1. Registration of ASNB Account

Akaun Dewasa

Applicant	Eligible applicant
Documents required	ASNB DF Form - Pendaftaran Unit Amanah Identity Card Cash equal to/more than the required initial subscription for each unit trust fund
Where to apply	ASNB Main Counter Kuala Lumpur, ASNB branches or ASNB agents

Akaun Remaja / Bijak

Applicant	Registered guardian/Eligible applicant
Documents required	ASNB DF Form - Pendaftaran Unit Amanah Identity Card and/or Birth Certificate of Minor Identity Card of Registered Guardian Cash equal to/more than the required initial subscription for each unit trust fund
Where to apply	ASNB Main Counter Kuala Lumpur, ASNB branches or ASNB agents

Forms

Form filling guidelines	ASNB DF Forms – Pendaftaran Unit Amanah for Akaun Dewasa or Akaun Remaja/Bijak

 
2. Eligibility to Invest
 FAQ
 

Investment in ASNB unit trust fund is open to all Malaysian citizens as follows:

Funds	Formerly known	Minimum Initial Investment(RM)	Age to Invest	Maximum Investment (RM)
Fixed Price Funds
Amanah Saham Bumiputera (ASB)	-	RM10	As early as the age of birth	300,000
Amanah Saham Bumiputera 2 (ASB 2)	-			300,000, Subject to availability of units of the fund
Amanah Saham Bumiputera 3 –Didik (ASB 3 Didik)	Amanah Saham Didik (ASD)			Subject to availability of units of the fund
Amanah Saham Malaysia (ASM)	-
Amanah Saham Malaysia 2 Wawasan (ASM 2 Wawasan)	Amanah Saham Wawasan 2020 (ASW 2020)
Amanah Saham Malaysia 3 (ASM 3)	Amanah Saham 1Malaysia (AS1M)
Variable Price Funds
Amanah Saham Nasional (ASN)	-	RM10	As early as the age of birth	Subject to availability of units of the fund
ASN Equity 2	Amanah Saham Nasional 2 (ASN 2)
ASN Equity 3	Amanah Saham Kesihatan (ASG - Kesihatan)
ASN Equity 5	-
ASN Imbang 1	Amanah Saham Nasional 3 (ASN 3)
ASN Imbang 2	Amanah Saham Pendidikan (ASG-Pendidikan)
ASN Sara 1	Amanah Saham Persaraan (ASG-Persaraan)
ASN Sara 2	-

With effect from 15 December 2017, investments in ASNB unit trusts are permitted as early as the birth of a baby with a Registered Guardian of a Malaysian citizen aged 18 years and above.
Please refer to the First Supplementary Master Prospectus dated 15 December 2017.



Application Procedures and Documents required

Verification of eligibility	A copy of MyKad/MyKid and A copy of GMPC (Government Multi Purpose Card) that indicates race or A copy of Birth Certificate (that indicates lineage) or A copy of Bumiputera's Verification (Sabah or Sarawak) from: Sabah Native Affairs Office (PHEANS) Native Courts of Federal Territory of Labuan (MANWPL) Native Certificate of Sarawak Bumiputera Court (SAN) Citizenship status verification   All copies of the documents must be verified
Revocation of eligibility (for renunciation of citizenship and non-citizenship)	Application letter for closure of account Declaration of renunciation of Malaysian citizen (Borang K) AND Foreign passport OR Permanent Resident Identity Card/Foreign identity card   All documents must be verified
Verification of documents	All copies of the document must be certified by ASNB Officer/ASNB Agent Officer/Village Head/Employer Human Resource Division/Government Officers from the Management and Professional Group official stamp, name, position and signature
Submission of application	Registration Account registration is available at ASNB branches / agent by bringing together relevant documents Eligibility closure Account closure due to citizenship or non-citizenship are available at ASNB branches by bringing together relevant documents

Additional Information
1. Eligibility Matrix



Category	Information from MYKAD
	Descendant	Malaysian	Islam	Supporting Documents
Bumiputera	Malay	√	√
	Sabah Native	√
	Sarawak Native	√
	Orang Asli	√
	Mixed Sabah (Sino Native)	√
	Mixed Sabah (Others)	√		Letter from PHEANS/ MANWP Labuan
	Mixed Sarawak	√		Sijil Anak Negeri Sarawak



2. Matrix of Mixed Sabah



Matrix		Father
		Native	Sino	Non-native
Mother	Native	Eligible	Eligible	Eligible
	Sino	Eligible	Eligible	Eligible
	Non-native	Eligible	Eligible	Eligible (if submit letter from PHEANS/MANWPL)

PHEANS = Sabah Native Affairs Office
MANWPL = Native Court of Federal Territory of Labuan



3. Matrix of Mixed Sarawak



Matrix		Father
		Native	Sino
Mother	Native	Eligible	Eligible (if submit SAN)
	Bukan Peribumi	Eligible	Not Eligible

SAN = Native Certificate of Sarawak Bumiputera Court

 
1. Subscription of Investment

Applicant	Unit Holder or Registered Guardian
Forms and documents required	ASNB PT Form - Subscription Identity Card Cash or Cheque/Banker's Draft/Banker's Cheque* ASNB B6 Form and certified copy of DPD for Cash Investments Detailed Statement
Where to apply	ASNB Main Counter Kuala Lumpur, ASNB branches or ASNB agents
Additional information	Additional Cash Investments Application for cash will be processed immediately Additional cash investing is limited to RM 25,000 only in cash per person for all ASNB unit trusts, per day (including Third Party Additional Investments) Additional Investment via Check / Bank Draft Investments by check or bank draft or Banker's Check can only be done at ASNB branches only Application by Check / Bank Draft / Banker's Check will be processed based on the date of clearance

 
2. EPF Members' Investment Scheme
 FAQ
 

The EPF Members' Investment Scheme is a facility and one investment method for members of the Employees Provident Fund (EPF) to invest in ASNB's unit trusts. The investments are subject to the EPF's terms and conditions and for registered unit holders aged 18 years and over (Akaun Dewasa).

