STATEMENT OF DISCLAIMER
The details contained in the website are solely on the basis of information only and does not constitute a recommendation to invest in ASSAR Fund (“the Fund”).

INVESTORS SHOULD RELY ON THEIR OWN EVALUATION TO ASSESS THE MERITS AND RISKS OF THE INVESTMENT. IF INVESTORS ARE UNABLE TO MAKE THEIR OWN EVALUATION, THEY ARE ADVISED TO CONSULT PROFESSIONAL ADVISERS.

Investors are advised to read and understand the contents of the Prospectus/ Supplemental Prospectus and Product Highlight Sheet before investing.

A copy of the Fund’s Prospectus featured in this website has been registered by and lodged with the Securities Commission Malaysia who takes no responsibility for the contents in the Prospectus.

The unit price and distribution payable, if any, may go down as well as up. The price per Unit is, during the Guaranteed Period, priced at a minimum of RM1.00 by virtue of the Guarantee. There are fees and charges involved and investors are advised to consider the fees and charges before investing in the Fund. Past performance of the Fund is not an indication of its future performance.

The hardcopy of the Prospectus/Supplemental Prospectus (if any) and Product Highlight Sheet can be obtained from ASSAR’s office. Should you have any further enquiries, please do not hesitate to contact us through our General Line at 082-231433 or our toll-free line at 1-800-888-4567.

The posted Prospectus and Product Highlight Sheet along with the contents of this site is under the responsibility of the Head of Operations, Amanah Saham Sarawak Berhad.

  • I confirmed that I have read and understood the statement and important information as prescribed above.

Information on the Fund ("ASSAR")

ASSAR is an open-ended income fund issued and distributed by Amanah Saham Sarawak Berhad. Categorised as a fixed income fund, ASSAR seeks to provide investors with regular income over the medium to long-term investment horizon. A key feature of ASSAR is the Repurchase Price of a Unit is guaranteed not to fall below RM1.00 during Guaranteed Period.

Generally, ASSAR is suitable for investors who are seeking a certain level of capital protection or guarantee and a diversified investment portfolio comprising a minimum of 70% of its NAV in fixed income instruments, money market instruments and/or deposits, and a maximum of 30% of its NAV in equities.

An eligible applicant is: -

Depending on the level of net income ASSAR generates, ASSAR will provide distribution at least once every Financial Year.

Fund Info

Launch Date

25 August 1993

Launch Price (MYR)

1.000

Fund Size (MYR)

539.23 million

Total Unit in Circulation

489.45 million

Pricing Basis

Forward Pricing

Historical Income Distribution

Yes

Shariah/Conventional

Conventional

Minimum Initial Investment (Units)

10

Subsequent Investment (Units)

10

Minimum Holding (Units)

10

Fund Charges

Annual Management Fee (%)

The Manager is entitled to charge an annual management fee based on 1.5% of the true NAV of the Fund, calculated on a daily basis

Trustee Fee (%)

The Trustee is entitled to charge an annual trustee fee based on 0.06% of the Fund,calculated on a daily basis

Management Expense Ratio (%)

0.55

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