Amanah Saham 1Malaysia | AS 1Malaysia

Amanah Saham 1Malaysia | AS 1Malaysia

Details about the Amanah Saham 1Malaysia | AS 1Malaysia are provided this August 2009 as a matter of information.

This fund works like a bond even as it invests in equities in Malaysia. The fund price is fixed at RM$1.00 per unit. Limitations to investing in this Amanah Saham 1Malaysia | AS 1Malaysia apply.

AMANAH SAHAM 1MALAYSIA (AS 1MALAYSIA) is an income type of fund, launched on August 5, 2009. The Amanah Saham 1Malaysia | AS 1Malaysia Fund seeks to provide regular and consistent income stream whilst preserving the unitholders’ investment capital over a long term horizon through a diversified portfolio of investment.

To be eligible, investors must be Malaysians age 18 years and above or Others as specified by the Deed.

Investment Manager of Amanah Saham 1Malaysia | AS 1Malaysia is Permodalan Nasional Berhad.

Amanah Saham 1Malaysia | AS 1Malaysia TRANSACTION INFORMATION
Price per Unit = RM 1.00
Form of Investment = Investment book
Minimum Initial Investment = Investment book - 100 units
Minimum Additional Investment = Investment book - 1 unit
Maximum Investment = Unlimited, subject to availability of units of the Fund.

However, during the initial offer period the limit is 50,000 units per unitholder. Also, for those aged 55 years old and above during the offer period the limit is 100,000 units per unitholder. The Manager of Amanah Saham 1Malaysia | AS 1Malaysia has the discretion to impose to any individual limit during the initial offer period or any other period determined by the Manager.

Fund Size = 10.0 billion units
Sales Charge = None. However, the Manager has the discretion to charge up to 1% of the amount invested after the initial offer period.
Redemption Charge = None
Payment of Redemption = On-the-spot.
Cooling-off Period = None
Financial Year End = 30 September

Expected returns of Amanah Saham 1Malaysia } AS 1Malaysia is unknown, although based on a previous fund called Amanah Saham Malaysia launched in 2000, the returns is expected to be much better than fixed deposit rates.

Previous returns of Amanah Saham Malaysia based on Year End 31 March:
Net Distribution per unit (sen)
2007= 6.80
2008= 7.80
2009= 6.25

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