The available unit trust funds for EPF Members' Investment Scheme are

Fixed Price Funds :

• ASB 2
• ASB 3 Didik
• ASM 3
• ASM 2 Wawasan
*subject to availability of units of the fund

 

Variable Price Funds :

• ASN Equity 2
• ASN Equity 3
• ASN Imbang 1
• ASN Imbang 2
• ASN Sara 1


Method of application :-

1. Using KWSP 9N(AHL) form

Documents required	Members' Investment Withdrawal Application Form - EPF 9N (AHL) Latest EPF Account Statement Original and a copy (front and back in the same sheet of A4 paper) of identification card
Where to apply	ASNB Main Counter Kuala Lumpur ASNB branches ASNB Agents (Except Pos Malaysia & Maybank) The completed forms can be sent to the Marketing Officer of the nearest ASNB's branches & Agents
Charges	Transaction Charges Purchase Variable price funds : 3% sales charge Fixed price funds : no charges Switching Change from Change to Fixed price fund Variable price fund Fixed price fund Nil 3% Variable price fund Nil Nil

2. Through EPF i-Invest

1. Member has to register as an user of i-Invest (Member)
2. Member has to register mobile phone number for receiving the TAC number

 FAQ


Release of EPF Investment

Applicant	A unit holder, or the beneficiary, appointed administrator through Administration Letter, may withdraw his EPF contributions under the following schemes: Age 55 Years Withdrawal Death Withdrawal Incapacitation Withdrawal Pensionable Employees Withdrawal
Documents required	Please visit EPF website at www.kwsp.gov.my for more information.
Where to apply	Application can be sent to the EPF's Headquarter or its nearest branch.
Additional information	For Death Withdrawal, Incapacitation Withdrawal and Pensionable Employees Withdrawal, units of investments through the EPF scheme will be transferred to the unit holder's passbook after ASNB receives the original Released Letter from the EPF. For Age 55 Years Withdrawal, ASNB does not require the Release Letter from the EPF. Investment units will be transferred to the unit holder's passbook after ASNB verifies that the unit holder has reached age of 55 years old.

 
3. Salary Deduction Scheme
 FAQ
 

The SIP (Systematic Investment Plan) Salary Deduction Scheme is available to facilitate ASNB unit holders to increase their investments without having to visit any ASNB branch or agent. The available trust funds for SIP are ASB and other fixed price funds (ASB 2, ASB 3 Didik, ASM 2 Wawasan & ASM 3) as stipulated by ASNB from time to time, subject to the available units for the respective funds.

Only those unit holders who meet ASNB’s eligibility criteria can participate in the SIP scheme, whereby the eligibility requirements for registered unit holders are as follows:

• Having an investment balance of at least the minimum investment limit set for each unit trust fund, that offers salary deduction scheme under the management of ASNB as stated in the respective deeds; and
• Maintaining a clean account status.
• Have not reached the maximum limit for ASB unit holders and as long as all there are still available units for the respective funds (ASB 2, ASB 3 Didik, ASM 2 Wawasan & ASM 3)


Application Procedures and Documents required
Federal Public Service Officers


Government employees whose salary payments are managed by the Accounting Office

Documents required

Federal Public Service Officers Salary Deduction Authorization Form (SPG ASNB) Copy of identification card which has been verified by the employer/department/payroll unit 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 Trust Investment Holding Statement (latest)* Detail Statement* Annual Income Distribution Statement* Quarterly Statement – EPF Members Investment Scheme* Any ASNB documents that has a computer printout showing the ASNB unit holders member number *The above documents are available through the myASNB portal (unit holder must register as myASNB users), ASNB branches or the nearest ASNB agents.

Where to apply

Send the completed form SPG ASNB and related supporting documents to the employer/department/payroll unit of each respective department. This salary deduction application will be processed through the Accounting Headquarters / State Accounting Office.

Private Sector Employees

Documents required	Salary Deduction Facility Form (PPS-SPG) Employers must first be registered with ASNB
Where to apply	The payroll unit of respective employer

Salary Deduction Facility for Family Members

Documents required	Salary Deduction Facility Form (PPS-SPG) The applicant must ensure that the family member has an ASNB unit trust account and is still valid at the time the application is submitted.
Where to apply	ASNB Main Counter Kuala Lumpur or ASNB branches

Increment/Decrement or Termination of Salary Deduction Scheme

Private Sector employees	Unit holders must inform the payroll unit of respective employer
Federal Public Service Officers	If the salary payment is managed by the Accountant General's Department of Malaysia (JANM), unit holders must inform the employer/department/payroll unit If the salary deduction was made through ANGKASA, unit holders must inform ANGKASA through a letter
Salary Deduction Facility for Family Members	Salary Deduction Facility Form (PPS-SPG)
Where to apply	ASNB Main Counter Kuala Lumpur or ASNB branches

 

List of Accountant General's Department of Malaysia & Private Employers registered for the salary deduction scheme	Jabatan/Kementerian Perlis Kedah Pulau Pinang	Perak Kuala Lumpur/Selangor Negeri Sembilan Melaka	Johor Pahang Kelantan Terengganu	Sabah Sarawak

Forms

Form filling guidelines	Federal Public Service Officers Salary Deduction Authorization Form (SPG ASNB) Salary Deduction Facility Form (PPS-SPG) Control Form

