Wednesday, August 5, 2009

Amanah Saham 1Malaysia

To celebrate our Prime Minister Datuk Seri Tun Najib 100 days of leadership, Amanah Saham 1Malaysia was launched today. It's the biggest trust fund offered by PNB up to date, which is 10 billion units.

The opening for subscription is open from 5-Aug until 3-Sept, a period of 30 days. The minimum initial investment for AS 1Malaysia is 100 units. The interest as announced by PNB is around 3.7-4.0 percent, which is benchmark according to 5 year Malaysian goverment yields.

The allocation of the fund: 50% for Bumiputeras, 30% for chinese, 15% for Indians, and the remaining 5% for the minorities.

The maximum investment limit per account holder is 50 000 units for those age between 18 to 55. However, for those above the age 55, the maximum investment limit is 100 000 units.

2 comments:

Applely said...

Have you bought any???

I've been there this morning .. hahah .. I've got a Yellow Passbook.

Wonder what is najib thinking, 1 malaysia isn't means all citizen are equal among each other? Why there is still 50% Quota for Bumi???? Should be open to all .. >_<"

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