What is ASB ?
Amanah Saham Bumiputera (ASB) is a premier unit trust investment to enhance the wealth of the Malaysian Bumiputera. The fund objective is to generate long-term, consistent and competitive returns to the Unitholders whilst ensuring the preservation of capital at minimal risk tolerance level. Due to high demand for Bumiputera to invest in this scheme, many banks has now offers an ASB loan for their customer.
ASB is an income equity fund with a fixed price per unit at RM1.00. The maximum investment for each adult eligible individual is limited to RM200,000. Since launched in 1990, ASB is one of the best performing fund under PNB management. The table below is the historical dividend rate since the fund was launched in 1990.
Year Dividend Bonus Total
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Which Bank offer ASB Loan/Financing ?
The bank that offer ASB Loan/financing as follows :
- RHB Bank
- CIMB Bank
Each product of these bank has different features etc, kindly ensure you have read all of them before making any decision.