Amanah Saham 1Malaysia - New Unit Trust Fund for Malaysians

Written on July 16, 2009 – 2:04 pm | by Kampung Boy |

Pleasant surprise to those unit trust lovers. Prime Minister, Datuk Seri Najib has agreed to Permodalan Nasional Bhd (PNB) to establish a new unit trust fund, Amanah Saham 1Malaysia (AS1M).

The size of the fund will be at RM 10 billion and it is open to all Malaysians aged 18 and above. This fund is launch in celebrating our PM’s 100 days in office.

A good way to start

For those looking for higher returns compared to fixed deposit, Amanah Saham 1Malaysia might just be the right tonic for you to diversify on your investment portfolio.

Will i invest?

It has been a long time since i put any money into any PNB products. Maybe because at the moment the returns given by them are not attractive enough to me. Greedy…

Term of investment

Usually PNB products are mainly catered for medium to long term investors with an average of 5% to 10% return per annum. Mind you, it’s not guaranteed.

Get your alarm clock and cheque books ready as i am pretty sure the queue will be long for this new fund. You wouldn’t want to miss on this golden opportunity to invest on something which is better then our current FD rate.

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  1. 8 Responses to “Amanah Saham 1Malaysia - New Unit Trust Fund for Malaysians”

  2. By LOKE on Jul 17, 2009 | Reply

    Kampung Boy,

    I heard people saying that our PM has launched so many investment opportunities for us because he wants to use our money to support our share market.

    What do you think of this statement???

  3. By Kampung Boy on Jul 24, 2009 | Reply

    Interesting statement brother. I totally agree with what you say but need some facts to back up our statements. ^^

  4. By kev on Jul 31, 2009 | Reply

    bro.. is this capital guaranteed as well? Means the unit price always remain as RM1?

  5. By Kampung Boy on Aug 1, 2009 | Reply

    It is a fixed price fund at RM 1. Same like Amanah Saham Wawasan 2020 (ASW 2020) and Amanah Saham Malaysia (ASM).

    The unit price will forever remain at RM 1. That’s right.

  1. 4 Trackback(s)

  2. Jul 16, 2009: Amanah Saham 1Malaysia - New Unit Trust Fund for Malaysians · MutualFunds.ExplainedOnline.Net
  3. Aug 2, 2009: AS1M - Tips and pointers before investing
  4. Aug 2, 2009: Amanah Saham 1Malaysia - Tips and pointers before investing
  5. Mar 18, 2010: AS1M - Poor response as the government is running dry

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