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 :

• Maybank
• Maybank Islamic
• CIMB
• CIMB Islamic
• RHB
• RHB Islamic
• Pos Malaysia
• Bank Simpanan Nasional (BSN)
• Affin Bank
• Alliance Bank
• AmBank
• AmBank Islamic
• Bank Muamalat
• HongLeong Bank
• HongLeong Islamic Bank
• Bank Islam
• AFFIN Islamic

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:

• Between ASB & ASN. Switching from ASB to ASN or vice-versa, can be performed at any time and no limit for the frequency of switching between the funds.
• Between ASN Imbang2, ASN Equity 3 & ASN Sara 1 Funds. The switching facility in ASN Imbang2, ASN Equity 3 & ASN Sara 1 is limited to 4 times in a financial year.

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:

• Diversified portfolio of investment that help to reduce investment risk
• 'On the spot' transaction - selling and buying
• Nationwide ASNB Agents network
• Professional and experience management
• Affordable because minimum capital needed to participate
• Rights and interests of unit holder is safeguarded by Amanah Raya Trustee Berhad, as Trustee

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.

* 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.

• Investment Book: Update the ASN Equity 2 investment book at ASNB Branches or Agents.
• Investment through EPF: Please refer to ASN Equity 2 investment statement which will be distributed later.

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:

1. Amanah Saham Bumiputera (ASB)
2. Amanah Saham Bumiputera 2 (ASB 2)

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.

• Non-Malaysians
• Unit holders who have surrendered their Malaysian citizenship

• Non-Malaysians
• Non-Bumiputera/Sabah native/Sarawak native/ Orang Asli (for funds that open to Bumiputera only)
• Unable to provide document that shows descendants who are entitled to invest
• Failure to respond as required after a reminder letter is issued by ASNB

• PHEANS (Sabah Native Affairs Office)
• MANWPL (Native Court of Federal Territory of Labuan)
• SAN (Native Certificate from Sarawak Bumiputera Court)

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.

Example:

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 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

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;

• First, unit holders have to do switching units from ASB to ASB 2,
• Then, transfer the units from ASB2 to the minor’s ASB 2.

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:

1. Release Letter to the Certificate Unit, Unit Trust Operations & Record Administration Department, ASNB to release the certificate status before the claim process can be done OR
2. Redemption Letter to Account Department, ASNB for redemption process of the certificate

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.

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.

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:

• The fund(s) registered must be given to the donee(s) in its entirely (100%)
• To be eligible, the balance units of each unit trust fund must be 1,000 units and above throughout the period of Hibah Amanah
• The units must be wholly-owned by the donor

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:

• parents
• grandparents
• siblings
• registered guardian approved by ASNB

Registration can be performed at any ASNB branch.

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:

• The funds registered must be given to the Donee(s) in its entirely (100%)
• To be eligible, the balance units of each unit trust fund must be 1,000 units and above

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:

• parents
• grandparents
• siblings
• registered guardian approved by ASNB

Registration can be performed at any ASNB branch.

Complete the following documents and submit with the registration fee:

• Application form (PH1B)
• One original copy of Power of Attorney

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.

Maximum Investment Limit of RM 25,000 Per Day

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:

• a) Investment via cheque/draft bank
• b) Investment transactions via bank transfers.
• c) Investment transactions made through transfer of units from one fund to the other ASNB trust funds of the same unit holder.
• d) Transactions made through switching and transfer facility.
• e) Investment transactions made through transfer of units from estate claim of a deceased.
• f) Transfer of units from other cases such as transfer of redemption of a coma/similar disability.

The investor can perform the investment through one of the following methods:

• Method 1:

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

• Method 2:

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:

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:

1. Investment via transfer from other unit holder’s unit trust accounts who has deceased.
2. Investment via salary deduction scheme or standing instruction.
3. Investment via reinvestment of dividend distribution.
4. Investment via Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia).

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:

• Complaints on discrepancy in investment balance/invalid withdrawal
• Copy of original transaction documents
• Copy of Hibah Amanah (HA) / Pengisytiharan Amanah (PA) document
• Copy of Estate Claims document

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:

1. Permohonan Carian Rekod form
2. Maklum Balas Pelanggan form (if it involves complaint on discrepancy in the investment balance/invalid withdrawal)

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.

• Cooling-off right is the right given to the unit holders to cancel and obtain a refund of their first investment in ASNB variable price fund (“ASNB VP Funds”) using any form of payment method including investment via EPF - Members’ Investment Scheme (“EPF-MIS”), if the request for the cooling off right is exercised within the period allowed.
• The cooling-off right, however, does not extend to a corporation or institution, the staff of PNB/ASNB or persons registered with the body approved by the Securities Commission to deal in unit trust funds.

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.

• Cooling-off right is applicable to existing and new unit holders of ASNB, who invest in any ASNB VP Funds for the first time including investment via EPF-MIS, with no other transactions performed to that particular investment prior to exercising the cooling-off right.
• Partial cancellation is not allowed.
• Cooling-off right will be given once per lifetime.

