Unit Trust : ASB Made Easy

ASB (Amanah Saham Bumiputera) made easy

• One of the investment types or funds offers by PNB to encourage Bumiputera to investing in Unit Amanah (a.k.a. unit trust).
• Same application and investment method like Unit Trust. ASB also invest in many companies in the stocks or shares market, or perhaps government securities; whichever they can get profit from. They also have their own fund manager.
• Flat price only. They sell at RM1.00/unit all year round.
• ASB gives Dividends and Bonuses only at the end of the year. For example, PNB always declared dividends at the end of the year. Last year, 2007, they declared dividends for ASB is 8%. Which means, if the investor invested RM10,000, they only get RM800 for the dividends.
• No switching facilities or capital gains (from price increases).
• Can invest through all the major banks or even pejabat pos too. They can make withdrawal from there too.
  
• ASB give returns from 6% to 8% per year. Last year they declared 8% for dividend and 1% for bonus.
• Very good for a safe investor who looking for stable and 'ngam-ngam' returns. Not suitable for a brave investor who looking a higher returns and more than 'biase-biase' return.