Main Feature

AmStable Income FRNID is a highly innovative four-year structured deposit that provides returns linked to the outperformance of a rule based systematic commodity index over the Dow Jones UBS Commodity Index. This outperformance strategy aims to deliver stable and positive returns by capitalising on the inefficiency in commodities market.

Benefits

• A unique strategy that aims to perform in both Bull and Bear markets
• High Upfront Guaranteed return of 4.28%
• Potentially annual coupons of 4.28% and unlimited bonus payment at maturity
• Good past performances
• 100% Principal Guaranteed upon maturity
• No entry, exit or management fees

Investment Guidelines

AmStable Income FRNID is a Floating Rate Negotiable Instruments of Deposit (FRNID), as per the Bank Negara Malaysia Guidelines on Negotiable Instruments of Deposit (2006).

Investments in FRNID is minimum RM 70,000 and additional investment thereon is in multiples of RM 10,000.

AmBank Group will provide investors with indicative daily redemption price for this product. Redemption before maturity is subject to prevailing market conditions.

WARNING: THIS PRODUCT IS PRINCIPAL GUARANTEED BY THE ISSUING BANK UPON MATURITY ONLY. IF THE PRODUCT IS REDEEMED OR SOLD PRIOR TO MATURITY, THE CUSTOMER MAY LOSE PART OF THE INITIAL DEPOSIT. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.

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