KUALA LUMPUR, March 28 ― Permodalan Nasional Bhd’s (PNB) wholly owned unit trust management company Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of...
Home minister cites 3.5 million foreigners as reason to stop automatic citizenship for permanent residents’ kids, insists won’t make them statelessAccording to PNB, ASB 2 recorded a net realised income of RM659.95 million as of March 25, 2024, while ASM recorded RM1.42 billion net realised income. — Picture by Azneal IshakKUALA LUMPUR, March 28 ― Permodalan Nasional Bhd’s wholly owned unit trust management company Amanah Saham Nasional Bhd has declared an income distribution of 5.
The fund manager has also declared a 4.75 sen per unit income distribution worth RM1.33 billion for Amanah Saham Malaysia for the financial year ending March 31, 2024, benefiting 699,807 unitholders.According to PNB, ASB 2 recorded a net realised income of RM659.95 million as of March 25, 2024, while ASM recorded RM1.42 billion net realised income.
“The funds are also reaping the rewards of diversification into other asset classes such as real estate and private investment, with a greater emphasis on fixed income which provides stable recurring income to the funds,” it said.PNB said the distributions of ASB 2 and ASM translate to total returns of 5.25 per cent and 4.75 per cent respectively, both outperforming the benchmark of Maybank’s 12-month fixed deposit at 2.84 per cent by 241 basis points for ASB 2 and 191 basis points for ASM.
“The distribution declared by these funds will be automatically reinvested into unitholders’ accounts on April 1, 2024,” it said.
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