Amanah Saham 1Malaysia (AS1M) - ONE Malaysia

Yes, that's it, pronounce as wan-ma-lay-si-a is a new fund launch from 5th Aug - 3rd Sep '09.
The aim is for those who (above 18 yrs old, that is) seek regular income. Similar to ASB but open to malaysians =).


Each unit will be sold at MYR 1.00/unit. As PNB usual practice, the transaction is via investment book; starting with MYR 100.00 any of PNB agents - CIMB, POS, RHB and Maybank. As compared to ASB, there's no limitation of unit after offer period ends.

Good news for local varsity freshies, some 50,000 of are getting free 100 units.. Wow!

ASB : It's 7.00 cents perunit plus 1.75 cents bonus

ASB ANNOUNCED 7.00 SEN PER UNIT OF INCOME DISTRIBUTION AND BONUS OF 1.75 SEN PER UNIT


KUALA LUMPUR – Amanah Saham Nasional Bhd (ASNB) , a wholly-owned subsidiary of Permodalan Nasional Berhad has announced an income distribution of 7.00 sen per unit and a bonus of 1.75 sen per unit for Skim Amanah Saham Bumiputera (ASB) for the financial year ended December 31 st, 2008 .

The income distribution portion will involve a total payout of RM4.22 billion, almost equal to the allocation made for ASB income distribution in 2007.

The bonus portion will involve a total payout of RM678.03 million by PNB .

PNB Chairman, Tun Dato’ Seri Ahmad Sarji said, the payment will benefit 6.56 million unit holders which currently hold 62 billion units of ASB.

Tun Ahmad Sarji said 2008 is a challenging year for the ASB fund manager as evidenced by the equity market which saw a drop of 40.85 percent in the benchmark KLSE CI during the year following the credit and financial crisis in the developed nations.

Notwithstanding the above scenario, the discipline and prudence practiced by the ASB fund manager has helped to produce an encouraging performance of the fund.

Up to December 10 th, 2008 , ASB has recorded a gross income of RM5.14 billion. Dividend income from investee companies contributed RM3.12 billion or 60.71 percent of the gross income, and profit from the sale of shares contributed RM1.58 billion or 30.75 percent. The rest of the income at 8.54 percent or RM439 million is derived from investments in short term instruments and other investments.

The calculation of the income distribution is based on the average monthly minimum balance held throughout the financial year of ASB ending December 31 st, 2008 . The calculation of the bonus on the other hand is based on the average monthly minimum balance held by the unit holders in the past ten years, starting from 1999 up to 2008.

The income distribution and bonus will be automatically credited into the respective unit holders’ accounts. Unit holders will be able to update their accounts beginning January 2 nd, 2009 .

All transactions for ASB at ASNB head office, ASNB branch offices and agents will be suspended on December 19 th, 2008 until January 1 st, 2009 , to facilitate the calculation of income distribution and bonus.

ASB is a fixed price equity income fund, opened for Bumiputera aged 12 years and above. This fund is aimed at generating long term, consistent and competitive returns to the unit holders whilst ensuring the preservation of capital at minimal risk tolerance level.

Source : www.asnb.com.my

ASM’s new 1b units fully subscribed?

On the 28th November 2008, I read in The Star, ASNB announced the addition of one billion new units of Amanah Saham Malaysia (ASM) for subscription from Monday,1st December 2008. Just to remind you all, the last 6.2 Billion unit was fully subscribed. And now, the remaining 1 billion which on lasted for grab for less than 4 days..


From the Star, 4th December 2008:-

KUALA LUMPUR: Amanah Saham Malaysia’s one billion new units were fully subscribed on Thursday; four days after the additional units were opened for sale on Monday.

These units were subscribed by 154,781 unit holders of which 89,060 are new account holders, representing 58% of the successful investors.

PNB said the additional units were fully subscribed at 10.55am on Thursday or slightly over three days for the entire one billion units. Each account holder was allowed a maximum of 10,000 units each.

PNB president and group chief executive Tan Sri Hamad Kama Piah Che Othman said such response from over 150,000 investors in slightly over three days reflected their confidence towards the management of PNB and ASNB.

With the conclusion of the sale, ASM’s fund size had grown to 7.2 billion units from 6.2 billion units.

ASM was launched on April 20, 2000 with an initial fund size of two billion units which were fully subscribed in 21 days.

ASM is a fixed priced unit trust fund opened to all Malaysians aged 6 months and above. Since its launch, the ASM has recorded an average income distribution of 7.12 sen per unit.

ASNB OFFERS 488 MILLION ADDITIONAL UNITS OF AMANAH SAHAM DIDIK (ASD)

24 November 2008



KUALA LUMPUR –Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB) has announced a 488 million additional new units of Amanah Saham Didik (ASD) to be opened for subscription beginning today.

Transactions of the new ASD units started this morning at 8.15 am at all ten ASNB full operation offices nationwide. Unit holders could also subscribe to the new ASD units at the 1,627 ASNB agents’ branches nationwide subject to their operating hours.
With these additional units, the fund size of ASD has increased to 3.0 billion units from 2.512 billion units previously.


President and Group Chief Executive of PNB, YBhg Tan Sri Dato’ Hamad Kama Piah bin Che Othman said the new additional units would enable more investors to own units in the fund.
“The fund had received overwhelming response previously and we are confident that it will continue to receive similar response with these additional units”, he said.
This is the second launch of ASD additional units this year after a similar exercise in July with 200 million additional units offered.


Similarly last year, ASD had two new additional launches during the year, in July involving 200 million units and in November with 300 million units.


ASD was launched on April 20th, 2001 with an initial fund size of 300 million units.
The fund size was first increased in 2002 with 200 million units, followed by 2004 with 200 million units, 2005 with 500 million units and 300 million units in July, 2006.


For the financial year ended June 30th, 2008, ASNB had announced an income distribution of 7.00 sen per unit.


ASD is a fixed priced unit trust fund opened to Bumiputera investors as early as 6 months old. Investors can also invest in the ASD using the Employees Provident Fund Member’s Scheme.

ASD is aimed at Bumiputera investors who would like to invest for their future or their childrens’ education needs. Since its launch, the average income distribution for the ASD fund is 7.4 sen per unit.