PNB clears the air on Amanah Saham 1Malaysia


KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has clarified a few misconceptions on its new product, Amanah Saham 1Malaysia (AS1M), in terms of distribution method, direct fees and charges, and performance benchmark.

AS1M is a 10 billion-unit fixed price fund of RM1 per unit that was launched in August for all Malaysian individuals with a minimum initial investment of 100 units.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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