yes, investment of any amount, up to a maximum limit of 30,000 units per individual account.
However, the units can only be subscribed by Indian who does not have any investment in ASM 3 or existing Indian unit holder with an investment balance of less than 30,000 units in ASM 3.
Example for computation:
| Number of units in ASM 3 participant’s account | |
|---|---|
| The balance of ASM 3 units in participant’s account | 10,000 |
| (+) Additional units allowed for subscription | 20,000 |
| Total balance of ASM 3 units in participant’s account | 30,000 |
1.50 billion units (until the units are fully subscribed).
Subject to the availability of the additional units.
Monday, 29 January 2018
ASNB has solved the issues. Unit holders are advised to contact ASNB Call Centre at 03 – 7730 8899 or email to asnbcare@pnb.com.my.
Applicants can go to any of the ASNB branches and agents throughout Malaysia:
Note:
Subscription of ASM 3 units will based on ‘first come first serve basis’ and subject to terms and conditions and availability of units.
| Channel | Business Hours |
|---|---|
| ASNB Branches | 8.15am – 4.00pm |
| ASNB Agents | Subject to ASNB agents’ respective business hours |
| myASNB Portal | Monday to Sunday, 7.00 am – 6.00 pm, local time |
| Self Service Terminal (ATM Maybank) | 7.00am – 7.00pm local time, Sunday to Friday on business days. |
| Internet Banking Maybank2u, CIMBClicks, AffinOnline, RHBNow and HLB Connect | Subject to the respective internet banking channel’s operation hours. |
Income distribution for ASM 3 in the last 3 years are as follows:
| Financial Year Ended 30 September | 2016 | 2017 | 2018 |
|---|---|---|---|
| Income distribution Rate (sen per unit) | 6.10 | 6.00 | 6.00 |
For further information on the fund, kindly go to www.asnb.com.my.
For your information, ASNB is currently undergoing an extensive unit trust rebranding exercise, in which the prominent approach of changes would include the following:
The rebranding exercise was formulated based on the following objectives:
| 1. Performance-Driven |
|
|---|---|
| 2. Simplicity |
|
| 3. Standardisation of Image |
|
All ASNB variable price funds managed by ASNB the renaming exercise. The renaming of the funds are as follows:
| Fund Name | |
|---|---|
| Current Name | New Name |
| Amanah Saham Nasional (ASN) | No Change |
| Amanah Saham Nasional 2 (ASN 2) | ASN Equity 2 |
| Amanah Saham Kesihatan (ASG–Kesihatan) | ASN Equity 3 |
| Amanah Saham Nasional 3 Imbang (ASN 3) | ASN Imbang (Mixed Asset Balanced) 1 or ASN Imbang 1 |
| Amanah Saham Pendidikan (ASG–Pendidikan) | ASN Imbang (Mixed Asset Balanced) 2 or ASN Imbang 2 |
| Amanah Saham Persaraan (ASG–Persaraan) | ASN Sara (Mixed Asset Conservative) 1 or ASN Sara 1 |
The new images of the ASNB variable price funds are as follows:
 |
No. To date, there will be no changes to the names of these funds. Nevertheless, ASNB will notify the unit holders upon any event of changes on its fixed price funds.
For the benefit of our unit holders, the previous names of the funds will still be disclosed across our documents from the effective date of the change until further notice to avoid confusion and to facilitate acceptance by unit holders on the new names.
| Funds | Current | Changed To |
|---|---|---|
| FIXED PRICE FUNDS BENCHMARKS | ||
| ASB, ASW 2020, ASM, ASD | 3-month KLIBOR | Maybank 12-months fixed deposit rate |
| ASB 2, AS 1Malaysia | 5-Year MGS | |
| FIXED PRICE FUNDS CATEGORIES | ||
| ASB, ASM, ASW 2020, ASD and AS 1Malaysia | Equity | Mixed Assets |
| ASB 2 | Mixed Assets | No Change |
| FIXED PRICE FUNDS ASSET ALLOCATIONS | ||
| ASB, ASM, ASW 2020, ASD and AS 1Malaysia | The Fund will invest 70% – 90% of its VOF in equities, while the balance of the Fund’s VOF may be invested in fixed income securities and money market instruments inclusive of liquid assets. | Asset Allocation:
Note: The change of asset allocation strategy of the fund will take effect on 1 May 2018. |
| ASB 2 | The Fund seeks to achieve its objective by investing the following:
|
No Change |
The changes will take effect on 1 May 2018.
| Funds | Current | Changed To |
|---|---|---|
| VARIABLE PRICE FUNDS BENCHMARKS | ||
| 80% FBM 100 : 20% 3-month KLIBOR | 80% FBM 100 : 20% Maybank 12-months fixed deposit rate |
| 50% FBM 100 : 50% 3-month KLIBOR | 50% FBM 100 : 50% Maybank 12-months fixed deposit rate |
| 70% FBM 100 : 30% 3-month KLIBOR | 80% FBM 100 : 20% Maybank 12-months fixed deposit rate |
| 60% FBM 100: 40% 3-month KLIBOR | 50% FBM 100 : 50% Maybank 12-months fixed deposit rate |
| 40% FBM 100 : 60% 3-month KLIBOR | 30% FBM 100 : 70% Maybank 12-months fixed deposit rate |
| VARIABLE PRICE FUNDS CATEGORY | ||
| Mixed Assets | Mixed Assets Balanced |
| Mixed Assets | Mixed Assets Conservative |
| VARIABLE PRICE FUNDS ASSET ALLOCATION | ||
| The Fund may invest 20% - 70% of its NAV in fixed income securities and liquid assets while the balance of the Fund’s NAV may be invested in equities and other instruments. | The Fund may invest 25% to 75% of its NAV in equities, while the balance may be invested in fixed income securities and money market instruments inclusive of liquid assets and other instruments. |
| The Fund may invest 20% - 80% of its NAV in fixed income securities and liquid assets while the balance of the Fund’s NAV may be invested in equities and other instruments. | The Fund may invest 20% to 80% of its NAV in fixed income securities and money market instruments inclusive of liquid assets, while the balance may be invested in equities and other instruments. |
The changes will take effect on 1 May 2018.