 
4. Investment Through Financing
 FAQ
 

Investments through financing is an investment facility and one investment method introduced by ASNB in addition to investment through cash. Investments through financing is offered to two (2) ASNB unit trust funds, with the maximum investment limits as follows:

Fixed Price Funds
No	Funds	Maximum Limits (unit)
1.	ASB	200,000
2.	ASB 2	200,000

Unit Trust Collateral Facilities

Trust funds as collateral facility is offered to unit holders who wish to pledge their ASNB unit trusts to secure financing for business and personal purposes. This facility is offered to all AB unit trust funds, with maximum investment limits as follows:

Fixed Price Funds			Variable Price Funds
No	Fund	Maximum Limit (Unit)	No	Fund	Maximum Limit (Unit)
1.	ASB	200,000	4.	ASN	2,000,000
2.	ASB 2	200,000	8.	ASN Equity 2	2,000,000
3.	ASM 2 WAWASAN	2,000,000	9.	ASN Equity 3	2,000,000
4.	ASM	2,000,000	10.	ASN Imbang 1	2,000,000
5.	ASB 3 DIDIK	2,000,000	11.	ASN Imbang 2	2,000,000
6.	ASM 3	2,000,000	12.	ASN Sara 1	2,000,000

Unit Trust Collateral for Business Purposes

Applicant	ASNB Unit Holder
Total Financing	Up to 100% of the collateral unit (subject to approval from financial institutions/banks)
Required Documents	Offer Letter from agents/financial institutions/ASNB Investment Risk Declaration Statement Declaration Letter and Verification Registration of Business Certificate ROB/SSM (sole possession only) Valid Business License
Where to apply	ASNB Agents and Financial Institution that offered the collateral services
Fees	RM100

Unit Trust Collateral for Personal Purposes

Applicant	ASNB Unit Holder
Total Financing	67% of the collateral unit
Required Documents	Offer Letter from agents/financial institutions/ASNB Investment Risk Declaration Statement Statutory Declaration Verification letters
Where to apply	ASNB Agents and Financial Institution that offered the collateral services
Fees	RM100


 
5. Internet Banking Facility

Platform : Internet Banking
https://www.maybank2u.com.my
Platform : Mobile Banking Apps
MAE Apps by Maybank2u
Platform : Others
Maybank ATM
User
All ASNB unit holders and registered M2U
Services Offered
Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit bank​
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: No service charges
Operation Hours
Fixed Price Funds: Sunday - Friday 7.00 am – 7.00 pm Variable Price Funds: Sunday - Friday 7.00 am - 4.00 pm 7 days a week
Transaction Time Processed
Same day. However, for Variable Price Funds, your subscription will be updated after 2 business days.
Inquiries
1-300-88-6688 (24 hours)

Platform : Internet Banking
https://www.cimbclicks.com.my/
Platform : Others
CIMB ATM
User
All ASNB unit holders and registered CIMB Clicks
Perkhidmatan yang di sediakan
Initial Investment Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: No service fee
Operation Hours
Financial transaction: 2:00 am – 9:00 pm daily Non financial transaction: 24 hours daily
Transaction Time Processed
Fixed Price Funds: Same day Variable Price Funds: Update after 2 business days (transaction before 4 pm) or 3 working days (transaction after 4 pm)
Pertanyaan
1-300-88-0900 (24 hours)

Platform : Internet Banking
https://rib.affinalways.com/retail/
User
All ASNB unit holders and registered Affin Always user
Services Offered
Additional Investments
ASNB Unit Trust Funds
Fixed Price
Additional Investment Unit
Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction
Operation Hours
24 hours 7 days a week Transactions perform on Saturdays, Sundays, and Federal Territory Public Holidays will be processed on the next working day
Transaction Time Processed
Before 4.00 – Same Day After 4.00 pm – Next working day
Inquiries
03-5522-3000 During office hours 03-7803-2836 After office hours

Platform : Internet Banking
https://onlinebanking.rhbgroup.com/my/
Platform : Mobile Banking Appss
RHB Mobile Banking Apps by RHB Bank
User
All ASNB unit holders and registered RHBNow
Services Offered
Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Initial: RM10 Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: No service charges
Operation Hours
From 7.00am until 07.00pm on Federal Territory working days only.
Transaction Time Processed
Same day. However, for Variable Price Funds, your subscription will be updated after 2 business days.
Inquiries
03-9206-8228

Platform : Internet Banking
https://s.hongleongconnect.my/
User
All ASNB unit holders and registered HLB connect
Services Offered
Initial Investment Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Initial: RM10 Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: No service charges
Operation Hours
Financial transaction: 2:00 am – 9:00 pm daily Non financial transaction: 24 hours daily
Transaction Time Processed
Fixed Price Funds: Same day Variable Price Funds: Update after 2 business days (transaction before 4 pm) or 3 working days (transaction after 4 pm).
Inquiries
03-7626-8899

Platform : Internet Banking
https://ambank.amonline.com.my/
Platform : Mobile Banking Apps
AmOnline Apps by Ambank(M) Berhad
User
All ASNB unit holders and registered AmOnline user
Services Offered
Initial Investment Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Initial: RM10 Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: No service charges
Operation Hours
Financial transaction: 2:00 am – 9:00 pm daily Non financial transaction: 24 hours daily
Transaction Time Processed
Fixed Price Funds: Same day Variable Price Funds: Update after 2 business days (transaction before 4 pm) or 3 working days (transaction after 4 pm).
Inquiries
03-2178 8888

