Amanah Saham Nasional Berhad (ASNB), the wholly-owned unit trust company of Permodalan Nasional Berhad (PNB), today announced the total income distribution for its fixed price fund, Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan) for the financial year ending 31 August 2023.
ASM 2 declares income distribution of RM1.04 billion
In a press statement, ASM 2 Wawasan declared a total income distribution payout of RM1.04 billion benefitting 914,008 unit holders. The distribution of ASM 2 Wawasan translates to total returns of 4.50%, outperforming its benchmark Maybank 12-Month Fixed Deposit at 2.89% by 161 basis points.
As of 29 August 2023, the fund earned a total gross income of RM1.08 billion and recorded a net realised income of RM810.23 million. The income for ASM 2 Wawasan is derived from capital gains, dividend income, as well as other income from domestic and international investments.
Income from equities remains a major contributor as international and domestic
investment contributed 29.2% and 55.7% respectively to the fund’s gross income.
The fund has also benefitted from the diversification of the portfolios into other asset classes, particularly Real Estate and Private Equity which represent 10% of the total NAV.
The computation of income distribution for ASM 2 Wawasan is based on the average minimum monthly balance held throughout the financial year of the fund.
The distribution declared by ASM 2 Wawasan will be automatically re-invested as additional units into unit holders’ accounts on 1 September 2023.
“Transactions for ASM 2 Wawasan at ASNB branches and agents including all online channels and internet banking have been temporarily suspended from 29 to 31 August 2023.
Unit holders may resume transactions at myASNB portal (www.myasnb.com.my), via myASNB mobile application or at any ASNB branches or its agents nationwide starting 1 September 2023,” it wrote in a statement.