To invest in ASB (Amanah Saham Bumiputera), you typically begin by registering an account in person and can then manage subsequent investments conveniently online.
Getting Started with ASB Investments
Investing in ASB is a straightforward process, designed to be accessible for eligible Malaysians. You can start with a very low initial capital, making it an ideal entry point for many first-time investors.
Initial Account Registration (First-Time Investors)
For your very first ASB investment, you are required to open an account in person. This ensures proper verification and setup of your investment portfolio.
- Visit an ASNB Branch or Agent: Head to any ASNB branch or an authorized ASNB agent. These agents typically include major banks across Malaysia.
- Required Documents: Bring your MyKad (NRIC) for identity verification. It's always good practice to have any other supporting documents readily available, though usually, your MyKad is sufficient.
- Minimum Investment: You only need a minimum of RM10 to start investing with ASB. This low entry barrier makes ASB accessible to a wide range of investors.
Once your account is successfully registered, you will be able to make future investments and manage your ASB units more flexibly.
Subsequent Investments (Online Top-Ups)
After your initial account registration, topping up your ASB investment becomes incredibly convenient, as you can perform these transactions entirely online. This eliminates the need for repeated physical visits, saving you time and effort.
You can make subsequent investments through your bank's online banking platform or mobile app. Here are some of the popular platforms that facilitate ASB top-ups:
- Maybank2u / MAE
- CIMB Clicks
- AffinOnline
- RHBnow
- HLB Connect (Hong Leong Bank)
- Other participating banks' online portals
Steps for Online Investment:
- Log in to your preferred bank's online banking portal or mobile application.
- Navigate to the "Investment" or "Unit Trust" section.
- Select "ASNB" or "Amanah Saham Nasional Berhad".
- Choose the ASB fund you wish to invest in.
- Enter the investment amount.
- Confirm the transaction details.
- Authorize the payment, often via a TAC (Transaction Authorisation Code) or biometric verification.
Upon successful completion, the invested amount will be deducted from your bank account, and the corresponding ASB units will be reflected in your ASB account, usually within the same business day or the next.
Summary of ASB Investment Methods
| Method | Description | Convenience |
|---|---|---|
| Initial Registration | Physically visit an ASNB branch or authorized ASNB agent (e.g., major banks). Requires MyKad and a minimum of RM10. | Low (requires physical presence) |
| Subsequent Top-ups | Online via various bank online banking platforms and mobile apps (e.g., Maybank2u, CIMB Clicks, AffinOnline, RHBnow, HLB Connect). | High (accessible anytime, anywhere with internet) |
Why Invest in ASB?
ASB is a popular choice among Bumiputera investors in Malaysia due to several key factors:
- Consistent Returns: ASB has a history of providing stable and competitive annual dividends.
- Low Risk: As a fixed-price unit trust fund, the unit price remains at RM1.00, meaning there's no capital loss from price fluctuations.
- Liquidity: Investors can easily redeem their investments when needed, though there might be daily withdrawal limits.
- Government-Backed: Managed by Amanah Saham Nasional Berhad (ASNB), a wholly-owned subsidiary of Permodalan Nasional Berhad (PNB), providing a high level of trust and security.
For more detailed information and the latest updates, always refer to the official ASNB website or consult with an ASNB representative.