Platform : Internet Banking
https://www.bankislam.biz/
User
All ASNB unit holders and registered Bank Islam Internet Banking user
Services Offered
Initial Investment Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Initial: RM10 Minimum Additional RM1.00 Maximum Additional: Subject to bank daily limit
Bank Service Fee*
Fixed Price Funds: RM0.75 per transaction Variable Price Funds: No service charges
Operation Hours
Financial transaction: 2:00 am – 9:00 pm daily FNon financial transaction: 24 hours daily
Transaction Time Processed
Fixed Price Funds: Same day Variable Price Funds: Update after 2 business days (transaction before 4 pm) or 3 working days (transaction after 4 pm).
Inquiries
03–2690 0900

Platform : Mobile Banking Apps
Touch 'n Go eWallet Apps by TNG Digital Sdn Bhd
User
All ASNB unit holders and registered Touch n Go apps user
Services Offered
Initial Investment Additional Investments Investment Balance Inquiry Transaction Records Inquiry
ASNB Unit Trust Funds
All Funds
Additional Investment Unit
Minimum Initial: RM10 Minimum Additional: RM10 Maximum Additional: Subject to e-wallet daily limit
Bank Service Fee*
Fixed Price Funds: RM1 per transaction Variable Price Funds: Subject to funds sales charge
Operation Hours
Fixed Price Funds: Sunday - Friday 7.00 am – 7.00 pm Variable Price Funds: Sunday - Friday 7.00 am - 4.00 pm 7 days a week
Transaction Time Processed
Same day. However, for Variable Price Funds, your subscription will be updated after 2 business days.
Inquiries
03–2690 0900

 
1. Redemption of Investment

Type of redemption	Redemption via Investment Book
Applicant	Unit Holder or Registered Guardian
Documents required	ASNB JB Form - Jualan Balik Investment Book Identity Card of Unit Holder/Registered Guardian
Where to apply	Redemption is available at ASNB Main Counter Kuala Lumpur, ASNB branches and ASNB Agents
Additional information	A Minor with ASB (Amanah Saham Bumiputera) Account is allowed to redeem 200 units a week Redemption for Minor Account of ASM 2 Wawasan, ASM, ASB 3 Didik, ASM 3, ASB 2, ASN, ASN Imbang 2, ASN Equity 3 and ASN Sara 1 can be made only by the Registered Guardian Application for redemption by third party is not allowed

 
2. Redemption of Certificates

Type of redemption	Redemption with Investment Certificate (Normal status)
Applicant	ASNB Unit Holders
Documents required	Original Investment Certificate (Please ensure the "Redemption" section at the back of the certificate is completed, signed and fingerprinted with the unit holder's left thumb) A copy of the identification card/valid international passport which has been certified as true copy
Where to apply	Application through investment certificate is available at ASNB Main Counter Kuala Lumpur and ASNB branches only

 
3. Redemption of EPF Investment

Applicant	Members of EPF who are registered ASNB unit holders
Documents required	Redemption Form (ASNB JB) Please fill in a separate form for redemption of every investment through EPF Original and copy of identity card (front and back copy in the same A4 sheet)
Where to apply	Submission can only be sent to ASNB Main Counter Kuala Lumpur and ASNB branches only

 
1. General
 FAQ



Benefit	Effective 15 July 2018, Transfer & Switching between ASNB funds is a facility introduced by ASNB to all existing Unit Holders, for them to transfer or switch units immediately, without having to perform Redemption and Subscription transactions.
Access Point	Transfer & Switching between ASNB funds can be performed at ASNB branches & agents’ branches. Online Transfer via myASNB and Switching facility for EPF-MIS are temporarily disabled.
Cut-off Time	Transfer and Switching application should be made before the Cut-off time of 4.00 pm on any Business Day.
Type of investment eligible for switching/transfer	Type of Investment Transfer Switching Cash Investment Allowed Allowed EPF Member Investment Schemes (EPF MIS)* Not Allowed Allowed Loan Certificate Not Allowed Certificate Not Allowed
Transaction limit	There is no limit on the amount and frequency for Transfer & Switching. Nevertheless, the transactions are subject to unit availability and the respective fund’s rules as disclosed in the Master Prospectus and any accompanying Supplemental Prospectus(es) such as minimum balance requirement, unit availability, eligibility criteria, individual investment limit of the fund (if any) and any fund allocation criteria.
Minimum transaction allowed	Same as Item above. Should the remaining balance in the account after deducting the fee fall below the required minimum balance as stipulated in Master Prospectus, the transaction will be rejected. For fund(s) that has/have been registered under Hibah Amanah, the provision in the Hibah Amanah’s contract applies ie the amount blocked as Hibah Amanah cannot be switched/transferred.
Application procedure	Fill in the Borang Pemindahan dan Penukaran Unit (ASNB TS) at ASNB branches & agents’ branches.
Will these services affect the income distribution or bonus?	Treatment of income distribution for Transfer & Switching is similar to normal subscription and redemption taking into consideration movement of units. Income distribution calculation is based on current computation of income distribution for ASNB funds.
Different*	Transfer Switching Transfer between ASNB funds involves two different Unit Holders of the same fund. Example: Unit holder A would like to transfer 100 units of ASB to ASB Account Unit holder B. For Switching between ASNB funds, it involves the same Unit Holder of different funds. Example: Unit holder A would like to switch 100 units from ASB to 100 units of ASB 2.

* Despite that, the transfer or switching is subject to availability units for subscription of the unit holders. For variable price funds, the transfer or switching is subject to the NAV during transfer or switching request.