The launching date is on 20 April 2018.
The new names of the funds have been registered via the Second Supplemental Master Prospectus on 1st April 2018. All changes due to this rebranding exercise will take effect on 1st May 2018.
The announcement prior to the effective date is done to provide early awareness to unit holders and to smoothen the transition process of this renaming exercise.
No. Unit holders need not be worried are rest assured since rebranding of ASNB funds will not affect the unit holders’ account number with ASNB at the effective date of change.
No. Unit holders are rest assured that the rebranding of funds will not affect the personal details of the unit holders with ASNB at the effective date of change.
No. Unit holders are rest assured that the rebranding of funds will not have any effect on unit holders’ investment in all ASNB funds at the effective date of change.
No. Any costs in relation to this rebranding exercise will not be borne by the unit holders.
All documents bearing the fund names of ASNB will continue to be ASNB branded. However, the documents (where affected) will be amended to reflect the latest changes in relation to this rebranding exercise. The existing unit holders’ account number remains unchanged.
No. The rebranding of ASNB funds will not affect the validity of the existing contract signed by the respective parties involved, bearing the previous names of the funds. Hence, unit holders are not required to sign a new Surat Ikatan Hibah / Surat Ikatan Amanah.
ASNB has taken all the necessary steps to carefully notify our valued unit holders on the rebranding of variable price funds names. No action is required in respect of your investments with ASNB.
If you wish to seek for further information on this exercise, you may visit our website at www.asnb.com.my or visit any of our ASNB branches nationwide. Alternatively, you may communicate to us via the following:
For more information on the changes, please refer to the Second Supplemental Master Prospectus registered with the Securities Commissions Malaysia dated 1 April 2018.
The renaming of ASNB fixed price funds was done based on the following objectives:
The renaming of the fixed price funds are as follows:
| Fund Name | |
|---|---|
| Current Name | New Name |
| Amanah Saham Bumiputera | No Change |
| Amanah Saham Bumiputera 2 | No Change |
| Amanah Saham Malaysia | No Change |
| Amanah Saham Didik | Amanah Saham Bumiputera 3 - Didik or ASB 3 Didik |
| Amanah Saham Wawasan 2020 | Amanah Saham Malaysia 2 – Wawasan or ASM 2 Wawasan |
| Amanah Saham 1Malaysia | Amanah Saham Malaysia 3 or ASM 3 |
27 September 2018
15 October 2018
The new logos of the ASNB funds are as follows:
 |
For the benefit of our unit holders, the previous names of the funds will still be disclosed across our documents from the effective date of the change until further notice to avoid confusion and to facilitate acceptance by unit holders on the new names.
The announcement prior to the effective date is done to provide early awareness to unit holders and to smoothen the transition process of this renaming exercise.
If you wish to seek for further information, you may visit our website at www.asnb.com.my or visit any of our ASNB branches nationwide. Alternatively, you may communicate to us via the following:
For more information on the changes, please refer to the Fourth Supplemental Master Prospectus registered with the Securities Commissions Malaysia on 14 September 2018.
This service is limited to ASNB (adult) unit holders who are also the respective Bank ATM card holders only.
Services offered include:
The minimum amount of additional investment allowed is RM100 (excluding fees/charges by the Bank).
Service charge for additional investment to ASNB unit trust fund is RM1. This service charge will be deducted from the unit holders' bank account.
The maximum amount of additional investment is subject to the existing policy by the Bank or the maximum limit set by the ATM card holder. Additional investments are also subject to the existing balance of the fund.
Maybank: Sunday – Friday, 7.00 am -7.00 pm
(No transactions on Saturdays and Federal Territory public holidays)
CIMB: Every day, 7.00 am -7.00 pm
*Subject to change by Bank
This service is limited to fixed price ASNB unit trust funds only.
No, you cannot. For existing unit holders, initial investment for a new unit trust can be done through the ASNB branch counter, ASNB agents or myASNB portal. For the opening of the first ASNB unit trust account, it must be through the ASNB branch counters or ASNB's agents only.
No, it is not allowed.
This service is limited to ASNB (adult) unit holders who have registered with the bank's Internet Banking Platform
Services offered include:
The minimum amount of additional investment allowed is RM1 (excluding fees/charges by the Bank).
Service charge for additional investment to ASNB unit trust fund is RM1. This service charge will be deducted from the unit holders' bank account.
The maximum amount of additional investment is subject to the existing policy by the Bank or the maximum limit set by the unit holder for their Internet Banking transactions. Additional investments are also subject to the existing balance of the fund.
Transaction time for additional investment via Internet Banking:
Fixed Price Funds: Sunday - Friday. 7.00 am -7.00 pm.
Variable Price Funds: Sunday - Friday. 7.00 am -4.00 pm.
No transactions on Saturdays and Federal Territory public holidays.
This service is open to all ASNB unit trust funds.
No, you cannot. For existing unit holders, initial investment for a new unit trust can be done through the ASNB branch counter, ASNB agents or myASNB portal. For the opening of the first ASNB unit trust account, it must be through the ASNB branch counters or ASNB's agents only.
No, it is not allowed.
