1. What are the salient terms of the loan?

The loan is offered at a fixed amount of RM5,000 per household for purchase of 5,000 Amanah Saham 1Malaysia (AS 1Malaysia)I units. The unique feature of the Scheme allows participants to repay only the minimum amount over 60 monthly installments. The loan tenure is 5 years.

2. Is early settlement allowed?

Early settlement of the loan is not allowed. However, prepayments by participants are allowed.

3. What happens if a participant of this Scheme is not able to pay his monthly payment?

A participant who misses three consecutive monthly payments will be disqualified from the Scheme programme. Participants would only receive AS 1Malaysia units equivalent to the amount that had been paid plus the entitled incentive payments.

4. What happens if a participant dies during the programme?

The deceased participant will be automatically disqualified from the Scheme. The beneficiary of the estate of the deceased participant may claim the AS 1Malaysia units of the deceased, equivalent to the amount of monthly payments paid. Participation in the Scheme is not transferable.

5. What happens at the end of the loan period?

Participants would receive AS 1Malaysia units equivalent to the amount of monthly payments paid during the tenure of the loan plus the accumulated monthly incentives, should the incentives are not withdrawn from participant’s account. Participants may retain and increase their personal investment in AS 1Malaysia (subject to fund allocation).