 
2. Service Charge
1. Transfer
   
   

Fund Type	Fees based on Channels
	ASNB branches & agents’ branches	Online
Variable Price Funds	RM 15	RM 5
Fixed Price Funds	Nil	Nil

2. Switching

a) Through ASNB branches & agents’ branches

Switch From	Switch To
	Variable Price Funds	Fixed Price Funds
Variable Priced Funds	The difference between sales charge of the Funds switch out, subject to the minimum charge of RM 25 per transaction.	Nil
Fixed Priced Funds		Nil

b) Through online channels

Switch From / Switch Out	Switch To / Switch In
	Variable Price Funds	Fixed Price Funds
Variable Priced Funds	The fee is based on the difference in sales charge between Switching from funds with lower to higher sales charges. No switching fee is charged for Switching from a higher to a lower sales charge fund.	Nil
Fixed Priced Funds	Sales charge of the Variable Price Funds	Nil

Please refer to the Master Prospectus and any accompanying Supplemental Prospectus(es) for more information of the unit trust funds.

This is a guide for the beneficiary on how to redeem the investment balance of a deceased unit holder's ASNB unit trust funds.

 
1. Estate Claims
 FAQ  FAQ ASNB KHAIRAT
 

Category of Assets and Letters of Administration involved in managing distribution of estate	Moveable assets not exceeding RM600,000 - Letter of Instruction/Statutory Declaration from Amanah Raya Berhad Movable and immovable assets not exceeding RM2 million - Distribution Orders from the Department of Director General of Lands and Mines Movable and immovable assets more than RM2 million - Letters of Administration from the Civil High Court Assets under Hibah - Shariah High Court
Institutions involved in the distribution of estate in Sabah and Sarawak	Letters of Administration from the Native Court Letters of Administration from Shariah Subordinate/High Court Letters of Administration from the Civil High Court
Category of Estate Claims in ASNB	All estate claims must be submitted via ASNB branches for verification of deceased and beneficiary information. Total accumulated investment of RM10,000 and below without Letter of Administration will be processed at ASNB branches. Total accumulated investment of more than RM10,000 will be processed at ASNB Headquarter.
Beneficiaries who are entitled to claim the investment balance of a deceased in ASNB	Husband or wife or Mother or father or Biological child or Siblings or Grandfather or grandmother or The beneficiary or administrator as stated in the Grant of Probate/Letters of Administration or Executor

Application Procedures and Documents Required

Documents required	Total accumulated investment of RM10,000 and below Investment Unit Claim Form (T1 Form) Photocopy of Death Certificate Photocopy of Identity Card of the beneficiary/administrator/executor Investment book or certificate of the deceased (if any) Any one of the following documents: Marriage Certificate or Extract of Marriage Certificate Birth Certificate Pension Card Faraid Certificate Any official document proving relationship from: Department of Orang Asli Development National Registration Department Islamic Affairs Office Sabah/Sarawak Native Court	Total Accumulated Investment Exceeding RM10,000 Investment Unit Claim Form (T1 Form) Photocopy of Death Certificate Photocopy of Identity Card of the beneficiary/administrator/ executor Investment book or certificate of the deceased (if any) Any one of the following documents: Letters of Administration/Grant of Probate from the Civil High Court Letter of Instruction/Statutory Declaration from Amanah Raya Berhad Small Estate Distribution Order from the Department of Director General of Land and Mines Letters of Administration from the Sabah/Sarawak Native Court Letters of Administration from Shariah Subordinate/ High Court Sabah/Sarawak Order from the Shariah High Court declaring the deceased's assets as "Hibah"
Verification of documents	All photocopies of documents must be certified as true copies of the original by: The ASNB officer/ASNB agent's officer/village head/head of the Human Resources Dept/Government officials from the management and professional group together with the official stamp, name, designation and signature Letters of Administration/Grant of Probate and asset list from the Civil High Court must be certified by the Registrar of the Court who issues the order
Additional information	Statutory Declaration and Letter of Guarantee and Indemnity Sections of the T1 Form Please fill in the space provided by stating the difference in the information (if any) between the ASNB system and documents submitted Affix a RM10 stamp duty and get it cancelled by the Commissioner of Oaths or the LHDN office The administrator/beneficiary/executor has to sign and thumbprint it with his left hand thumb on the required field Need to be signed together with the name of The Statutory Declaration and Letter of Guarantee and Indemnity and official stamp by the Judge Court, Magistrate or Commissioner of Oaths
Where to apply	Application can be made at ASNB Main Counter Kuala Lumpur and ASNB branches only
Submission of application	The beneficiary can visit any ASNB branch for more information on beneficiary estate claims The beneficiary must fill in and complete the Investment Unit Claim Form (T1 Form) Part A - The beneficiary needs to fill in details on the deceased Part B1 - The beneficiary needs to fill in his details (if the application has more than one beneficiary please fill in Part B2) Part C (Filled by the same beneficiary in Part B1) Complete the space provided should there be any difference in the information between the documents and ASNB system Fill in and sign at the space provided in Section C2 in front of the Session Court Judge, Magistrate or Commissioner of Oaths Affix a stamp duty of RM10 and get it cancelled at the LHDN or by Commissioner of Oaths The "Di hadapan Saya" column must be filled by a Judge of the Session Court, Magistrate or Commissioner of Oaths The completed form together with the original and photocopy documents need to be submitted to any ASNB branch The documents will be verified by the ASNB branch officer The beneficiary will be given an Acknowledgement of Receipt of Documents (BS5) as an evidence that the documents have been received.
Forms	Estate Claim Form (T1 Form) Form Filling Guideline Additional Information Form: Administrator/Heir/Beneficiary Brochure of Estate Claims

 
1. Application of Detailed Statement
 FAQ
 

Application of a detailed statement is one of the services provided to unit holders/beneficiaries/third parties if they require a detailed transaction information of each unit trust fund in ASNB for a certain period of time.

The application is for personal use and reference only. Unit holders are prohibited from making and distributing official claim against any party.

Without prejudice, the data and information published is strictly confidential and solely for unit holders' reference and cannot be used for court proceedings and other purposes. Unit holders are prohibited from making and distributing official claim against any party using the data and information. ASNB will not be liable for any claim of any party related to the offence of spreading transactional and information provided.