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.

• Effective 15th April 2023, the refund for every unit held by unit holder pursuant to the exercise of cooling-off right shall be based on the price per unit on the day first subscribed or the price per unit at the point of request for cancellation of investment (market price), whichever is lower.
• Unitholders will receive the whole investment amount including the sales charge.
• The amount will be refunded via cash, cheque or transfer to unit holders’ registered bank account with ASNB, within seven (7) business days from the date of investment cancellation. For investment via EPF-MIS, the refund will be transferred to unit holder’s EPF Account 1.

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.

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:

• Application form (downloadable at ASNB website)
• Photocopy of identification documents (including passport) which have been certified by verified by Malaysian Embassy Officer/Notary Public/ Commissioner for Oaths together with their official stamp, name, title and signature
• Payment of fees can be made to:
  • Bank: CIMB
  • Account Number: 8000797410
  • Account Name: ASNB Back Office

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:

• Original identification document of the representative
• Photocopy of the Unit Holder/Registered Guardian's identification document
• Photocopy of the Unit Holder/Registered Guardian's investment book front page
• Representative Authorisation Form – ASNB B/6 form which has been completed by the Unit Holder/Registered Guardian

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.

• You may report on the loss of the investment book at the nearest ASNB branches and ASNB agents to suspend the account.
• You may make the replacement of the investment book at the nearest ASNB branches (only).

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.

• Faster access – Unit holders can have faster access to income distribution statement, annual report and interim report.
• Convenience – Unit holders do not have to come to ASNB or agents’ branches to view their income distribution but is able to do so through the electronic statement.
• Security – Income distribution statement can only be accessed by unit holder that is authenticated through a unique password to avoid any possibility of the statement to be accessed by third party.
• Environment Friendly– Preserve nature through paperless environment.

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:

1. ASNB or agents’ branches nationwide
2. Postal Address:
   Amanah Saham Nasional Berhad
   Jabatan Pengurusan Ejen & Perhubungan Pelanggan
   UG, Balai PNB
   201-A, Jalan Tun Razak
   50400 Kuala Lumpur
   
3. Fax: 03-20505220
4. Email: asnbcare@pnb.com.my

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:

1. ASNB or agents’ branches nationwide
2. Postal Address:
   Amanah Saham Nasional Berhad
   Jabatan Pengurusan Ejen & Perhubungan Pelanggan
   UG, Balai PNB
   201-A, Jalan Tun Razak
   50400 Kuala Lumpur
   
3. Fax: 03-20505220
4. Email: asnbcare@pnb.com.my

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:

• Balance enquiry for ASNB unit trust funds
• Additional Subscription to ASNB unit trust funds
• Access to recent transactions
• Access to electronic statement
• Register to any ASNB unit trust funds
• Search for ASNB branches nationwide

The minimum amount of additional investment allowed :

• Fixed Price Funds : RM100
• Variable Price Funds : RM150

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:

1.50 billion units (until the units are fully subscribed).

Subject to the availability of the additional units.

Monday, 29 January 2018

• Application is offered to Malaysian Indian:
  • Akaun Dewasa (18 years and above)
  • Akaun Bijak (parent or guardian who is investing for children aged 18 years old and below, and have valid birth certificate).
• The applicant does not have investment in ASM 3 or has become a unit holder but holding less than 30,000 units.
• The applicant is not declared bankrupt when applying and during the holding period.

• The eligibility of investors is identified based on the race information in MyKad.
• ASNB identifies the eligibility of the investors based on Jabatan Pendaftaran Negara (JPN) classification. For example, there are ten (10) sub-categories that are identified as Indian community, as follows:
  • India
  • Malayali
  • Punjabi
  • Sikh
  • Tamil
  • Telegu
  • Malabari
  • India
  • Muslim
  • Telugu
  • Orissa

• You hold existing unit of ASM 3 more than 30,000 unit.

or


• You are the existing unit holder of ASNB and has investment in either ASM 3 or any other ASNB funds, and due to some data issues in ASNB system, your subscription could not be executed.

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:

• Maybank
• CIMB Bank
• RHB Bank
• POS Malaysia
• Bank Simpanan Nasional (BSN)
• Affin Bank
• Alliance Bank
• AmBank
• Bank Muamalat Malaysia Berhad
• Hong Leong Bank

1. myASNB Portal : Existing unit holders with holding less than 30,000 units in ASM 3 and has registered as portal user can invest via myASNB portal.
2. Internet Banking : Subscriptions can also be performed via Maybank2u, CIMBClicks, AffinOnline, RHBNow and HLB Connect.
3. Self Service Terminal (ATM Maybank) : Additional subscription can also be done via Maybank ATM.
4. Mode of Payment: Applicants/unit holders can invest in ASM 3 via Cash/ Bank Draft/Cheque/Banker’s Cheque/ EPF Members Investment Scheme.



