A lot people looking to know what is Amanah Saham and How it Works?, so what is it? fxcm There are many terms such as ASB/ASM/ASN/ASNB. Let me explain to you what they mean and how they work.
Many people were curious about Amanah Saham, a local unit trust for Malaysia. How can they invest? Amanah Saham has many terms, for example ASM, ASB ASNB ASN. I think most people are confused by this term, so let me explain each one.
1. ASB is Amanah Saham bumiputra, the name of a fixed-price unit fund that is only open to bumiputras. Fixed-price unit trust means that the fund price is fixed. In this case, it's 1 ringgit malaysia for ASB. The price of the unit won't ever change. It is a capital guarantee, so if you invest 100 ringgit malaysia in ASB. You will never lose your capital of 100 ringgit malaysia, because the unit price has been fixed and won't go up or down.
There are three ASB unit trust, namely ASB ASB 2 ASB 3 for all of them, the fund price is set at 1 ringgit malaysia per unit and the historical return has always been more than 6% a year ASM,
2. ASM is the fixed-price unit trust available to all Malaysians. ASM is open to all Malaysians, bumiputras or not. It is a fixed-price unit trust. This means that the price of each unit will always be 1 ringgit, and never increase or decrease. ASM, ASM2, ASM3 are the three ASM unit trusts. The fund price for all these, is also RM1 per unit and historically the return has always been above 6% as well.
The third option is ASN - Amanah Saham Naional. This one is different as it is not a unit trust with a fixed price. it is a variable price unit trust, meaning when you invest in a Amanah Saham Nasional the fund price can vary from day to day.
It could be RM1 today, but tomorrow it may go down to RM1.10. This will depend on the performance of the underlying asset. All Malaysians can invest in this fund. There are 8 of these funds being offered in the market
4. Finally ASNB, Amanah Saham Nasional Berhad. this is the fund management company that manages all the ASB ASN ASM so they are basically the company that manages all these funds.
All these terms should be clear to you now. ASB is a fixed unit trust that is only open to bumiputra ASM is a fixed unit trust that is available to all Malaysians ASN is based on varying prices and is open for all Malaysians ASNB manages these three funds.
We all struggle to earn money, whether online or offline. So, it is important to leverage our investments to get a return on our money. Amanah Saham is a great option for those who don't like to risk their money by investing in the stock market. Good luck for your investment journey.