Type of Application and the Allowable Period of Transaction

No	Type of Application	Period of Information
1	Application of Transactional Information	Up to 7 years back from the application date
2	A detailed calculation of income distribution and bonus
3	Application of income distribution and bonus	Up to 3 years back from the application date

Categories of Applicant Who Are Eligible To Apply

No	Applicant
1	Unit Holder/Registered Guardian
2	Representative Appointed by the Unit Holder/Registered Guardian through the Power of Attorney Letter
3	Beneficiary/Administrator for a Deceased Unit Holder
4	Appointed Lawyer for the Deceased Unit Holder
5	Third Party (Individual) Appointed Through Lawyer

Application Procedures: Conditions and Documents Required
1. Beneficiary/Administrator for a deceased unit holder



Type of Application	The deceased (the Unit Holder)'s overall holding in all ASNB unit trust funds exceeds 10,000 units
Conditions/Documents	Application can be made before and after the payment made to the Beneficiary/Administrator. The applicant's name must appear on the following supporting documents: Letters of Administration or Grant of Probate or Court Order

2. Application from a Beneficiary/Administrator for a deceased unit holder



Type of Application	The unit holder's overall investment holding in ASNB unit trust funds is 10,000 units and below	Claim by the Beneficiary/Administrator
Conditions/Documents	Application can only be made by the Beneficiary/Administrator who has received the payment units or Application can only be made if the Beneficiary/Administrator is included in the following documents: Letters of administration or Grant of Probate or Court Order	Application can be made before and after the payment has made to the Beneficiary/Administrator if: Have an official letter from the Lands Administrator/Assistant Land Administrator or On the instruction of the relevant Authorities in the Small Estates (Distribution) Act 1955

3. Application From Third Party



Type of Application	Application from a third party	Application from a Representative who is given the permission by the unit holder
Conditions/Documents	Application can be made if the unit holder is still alive or has passed away Supporting documents: Court Order and Relationship document (if related) Lawyer appointment letter (if appoint a lawyer*)   * Application Through Appointment of Lawyer The Appointment of Attorney letter should be signed by the applicant The Appointment of Attorney letter should clearly list the following information: Lawyer's client and a photocopy of Lawyer's client identification document which has been certified ASNB Unit Holder's information which is related for the application of the detailed statement namely Identification card number Unit holder name Scheme/unit trust fund required The period of time of the information required Relationship document to prove the relationship between the unit holder and the third party (if applicable)	Application can be made by the Representative with the permission from the unit holder Supporting Documents: Original copy of the Representative's identification document Photocopy of the Unit Holder/Registered Guardian identification document Photocopy of the front page of the Investment Book of the Unit Holder/ Registered Guardian Representative Authorisation Form – ASNB B/6 form to be completed by the Unit Holder/Registered Guardian

Application Procedures and Documents Required

Each application of a unit trust fund detailed statement must be completed by using a separate application form.

All documents must be certified as true copy by an ASNB officer/ASNB agent's officer/head village/employer of the human resources division of an employer/Government officials from the management and professional group together with their official stamp, name, title and signature.

Applicant	Unit Holder/Registered Guardian		Beneficiary/Administrator/Lawyer/Third Party
Documents required	Complete the application form for the detailed statement Attach a photocopy of identification document which has been certified Make a service charge payment according to the type of application, number of years applied and the unit trust funds separately		Complete the application form for the detailed statement Submit the Power of Attorney Letter/Grant of Probate/Court Order Submit the Appointment of Attorney letter (If a lawyer is appointed) Submit the Representative Authorisation Form/Power of Attorney Letter Make the service charge payment according to the type of application, number of years applied, and the unit trust funds separately
Where to apply	Request for a detailed statement can be done at the nearest ASNB branch
Additional information	Service Charges Each application will be charged with service charge according to the type of application, the period of time for the requested detailed statement. The Service charges are as follows:
	Type of Application	Transactional Data	Detailed Computation of Income Distribution and Bonus (If Applicable)	Income Distribution and Bonus Statement (If Applicable)
	Service Charges	Current Year No charges apply Other Than The Current Year RM22.00 per application	RM5.00 for each year	RM5.00 for each year
	Period of the Requested Document	Permitted for the latest 7 years from the application date	Permitted for the latest 7 years from the application date	Permitted for the latest 3 years from the application date
Forms	Detailed Statement Application Form Power of Attorney Letter

 
2. Change of Particulars
 FAQ
 

An application for change of particulars is one of the non-financial services in ASNB provided to give the facility to the Unit Holder/Registered Guardian to update personal information for the ASNB record.

An application for change of particulars can be made at the ASNB Main Counter Kuala Lumpur, ASNB branches and ASNB agents.

Category of Application

No	Category of Application	Description
1	Correction on identification card number/name of the Unit Holder/Registered Guardian	To update errors on personal details during registration
2	Change of identification card number of the Unit Holder/Registered Guardian	Changing of identification card number
		From	To
		Old IC No.	New IC No.
		Military/Police IC No.	New IC No.
		Birth Certificate No.	New IC No.
3	Changing of name of the Unit Holder/Registered Guardian	Changing of name due to conversion to Islam Changing of name with the confirmation letter from the National Registration Department
4	Changing of personal details of Unit Holder	To update personal details: Address Telephone No. Handphone No. Email Occupation

