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Investment Opportunity in Amanah Hartanah Bumiputera (AHB)

30th November, 2010

in Unit Trust

As highlighted during 2011 Budget, Prime Minister of Malaysia recently launched Amanah Hartanah Bumiputera (AHB) investment fund. AHB is managed by Pelaburan Hartanah Bhd (PHB) and has the fund size of 1 billion units. The fund size will be increased by another 500 million units next year.

AHB is a syariah compliant unit trust scheme and it would enable Bumiputera investors to own real estate assets with a minimum investment of RM500 and maximum of RM200,000.

Subsequently, additional investment can be done in multiple of RM100. For withdrawal, investors are allowed to do it once a month with minimum amount of RM500. Minimum account balance is RM500.

It is open to Bumiputera above three months of age, with investors below the age of 18 requiring a Malaysian legal guardian signatory.

The unit trust is a fixed price fund and will be sold at RM1 a unit. Bumiputera who are interested to participate in the scheme can go to Maybank branches nationwide to buy the AHB units.

The fund’s returns should be similar to that of Grade A buildings in the Golden Triangle, which would be not less than 6%. The company’s financial year ends on Sept 30, 2011, and the income distribution will be done twice a year.

The fund’s underlying assets are CP Tower in Petaling Jaya, 26 Boulevard in Putrajaya, Wisma Consplant in Subang Jaya, Tesco Setia Alam and Industrial Complex in Shah Alam.

PHB has seven completed assets in its portfolio. The two buildings not injected into the fund are Menara Bumiputra Commerce in Jalan Raja Laut, Kuala Lumpur and PHB’s head office, Peremba Square, in Saujana Resort.

AHB would focus on investments in beneficial ownership of real estate which provide stable income and yield-accretive real estate.

More details on AHB are available in Maybank website.

Read FAQ by PHB

{ 16 comments… read them below or add one }

sharinginfoz November 30, 2010 at 3:31 pm

for the low risk type of investor and need regular income, it is a good instrument in my view

Reply

blogger December 1, 2010 at 4:48 pm

Already invest this morning

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Syamri December 2, 2010 at 8:33 am

invested, they give me an account no. only… there is no certificate, account book nor an account card… weird though…

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blogger December 15, 2010 at 6:59 pm

but it will give statement semi-annual

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Fazlin has December 10, 2010 at 2:22 pm

invested already. long term investment,property worth based, preserved capital shud there’s anything.. what’s there to lose? Do not judge the initial dividend interest, there’s a chance for it to reach sky limit.. will promo to friends n family..good opportunity besides ASB..

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naufal January 6, 2011 at 9:21 am

yup … I agreed. I also interested to invest in this kind of investment …. I think I can diversify my portfolio management …. alhamdulillah ….

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Doclet January 16, 2011 at 12:15 am

Dia bg statement 2 Kali stahun ek? Aku da invest and staff MBB kata AHB Akan bg but xtau biler…confuse n feel insecure…

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1-million-dollar-blog January 16, 2011 at 12:53 am

Doclet,

Don’t worry. you will get the statement 2 times a year. Keep you deposit slip as a prove in case anything happen.

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Gaman January 20, 2011 at 3:05 pm

Do you need to have a saving account with Maybank before investing in AHB?

Reply

1-million-dollar-blog January 20, 2011 at 3:11 pm

Gaman,

Saving account is not a requirement to open AHB account.

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janggut666 January 24, 2011 at 7:48 pm

saving account is required..because the dividend will be credited thru’ it..

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nyeut ak napi January 24, 2011 at 2:06 pm

apply

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1-million-dollar-blog January 25, 2011 at 12:24 am

Yes dividend will be pay to bank account but I think the account not necessary to be from Maybank.

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asm February 28, 2011 at 3:47 pm

True, Not necessarily MBB a/c, other bank a/c will do

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addict January 4, 2012 at 4:11 pm

Anyone know the exact date that when the fund size will be increased by another 500 million units?

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1-million-dollar-blog January 4, 2012 at 6:14 pm

Previously, planned for 2011 but still not done yet.

Reply

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