Amanah Saham Malaysia 3 (ASM3) Returns in Year 2021 - 4% return (only) but ok 👍 higher than fixed deposits
Similar to ASM 2 Wawasan , Amanah Saham Malaysia 3 (ASM3) just announced a 4% return on their funds.
The returns is similar to year 2020's returns.
Amanah Saham Malaysia 3 (ASM3) is one of the fixed priced funds issued by ASNB (Amanah Nasional National Berhad) that non bumiputra can purchase, its demand is still very strong and almost always get filled up once someone sells it. This fund can be purchased online via ASNB's online portal (myASB) or Maybank2U, however, need to retry a few times (many times) before successfully purchasing the units. The units of the fund (ASM 3) can only be purchased if someone else is also selling their units.
ASB fixed priced funds are bought and sold at the same price regardless of market conditions, it's returns in previous years have been above 5% but have since seeing historical low returns.
ASB do have their standard variable price funds whereby the fund valuation is based on the end day NAV (Net Asset Value) of the fund. ASM3 funds are fixed at RM1 per unit, the price be kept the same but the only variable is the yearly dividends which will differ. For now, the returns of 4% is better than bank fixed deposits as therefore it is still an attractive investment.
📍Links
https://www.facebook.com/ASNBmy
Referral
ASB RIA is running a new user referral promotion. Sign up using my MyASB referral code XQBOXK, and we will both receive RM10 as a reward.
Please note that the RIA robo-advisor is integrated within the MyASB app (Amanah Saham Berhad's mobile app) and is not a separate RIA app. I believe scammers will eventually create fake RIA apps in app stores to trick people.
You can download the MyASB app from these links :
📍Links