Application Procedures and Documents Required

Applicant	Application for change of particular is limited to applications by Unit Holders and Registered Guardians only Every application for change of particulars for each unit trust fund needs separate application form All documents must be certified true copy by either an ASNB officer/ ASNB Agent officer/head village/ employer of the Human Resources Division/ Government officials from the management and professional group together with their official stamp, name, title and signature Application for Akaun Bijak/Akaun Remaja must be made by the Registered Guardian Application for change of particulars can be made at ASNB Main Counter Kuala Lumpur, ASNB Branches and ASNB Agents
Documents required	The required identification documents are: MyKad/MyTentera/MyKid Birth Certificate Police Certificate of Appointment Temporary identification document KPPK 09 Temporary identification document KPPK 11
	No	Category	Description
	1	Correction on identification card number/name of Unit Holder/Registered Guardian	Unit Holder Information Update Form (ASNB KM) or CIF Confirmation Print Out (CCPO) Original and photocopy of identification document which has been certified as true copy
	2	Change of identification number of Unit Holder/Registered Guardian	Unit Holder Information Update Form (ASNB KM) or CIF Confirmation Print Out (CCPO) Original and photocopy of identification document which has been certified as true copy Original and photocopy of Birth Certificate which has been certified as true copy (for change of birth certificate number to identification card number) Employer confirmation letter in regard to public IC No. and military/police IC No. (if applicable) Employer confirmation letter in regard to the old military/police IC No. to new military/police IC No. (if applicable) A photocopy of the confirmation letter from the National Registration Department (if applicable)
	3	Change of name of the Unit Holder/Registered Guardian	Unit Holder Information Update Form (ASNB KM) or CIF Confirmation Print Out (CCPO) Original and photocopy of identification document which has been certified as true copy Photocopy of the confirmation letter from the National Registration Department (if applicable) Photocopy of the confirmation letter from the Islamic Religious Department (if applicable) Original and photocopy of Conversion to Islam Certificate Card which has been certified
	4	Change of Unit Holder's address	Unit Holder Information Update Form (ASNB KM)
Verification of documents	All documents must be certified true copy by an ASNB officer/ASNB agent's officer/head village/employer of the human resources division of an employer/Government officials from the management and professional group together with their official stamp, name, title and signature
Where to apply	Application for a detailed statement can be done at ASNB Main Counter Kuala Lumpur, ASNB branches and ASNB agents

 
3. Others
• Form of acknowledgment of receipt of documents
• Release authorization status declaration form
• Letter of the serial number of the investment book

 
1. Fee

BIL	SERVICE	FEE RATE
1	Unit Trust Collateral for Business Purposes	RM100
2	Unit Trust Collateral for Personal Purposes	RM100
3	Normal Financing	RM50
4	Hibah Amanah and Trust Declaration:
	i) Registration	RM180
	ii) Additional registration	RM90
	iii) Revocation	RM70
	iv) Change of Donee/Registered Guardian/addition or removal of fund	RM20
	v) Administration	RM10 annually
	vi) Claim	Balance of Investment (RM) Kadar (%) First 25,000 1.5% The next 225,000 1.0% The next 250,000 0.5% The next 500,000 0.25% The remaining balance 0.10%

2. Charges

No	Service	Charge Rate
1	Reactivate account	RM5.00
2	Beneficiary claims of deceased/insane unit holder's Accounts: Investment balance less than 100 units Investment balance 100 units and above	RM1.00 RM10.00
3	Cheque transfer under authority claims	RM10.00
4	Request of cheque payment image
	For application less than one year from cheque issuance date	RM10.00 per cheque image
	For application more than one year from cheque issuance date	RM20.00 per cheque image
5	Re-printing of income distribution statement or detail calculation of income distribution	RM5.00 per year
6	Historical transaction details	There is no charge for the current year RM22.00 per application for the period other than the current year
7	Verification of Investment Balance	RM10.00
8	Verification of Investment Statement	RM10.00

1. What is Unit Trust Fund

A unit trust is a collective investment scheme which pools the savings of the public into a special unit trust fund managed actively by professional fund managers. A unit trust fund is constituted pursuant to a deed executed by the trustee and the manager on behalf of unitholders. The Deed is registered with the Securities Commission and sets out the rights of you as a unitholder and the responsibilities and liabilities of the trustee and the manager.

The unit trust fund will invest in equities, fixed income securities and other assets authorised under the Guidelines. We are required to comply with the requirements on Unit Trust Fund Deed, the Capital Market and Services Act, 2007, the Guidelines and other relevant laws when managing the unit trust fund. An independent auditor is appointed to prepare and audit the accounts of the unit trust fund each year.



2. How Unit Trust Fund Works





3. Benefits of investing in unit trust funds
1. Diversification

The spreading of risks over a wide variety of securities in different sectors. Normally to do this, investors need a substantial amount of money to buy a diversity of stocks. However, unit trust funds facilitate this by providing small investors with an opportunity to pool their savings to invest in a diversified portfolio of investment. Investment risk is spread or diversified among a large number of securities or other assets.

2. Professional Management

Access to professional investment managers, which is not generally available to the individual investor with a small amount of money to invest, or if the individual investor invests in fixed-deposits or makes direct investment in the stock market.

3. Convenience

Simplification of and savings in administration of buying, selling and holding investment as compared with you holding a portfolio of investment on the capital market yourself.

4. Liquidity

You may redeem all or part of your units on any Business Day.

5. Affordability

You only need a small amount of money to participate in a professionally managed portfolio of investment and enjoy the same benefits accorded to others when investing in high-priced securities. At the same time, you can also obtain returns from a portfolio of investment as opposed to the limited number of securities when one invests in the market directly.



4. Risk associated with unit trust funds
• General Risk
1. Fund Management Risk

The selection of securities which make up the assets of the trust is a subjective process. Securities selected by the investment manager may perform better or worse than the overall stock market, or as compared to portfolios selected by their competitors.

2. Compliance Risk

Non-compliance to rules imposed by the Capital Market and Services Act, 2007, the Guidelines on Unit Trust Funds and internal controls and policies may affect the investors' money.

