{"id":70141,"date":"2023-06-15T16:54:01","date_gmt":"2023-06-15T08:54:01","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=69299"},"modified":"2026-01-09T16:05:51","modified_gmt":"2026-01-09T08:05:51","slug":"how-to-invest-in-asnb","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/how-to-invest-in-asnb\/","title":{"rendered":"Want To Start Investing In ASNB? Here’s What You Should Know!"},"content":{"rendered":"\n

Version:<\/em><\/strong> CN<\/mark><\/em><\/strong><\/a><\/p>\n\n\n\n

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ASNB Unit Trust is a fund managed by Amanah Saham National Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB).<\/p>\n\n\n\n

It was established on 22 May 1979 to manage funds launched by PNB.<\/p>\n\n\n\n

ASNB offers a total of 16 funds, including 6 Fixed Price Funds and 10 Variable Price Funds.<\/p>\n\n\n\n

Continue reading to find out more!<\/p>\n\n\n\n

  1. Differences between ASNB Fixed Price Funds and Variable Price Funds<\/strong><\/span><\/a><\/li>
  2. Risks of Investing<\/strong><\/span><\/a><\/li>
  3. Steps to invest in ASNB Funds<\/strong><\/span><\/a><\/li><\/ol><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    <\/a>1. Differences between Fixed Price Funds and Variable Price Funds<\/h2>\n\n\n\n
     <\/td>Fixed Price Funds<\/strong><\/span><\/td>Variable Price Funds<\/strong><\/span><\/td><\/tr>
    Price<\/strong><\/span><\/td>Fixed at RM1\/unit<\/td>Varies according to market<\/td><\/tr>
    Sales Charge<\/strong><\/span><\/td>No<\/td>1.75%-5%<\/td><\/tr>
    Performance<\/strong><\/span><\/td>Stable<\/td>Fluctuates according to market<\/td><\/tr>
    Unites<\/strong><\/span><\/td>Limited units<\/td>Always available<\/td><\/tr>
    Return<\/strong><\/span><\/td>Annual dividend payout<\/td>Annual dividend payout & capital gain (ie. Selling Price > Buying Price)<\/td><\/tr>
    Dividends Earned Taxable<\/strong><\/span><\/td>No<\/td>Yes<\/td><\/tr>
    On-The-Spot Redemption<\/strong><\/span><\/td>Yes, up to RM1,000 a month<\/td>Depends<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    <\/a>2. Risks of Investing<\/h2>\n\n\n\n

    Though investing can bring ample returns when done right, it comes with its fair share of risks that should be noted:<\/p>\n\n\n\n

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    1. Both Variable and Fixed Price Funds are subject to the fluctuation of the market and interest rate.<\/li>\n\n\n\n
    2. Capital is not protected by PIDM.<\/li>\n\n\n\n
    3. There is a quota capped to non-Bumiputera for ASM funds.<\/li>\n\n\n\n
    4. Any withdrawal of funds with a value above RM1,000 must be made over ASNB’s branches and agents at the counter.<\/li>\n<\/ol>\n\n\n\n

      Below are any ASNB branches or agents for you to open a new account, subscribe and redeem your investment, namely:<\/p>\n\n\n\n

      No.<\/strong><\/span><\/td>ASNB branches or agents<\/strong><\/span><\/td><\/tr>
      1<\/td>Maybank<\/td><\/tr>
      2<\/td>Maybank Islamic<\/td><\/tr>
      3<\/td>RHB<\/td><\/tr>
      4<\/td>RHB Islamic<\/td><\/tr>
      5<\/td>CIMB<\/td><\/tr>
      6<\/td>CIMB Islamic<\/td><\/tr>
      7<\/td>AmBank<\/td><\/tr>
      8<\/td>AmBank Islamic<\/td><\/tr>
      9<\/td>Hong Leong Bank<\/td><\/tr>
      10<\/td>Hong Leong Islamic Bank<\/td><\/tr>
      11<\/td>Pos Malaysia<\/td><\/tr>
      12<\/td>Bank Simpanan Nasional (BSN)<\/td><\/tr>
      13<\/td>Affin Bank<\/td><\/tr>
      14<\/td>AFFIN Islamic<\/td><\/tr>
      15<\/td>Alliance Bank<\/td><\/tr>
      16<\/td>Bank Islam<\/td><\/tr>
      17<\/td>Bank Muamalat<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      <\/a>3. Steps to invest in ASNB Funds<\/h2>\n\n\n\n

      Follow these simple steps to start investing in ASNB funds!<\/p>\n\n\n\n

      Step 1<\/span><\/strong><\/td>Download and install the myASNB app<\/td><\/tr>
      Step 2<\/span><\/strong><\/td>Register for your ASNB account by keying in your personal details<\/td><\/tr>
      Step 3<\/span><\/strong><\/td>Take a photo of your IC and upload a video selfie for verification<\/td><\/tr>
      Step 4<\/span><\/strong><\/td>Set up your username and password<\/td><\/tr>
      Step 5<\/span><\/strong><\/td>Proceed to buy your first ASNB units<\/td><\/tr>
      Step 6<\/span><\/strong><\/td>You are required to complete a one-time-only risk assessment<\/td><\/tr>
      Step 7<\/span><\/strong><\/td>Make an initial investment of RM10 via FPX online banking or selected e-Wallets<\/td><\/tr>
      Step 8<\/span><\/strong><\/td>You have successfully purchased your first ASNB units!<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Copies of the Master Prospectus and application forms are available at ASNB branches and ASNB agents. The Master Prospectus also can be downloaded from the ASNB website.<\/p>\n\n\n\n

      *Funds open to all Malaysians, except funds that are open to Bumiputera only.<\/em><\/p>\n\n\n\n

      Investing involves risk and past return is not indicative of future performance. Please seek a professional Amanah Saham Nasional Berhad (ASNB) expert before making important investment decisions.<\/p>\n\n\n\n

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      Other than investing in unit trusts, you can also consider investing in property! Leave your details below and we’ll have a professional help you with your property investment journey.<\/strong><\/span><\/p>\n\n\n\n

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