Amanah Saham Wawasan 2020 : ASW 2020
Included in the long list of Permodalan Nasional Berhad’s (PNB) long list of unit trust products is the Amanah Saham Wawasan 2020, or simply ASW 2020.
Amanah Saham Wawasan 2020. I mean, how cool does that sound! Vision 2020 Unit Trust. Sounds so…. out of the ordinary huh?
What’s next? The Terminator 2050 Fund. Investment strategy, to invest in all companies related with uranium, especially in those specialising in nuclear warheads? Haha. That would be something huh?
Anyway, back to ASW 2020, this is another fund that offers the capital guarantee feature. Considering the low-risk nature, the returns from this fund is not so bad. However, I’m sure all of you would agree that if you’re a Bumiputera, ASB is at the top of your priority list.
Below are some of the features of ASW 2020:
Characteristics
- Categorised as an equity fund for investors looking for income.
- Capital guaranteed with buying and selling price of units fixed at RM1.00 per unit.
- The fund invests 95% of its value in equities and another 5% in other capital market instruments and liquid assets. Examples are stocks, debentures, units of unit trust fund, deposits at call with financial institutions, bankers’ acceptances, negotiable certificate of deposits.
- The strategy employed by the fund managers are such that it will preserve the capital of the fund for the long term.
- The fund’s financial year end is on August 31 of every year.
- Salary deductions and standing instructions can be incorporated with ASW 2020.
Participation
- Suitable for investors with a low-risk profile.
- 51% of the fund is reserved for the Malaysian Bumiputera while the other 49% for non-Bumiputera.
- Participation is subject to availability of units.
Investment Amounts
- Minimum initial investment is 100 units (RM100) for investment books, 1000 units (RM1000) for certificates, and RM1000 for EPF.
- Additional investments are 1 unit for investment books and 1,000 units for certificate and EPF respectively.
- There is no maximum investment for ASW 2020, as long as there are still units available.
- To sell the units, you need to at least maintain a minimum balance of 100 units for investment books (or else, you may be asked to sell all of your units). For certificates on the other hand, you may sell units in multiples of 1,000 units.
- Units may be redeemed (sold) at any time and money will be given on on-the-spot basis. For EPF members on the other hand, the amount is paid back to EPF.
Charges, Fees, and Expenses
- No sales charges are charged but there is a low service charge for investments made through the EPF Members’ Investment Scheme. The charges are calculated based on the average net value of the fund, calculated on monthly basis X 0.25% X 1/12, which will be deducted from the income distribution, if any, at the end of financial year.
- No exit fees (Repurchase charge) as well.
- Fees & Expenses. Annual management fees of up to a maximum of 1% p.a. of the value of the fund which will be calculated and accrued daily, as may be agreed with the relevant parties. Trustee fees stand at RM500,000. There are also other fees such as the audit fees, custodian fees, cost of distribution of annual reports, distribution expenses, distribution statement and notices to unitholders.
Expected Returns
- Income distributed will be recorded as additional units in your ASW 2020 account.
- The distribution of income and the rate of return is at the discretion of the fund.
- Annualised average total return of ASW 2020:
1-year: 6.80 sen per unit.
3-year: 6.97 sen per unit.
5-year: 6.95 sen per unit
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
Go to HOME
Go to SITEMAP
Go to DISCLAIMER
Other related posts:
- Why Everyone Should be Wealthy
- Why Not Everyone Can be Wealthy
- What is Financial Freedom
- Journey Towards Financial Freedom: Food for Thought
- Fund’s Strong Performance
19 Responses to “Amanah Saham Wawasan 2020 : ASW 2020”
Leave a Reply
My grand daughter is 4 months old. I want to open up an account for her with PNB. What type of account would you advise? Thank you.
I am retiring next year. I thought of putting my EPF money in ASB to reap better dividend and bonus. What is your maximum investment allowed? Do you have a beneficiary (Penama) form?
Hi there.
With regards to your granddaughter, it is really up to you. However, history has stated that ASB has been the top performer.
Maximum allowed for ASB is RM200,000. With regards to the beneficiary form, you might want to go to one of PNB’s offices and ask them yourself because I am not so sure.
Please take note that I am not related to PNB nor am I a licensed financial adviser. So, your best bet would be to ask PNB directly on what you should do.
MasyaAllah.
Am I not in PNB website?
Hahaha :)
Actually, no you’re not. This is my personal weblog (blog) about my journey towards financial freedom. I post entries on anything related to achieving that goal, on top of reviews of certain financial products available out there.
hi!
i have 6 month old baby, plan to open account for him. which one is better, amanah saham wawasan or amanah saham didik?
Hi Ila!
Based on historical performance, ASB yields the highest return. One step down is Amanah Saham Didik (ASD). Then Amanah Saham Wawasan (ASW 2020). Of course, I’m only talking about the fixed price ones.
Also, bear in mind that historical performance is not an indicator to what’s going to happen in the future.
Anyway, remember to do more research and homework on things like these :)
DISCLAIMER
any information of bonus wawasan 2020 please send email for me thanks.
Information of bonus? I’m not too sure as to what you are asking here.
how much bonus can get for 2008,n when can i buy asw2020 again?
Hi Pauline,
I’m afraid you need to source that information direct from PNB.
Salam, ASW dividen tahun 2008 is 7% which is less than last year.
Sedih sikitlah……
Itu lah. Tapi at least positive return. Unit trust semua habis jatuh merudum.
I would like to buy wawasan 2020 and i would like to know whether it is open.Thanks
I’m afraid I don’t have any info on that. Please refer to PNB directly.
Or perhaps, do anybody else know the answer?
hi! nadlique
here da answer 4 kok fook lian…
4 info, there r 2 categories for ASW 2020. For Bumiputera, da location fund is 51% n Non-Bumiputera is 49%. At moment, fund for non-bumi is fully subscribed. Here da tips.. (just try ur luck ma…) If u r existing investor, go to any ASNB agent’s bank (RHB, Maybank, CIMB or any post-office) or directly to ASNB counter itself at PNB Building, Jalan Tun Razak, KL opposite to Tabung Haji Building, bring ur passbook n ask whether there r any available unit for u to subscribe/buy… Maybe tat day is ur lucky day… who knoe, rite?? so gud luck to u!!
p/s : actually, it works to my customer ;-))
hi! nadlique
me again… Nad (can i call u Nad??) Actually, minimum age to invest in ASW 2020 is 6 months n above. For ASB, the minimum age is 12 years old n above.
Please confirm, is ASW 2020 is available for Bumi children in any amount? My bank told me maximum invetsment is RM50k.
Can children also hold ASB units?
I would to know for a greenhorn like me want to invest in wawasan 2020 but I dont know how ?
2. Everytime I got the news is in newspapers and always others are ahead of me . I feel I am too slow in the race ofr catching up with others . What instrument to check out ahead of others . thanks