How good is Amanah Saham Bumiputera’s (ASB) performance for the past 16 year’s record? Is it a good return unit trust investment for Malaysian Bumiputera? Based on Farawahida’s finding, the fund has performed well with minimum return of 8.55% (2006) and the highest return of 13.50% (1993-1995).
- 1993: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
- 1994: Dividend = 9.00% , Bonus = 4.50% , Total = 13.50%
- 1995: Dividend = 10.00% , Bonus = 3.00% , Total = 13.50%
- 1996: Dividend = 10.25% , Bonus = 3.00% , Total = 13.25%
- 1997: Dividend = 10.25% , Bonus = 1.25% , Total = 11.50%
- 1998: Dividend = 8.00% , Bonus = 2.50% , Total = 10.50%
- 1999: Dividend = 10.50% , Bonus = 1.50% , Total = 12.00%
- 2000: Dividend = 9.75% , Bonus = 2.00% , Total = 11.75%
- 2001: Dividend = 7.00% , Bonus = 3.00% , Total = 10.00%
- 2002: Dividend = 7.00% , Bonus = 2.00% , Total = 9.00%
- 2003: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
- 2004: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
- 2005: Dividend = 7.25% , Bonus = 2.00% , Total = 9.25%
- 2006: Dividend = 7.30% , Bonus = 1.25% , Total = 8.55%
- 2007: Dividend = 8.00% , Bonus = 1.00% , Total = 9.00%
- 2008: Dividend = 7.00% , Bonus = 1.75% , Total = 8.75%
Become a Millionaire within 25 Years
Don’t know what to do with your spare cash? Invest RM100,000 in ASB. If the fund is performing consistently with average return of 10% for another 25 years, your initial investment of RM100K will be growing to a million. Interesting?
But, the question is: Where to get the extra money of RM100K? Some of you might have your own ways. For those still have no idea, perhaps you might interested to know about ASB Loan, which will be covered in my next topic.
Basically, ASB Loan is a custom designed financing package offered by local banks for Amanah Saham Bumiputera investors who wish to grow their wealth faster. Stay tuned.
{ 5 comments… read them below or add one }
Sadly, this is focused for bumiputras.
Useless for everyone else.
The “others” in the country needs to find different ways to save their hard earned cash because, they are considered ‘different’ in the goverment’s eyes.
Anonymous,
You could invest in other PNB trust funds open for all, such as AS1Malaysia and ASWawasan..
Hi 2bz4money,
True. Although many have deliberately avoided 1Malaysia as it has no capital protection and offers low projected returns.
The 1Malaysia funds shows a starking contrast with ASB. I have difficulty to find grounds on why it shouldn’t be the same. But, I leave this to the public’s interpretation.
what about saving investment such as unit trust? its better return than asb.. public bank unit trust is good.. unfortunately, its full i guess..
nice sharing….thanks….informative…