| Type | Berhad / corporation |
|---|---|
| Industry | fund management |
| Founded | 17 March 1978 |
| Headquarters | Menara PNB Jalan Tun Razak Kuala Lumpur, Malaysia |
| Employees |
600 products = fund management |
| Website | PNB website |
Permodalan Nasional Berhad (PNB) is Malaysia's biggest fund management company. The main headquarters is located at Jalan Tun Razak, Kuala Lumpur near Tabung Haji building. PNB is the parent company for Amanah Saham Nasional Berhad (ASNB) which operates a number of unit trust schemes, and is a wholly owned subsidiary of Yayasan Pelaburan Bumiputra. The company has foreign offices in Singapore, London and Tokyo[1].
The company was founded on 17 March 1978.
Amanah Saham Nasional (ASN) is the first unit trust schemes. It was launched on 20 April 1981 by the third Malaysian Prime Minister, Tun Hussein Onn.
Launched in 1981
Launched 1999
Launched in 2001
Amanah Saham Bumiputera (ASB) is the second unit trust schemes. It was launched on 2 January 1990. Unit trusts in Malaysia are like mutual funds in the United States. ASB is only open to Bumiputeras, which roughly means the native peoples of Malaysia and therefore excludes historical immigrant groups such as Chinese and Indians. ASB has an input limit of RM 200,000, meaning that one can only invest new money up to that point. There is, however, no upper limit on the value of an account, so capital gains which are retained in the account are allowed to cause it to exceed RM 200,000. Capital gains in ASB accounts are not subject to taxes. Dividends are paid each year and put back into the account so that compounding is achieved.
Amanah Saham Wawasan 2020 (ASW 2020) is the third unit trust schemes. It was launched on 28 August 1996.
Amanah Saham Didik (ASD) is the fourth unit trust schemes was launched on 20 April 2001.
Amanah Saham Malaysia (ASM) was launched on 20 April 2000 with a fund size of two billion units which was fully subscribed in 21 days. On July 18, 2007, PNB is offering 500 million new units.
Amanah Saham Gemilang (ASG) was launched in 2003
Amanah Saham 1Malaysia was launched on 31 July 2009 by sixth Malaysian Prime Minister, Najib Tun Razak with a fund size of 10 Billion. AS1M is open to all Malaysian citizen with a quota of 50% for Bumiputera, 30% Chinese, 15% Indian and 5% others. AS1M has no upper limit on the value of an account, so capital gains which are retained in the account are allowed. Capital gains in AS1M accounts are not subject to taxes until 2019. Dividends are paid each year and put back into the account so that compounding is achieved.
The Minggu Saham Amanah Malaysia (MSAM) or Malaysian Unit Trust Week is an annual event organized by PNB.