KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 4.25 sen per unit for its fixed price fund Amanah Saham Bumiputera 3 (ASB 3 Didik) and two sen per unit for its variable price fund, ASN Equity 2, for the financial year ending June 30, 2020.
The total payout of RM275.4 million for ASB 3 Didik will benefit 298,560 unit holders who hold over 6.5 billion units, while the total payout of RM29.4 million for ASN Equity 2 will benefit 33,277 unit holders who hold over 1.4 billion units.
Permodalan Nasional Bhd (PNB), which owns the unit trust company, said the return of 4.25 sen per unit for ASB 3 Didik exceeded the benchmark Maybank 12-Month Fixed Deposit return of 2.10 per cent by 215 basis points (bps).
“As at May 31,2020, ASB 3 Didik recorded a net realised income of RM251.4 million,“ it said in a statement today.
It said the income distribution for ASN Equity 2 amounted to a dividend yield of 4.04 per cent based on the net asset value of the fund as at June 25, and that as at May 31, 2020, the fund recorded a net realised income of RM34.6 million.
According to PNB, the income distribution declared by the two funds were derived from their realised gains, dividends and other income.
“This is in accordance with PNB’s objective to continue delivering sustainable long-term returns to its unit holders,“ it said.
It added that the distribution declared by both funds would be re-invested as additional units and automatically credited into the accounts of unit holders on July 1, 2020. -Bernama