Money Saving Investment

Amanah saham is simply the Malay word for unit trust. The term is widely associated with unit trust schemes managed by Permodalan Nasional Berhad (PNB).
ASB was launched on May 1989 and may be the most popular unit trust scheme of PNB thanks to its open-ended structure and many benefits. Here more info on the ASB scheme and why it is so interesting:
  1. Low-Risk
  2. Capital guaranteed
  3. Price per unit is RM1.00
  4. Dividends are exempt of tax
  5. No sales or redemption charge
  6. Dividends are computed monthly, but are calculated annually
  7. Open to Malaysian Bumiputras aged 18 and above. A Trust can be set up for those aged between 12 and 18
  8. You can only invest up to RM200,000, but your balance can be higher thanks to compounding growth
Subscribe to: Posts (Atom)