PNB reveals secret of how it makes money to pay high dividends

The meeting where the world class fund revealed for the first time the secrets on how it is able to make the money to give out the big dividends it has been giving out for years. (PNB president and group CEO Datuk Abdul Rahman Ahmad (right) speaking as PNB group chairman Tan Sri Abdul Wahid Omar looks on during the media briefing on PNB Strategic Plan 2017 - 2022 at Grand Hyatt Hotel yesterday. IZZRAFIQ ALIAS / The Star. November 24, 2016)

PETALING JAYA: Permodalan Nasional Bhd (PNB) hardly opens up to the media, especially when it comes to matters pertaining to its investment strategies.

But when it decided to open the doors and let out the secret on how the country’s largest unit trust has been able to return a dividend of at least 6% irrespective of the performance of the markets, PNB did it in style.