My Investments With ASM And ASW 2020

Are you investing in Amanah Saham Malaysia (ASM) and Amanah Saham Wawasan 2020 (ASW 2020)?

3.33 billion units are up for grabs for ASM starting April 21st (which was yesterday) and 2 billion units for ASW 2020 starting April 27th. However, each account holder is limited to only 20,000 units for both ASM and ASW 2020 respectively whether it's for additional or new subscription.

I have bought units from both ASM and ASW 2020 and I think they are pretty good investments to fight inflation!

I bought ASW 2020 units back in 1996 just before the financial crisis in 1997.

Here's the dividend paid out at the end of August every year thereafter.

Year Dividend
1997 - 10.10%
1998 - 9.80%
1999 - 8.20% + 2.00%* = 10.20%
2000 - 8.80%
2001 - 7.25%
2002 - 7.25%
2003 - 6.60%
2004 - 7.00%
2005 - 7.10%
2006 - 6.80%
2007 - 7.00% + 1.00%* = 8.00%
2008 - 7.00%

*Special additional dividends

I still remember a close relative of mine bought 100,000 units at RM1 per unit back in 1996. (50,000 units for himself and 50,000 units for his wife). When they received the dividend payout of a little over RM10,000 (it's 10.10% returns in 1997), they spent the entire amount for a holiday in USA. It's like a completely free holiday to them!

I bought ASM units in year 2000, and here's the dividend paid out at the end of March every year thereafter.

Year Dividend
2001 - 7.80%
2002 - 7.00%
2003 - 6.60%
2004 - 7.00%
2005 - 7.20%
2006 - 6.75%
2007 - 6.80%
2008 - 7.80%

What do you think? Are these good investments or not?

If you have lots of money kept in the fixed deposit or savings accounts in the bank, it may be a wise move to take those money out and transfer into these higher yielding unit trust funds!

I wish I can buy more units but unfortunately, I do not have enough extra cash at the moment for investment! How sad!

Well, don't be like me! If you have the money, grab this opportunity and invest your hard earned money!

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