         Note:


• Subscription through Cheque or Bank Draft or Banker's Cheque or EPF Members Investment Scheme can only be done at ASNB KL Main, Kuala Lumpur or ASNB branches.
• Cheque must be payable to ‘Amanah Saham Nasional Berhad’.
• Subscription through cheque payable to `unit holders’ or “ Registered Guardian” is allowable if the cheques are issued by:
1. Malaysian Government
2. Companies under PNB Group
3. Government Link Companies (GLCs)
4. PNB Investee Companies
• Subscription via cheque/ Bank Draft / Banker's Cheque are subject to the clearing date of the cheque/ Bank Deraf/ Banker's Cheque.
  
  
5. EPF Members’ Investment Scheme: Applicants/unit holders can invest through EPF. Subscription can only be confirmed once ASNB received payment from EPF (normally 7 business days from the day application is submitted by unit holder to payment received from EPF).

Subscription of ASM 3 units will based on ‘first come first serve basis’ and subject to terms and conditions and availability of units.

• Adult applicant is required to bring Mykad.
• Registered Guardian is required to bring MyKad. Minor/Kids need to bring Mykid and/or Birth Certificate to perform transaction.

Income distribution for ASM 3 in the last 3 years are as follows:

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:

1. Change in the names of existing variable price funds
2. Changes to the fund category for ASNB funds
3. Changes to the asset allocation strategy for ASNB funds
4. Changes to the performance benchmark for ASNB funds

The rebranding exercise was formulated based on the following objectives:

All ASNB variable price funds managed by ASNB the renaming exercise. The renaming of the funds are as follows:

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.

• As an initiative to strengthen the investment portfolio of the funds, PNB has formulated a Strategic Asset Allocation Framework (SAA) to optimize the asset allocation of the funds in accordance with the categories and objectives of the funds.
• SAA outlines the repositioning of each fund in accordance with the respective categories with the following objectives:
  • Enabling optimal risk-return balance
  • Enhancing long-term returns sustainability
• SAA requires the need to standardize the current benchmarking approach ie for each fund to be benchmarked relative to appropriate reference portfolio, to better gauge portfolio performance in accordance with the funds’ objectives and categories.
• Since all fixed price funds share similar features, the benchmarks, category and asset allocation strategy for all fixed price funds will be streamlined.
• Being fixed price funds, the performance of fixed price funds is benchmarked against instruments that have similar features with that of the funds.
• The 12-month FD rate is more appropriate from unit holders’ perspective since the 3-month KLIBOR rate is only applicable to banks (interbank rate, while MGS only cater to sophisticated investors.

• The investment objectives and risk profiles of all fixed price funds are not changed.
• Among the objective in the formulation of SAA Framework is delivering sustainable return over a long-term period within appropriate risk levels in accordance with the investment objective and category of funds. Accordingly, the Manager strives to continue to deliver those objectives.

The changes will take effect on 1 May 2018.

• As an initiative to strengthen the investment portfolio of the funds, PNB has formulated a Strategic Asset Allocation Framework (SAA) to optimize the asset allocation of the funds in accordance with the categories and objectives of the funds.
• SAA outlines the repositioning of each fund in accordance with the respective categories with the following objectives:
  • Enabling optimal risk-return balance
  • Enhancing long-term returns sustainability
• SAA requires the need to standardize the current benchmarking approach ie for each fund to be benchmarked relative to appropriate reference portfolio, to better gauge portfolio performance in accordance with the funds’ objectives and categories.
• The asset allocation strategies are streamlined to better reflect the categories of the fund and the actual strategies in practice.
• The asset allocation strategy and benchmarks are streamline according to categories as practiced by the industry . The cash/fixed income components of the benchmark will use the 12-month FD rate as opposed to the current 3-month KLIBOR rate since the 12-month FD rate is more appropriate from unit holders’ perspective since the 3-month KLIBOR rate is only applicable to banks (interbank rate).

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:

1. In writing:
   Amanah Saham Nasional Berhad
   Agent Management and Customer Relations Dept
   UG, Balai PNB
   201-A, Jalan Tun Razak
   50400 Kuala Lumpur
   


2. ASNB Call Centre : 03 – 7730 8899
3. Email: asnbcare@pnb.com.my

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:

• To highlight the 'ASB' brand onto all Bumiputera fixed price funds
• To highlight the 'ASM' brand onto all Malaysian fixed price funds

The renaming of the fixed price funds are as follows:

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:

• Email : asnbcare@pnb.com.my
• ASNB Call Centre : 03 – 7730 8899
• In writing:
  
  Amanah Saham Nasional Berhad
  Agent Management and Customer Relations Dept
  UG, Balai PNB,
  201-A Jalan Tun Razak,
  50400 Kuala Lumpur

For more information on the changes, please refer to the Fourth Supplemental Master Prospectus registered with the Securities Commissions Malaysia on 14 September 2018.

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.

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.