Newbie to ASM & ASW?

Just to share a bit more about Amanah Saham Malaysia & Amanah Saham Wawasan as some of you might be asking what is this all about.

ASM is a fund launched by PNB on year 2000 while ASW was launched back in 1996 when Dr. Mahathir first conceptualised the Wawasan 2020 vision. So far, both the funds performance has been very consistent and profitable.

To purchase the fund, you can walk in to any of the following banks:
i) Maybank
ii) RHB
iii) CIMB
iv) Post Offices

Just prepare at least RM 100 if you are opening a new account. Each unit cost RM 1. The past dividend payouts for ASM are listed as below:

ASM : 2006 - 6.75% 2007 - 6.80% 2008 - 7.80% 2009 - 6.25%
ASW: 2006 - 6.80% 2007 - 8.00% 2008 - 7.00%

ASM announces its dividend on 31st March every year while ASW announces on 31st August.