Amanah Saham Bumiputera

Fund Details

Type :

Income

Category :

Mixed Asset

Objective :

To generate long-term, consistent and competitive returns to the unit holders whilst ensuring the preservation of capital at minimal risk tolerance level.

Potential Investors :

Those who understand investment risk and reward and expect to benefit from long-term growth of the Fund through re-investment of distribution (if any) as well as to receive regular income (if any) on their capital.

Eligibility :

Bumiputera

Akaun Dewasa
- Malaysian Bumiputera individual who is 18 years and above.
- Citizen of Malaysia who is 18 years and above of:
  - Siamese/Thai descent
  - Portugese/Eurasian descendant
  - Non-Bumiputera Muslim convert
Akaun Remaja (Guardian from the above category applying for units as the guardian for a Malaysian minor from the above category who holds a valid birth certificate but is below 18 years of age).
Note: The Manager has the absolute discretion to change the eligibility age of minor subject to provision of the Deed and approval from the Trustee.

Investment Manager :

Permodalan Nasional Berhad

Financial Year End :

31 December

Price per Unit :

RM 1.00

Form of Investment :

Cash/Cash Equivalent

Minimum Initial Investment :

Cash/Cash Equivalent: RM10

Minimum Additional Investment :

Cash/Cash Equivalent: RM1

Maximum Investment :

Akaun Dewasa¹: 300,000 units
Akaun Remaja¹: 300,000 units²

Note:

In the case of Akaun Dewasa and Akaun Remaja for ASB, the maximum investment may exceed 300,000 Units or 300,000 Units respectively (as may be amended from time to time), due to re-investment of distribution of income, if any, or inheritance from a deceased Unit Holder. The additional of 100,000 Units is only applicable for investment via cash.
A Remaja is not allowed to request the Manager to redeem units unless the Remaja has attained the age of twelve (12) years and the request to redeem shall not be more than two hundred (200) Akaun Remaja Units in any one (1) week. The Akaun Remaja units will be automatically converted into Akaun Dewasa once the Remaja attained the Age of Majority.

Sales Charge :

None

Repurchase Charge :

None

Payment of Repurchase :

On-the-spot

EPF Members Investment Scheme :

None

Distribution Policy :

The Fund will distribute earnings from its income, if any, to you, at our discretion, subject to approval from the Trustee.

Account Closure and Income Distribution Entitlement :

Based on the Deed of the funds, ASNB is allowed to close the account should the balance in the account fall below the minimum investment balance as stated in the Master Prospectus. Therefore, unit holders are advised to maintain the minimum investment balance in the account at all times throughout the financial year of the fund(s), to avoid closure of the said account thus affecting future income distribution entitlement, if any.