3. Liquidity Risk

Where the funds invest in bonds, the funds are exposed to liquidity risk given the fact that the Malaysian bond market is not as liquid as the share market. As a result, it may not always be possible to immediately sell or buy fixed income securities at the prevailing market price. In addition, this may affect the ability of the fund to honour request for redemption or to pay back investors money after the trust has been terminated.

4. Inflation/ Purchasing Power Risk

Inflation is one of the major risks to investors over the long term as it causes uncertainty over the future value of the investments. In an inflationary environment, a return on investment which is lower than the inflation rate will reduce the value of the investment.

5. Loan Financing Risk

Investing in a unit trust fund using borrowed money is more risky than investing by using your own money. Since unit trust funds invest in equities and other capital market instruments, the value of units will fluctuate accordingly with the underlying portfolio, and investors may find themselves faced with the scenario of being forced to provide additional money to top up on their loan margins when the market falls, or incur a higher financing cost when interest rates trend upwards. The above events increase the potential of capital loss.

• Investment Risk
1. Capital Market Risk

Investors should note that unit trust fund is subject to the volatility of the capital market, which includes stock market and other securities market. The capital market is influenced by certain factors such as economic growth, movement in interest rates, overseas capital market performances and fiscal policies of the respective countries.

Performance of a unit trust fund, which invests heavily in equities, will be affected by the performance of the economic growth, overseas stock market performances and the respective fiscal policies in these markets.

Performance of a unit trust fund which invests heavily in fixed income securities will be affected by the movement of interest rates and fiscal policies.

2. Specific Risk or Stock Risk

Specific risk or stock risk is the portion of risk which is unique to the company that issues the securities. Specific risk can be associated with management errors, shift in consumer taste, advertising campaign, lawsuits and competitive industry conditions.



5. Who Usually Invest in Unit Trust Funds

Unit trust funds are promoted as a long-term investment instrument. It is also a form of indirect mechanism for participating in capital market instruments. Generally, investment in unit trust funds carries a relatively lower risk-return profile, hence would appeal to you if you are a conservative investor with a long-term investment horizon and who lacks the time and skill to directly participate and monitor the investments in the various capital market instruments.



6. Fees and Charges

In investing in unit trust funds, you must understand that there are fees and charges that are directly or indirectly charged to you. The direct charges incurred by you when buying and selling of units are the initial service charge or sales charge, redemption fee or repurchase fee and service charge on investment through the EPF Members' Investment Scheme.

In administering the unit trust fund, there are fees and charges incurred by the unit trust fund, such as the Management fees, the Trustee's fees, the Auditors' remuneration and other relevant professional fees, costs, charges and expenses in the printing and distribution of annual reports and distribution vouchers to you, as well as expenses which are directly related to and necessary for the business of the unit trust fund.

You are advised to consider the fees and charges before investing.



7. Regulatory Framework of Unit Trust Funds in Malaysia

The establishment and operation of unit trust funds is governed by the Capital Market and Services Act, 2007, and the Guidelines, and administered by the Securities Commission which is the regulatory body of unit trust funds in Malaysia. The law requires, amongst others, that the trust deed be registered and that the appointment of the manager, trustee, investment manager, manager's directors, chief executive officer, the investment committee members and the syariah committee members be approved by the Securities Commission.



8. How To Measure the Performance of a Unit Trust Fund

In measuring a Fund's performance, an investor should understand the basic definitions of Fund returns.

1. Total Returns

The change in a Fund's Net Asset Value (NAV) over time, assuming that income distribution are reinvested and that there are no purchases or redemptions made during the period.

2. Average Annual Total Return

The Total Return for the period divided by the number of years under review.

3. Distribution Yield (for fixed-price Funds)

The income distribution divided by the Fund's price, which is fixed at RM1.00 per unit.

4. Performance Benchmark

Although the past performance of a fund is not indicative of its future performance, it is useful to compare the fund's performance to its benchmark and other funds with similar investment objectives. The use of an appropriate benchmark that fits a Fund's investment objectives or asset classes can be extremely useful. This is because different asset classes perform differently following changing market conditions. For instance, an equity fund which primarily invests in Malaysian equities would be appropriately benchmarked against the Kuala Lumpur Composite Index (KLCI) or any Bursa Malaysia indices, while a balanced fund would be appropriately benchmarked against a composition of asset classes, for example, 50:50 between KLCI and 3-month Kuala Lumpur Interbank Offered Rate. When selecting a Fund, an investor should be looking for a fund which have consistently outperformed its benchmark or competitors.



9. Comparison with other Forms of Investments

All investments carry some form of risk-return trade off. In general, risk and return comparison for the various investments may be summarised as follows:

	Types of Investment	Risk Level	Expected Return Level
1.	Financial derivative products	High	High
2.	Investment in shares
3.	Real property
4.	Unit trust
5.	Fixed deposit
6.	Cash	Low	Low

This program is a collaboration programme between Majlis Agama Islam Wilayah Persekutuan (MAIWP) and Permodalan Nasional Berhad (PNB) with an objective to nurture a long-term investment concept to Asnaf group through investment in Amanah Saham Bumiputera (ASB) unit trust fund.

Eligibility criteria

The selection on the participants of the programme is done by MAIWP and is based on selection process and, sole and absolute discretion of MAIWP.

Program implementation

• The participant will receive a certain amount, which will be determined by MAIWP, in their ASB account that will be blocked for 5 years.
• The participant cannot withdraw the principal amount that has been blocked but can redeem the income distribution/bonus received from these blocked units through this program.
• After five (5) years, the blocked units will be released on staggered basis with a certain amount annually over a period of four (4) years.

 FAQ