KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) has announced a total income distribution of RM593.04mil or four sen per unit to the holders of 14.83 billion units of fixed price fund Amanah Saham Malaysia 3 (ASM3).
The payout to 525,038 unit holders comes on the back of a net realised income of RM653.27mil for the financial year ended Sept 30, 2021, a 17.87% increase from the previous year.
"The return of four sen per unit remains competitive and exceeds the benchmark Maybank 12-Month Fixed Deposit return of 1.85% by 215 basis points (bps) for the financial year ending 30 September 2021," said ASNB in a statement.
Meanwhile, the unit trust manager will be paying out an additional RM57.68mil to unit holders of variable price funds ASN Equity 5 and ASN Sara (mixed asset conservative) 2 for the same financial year.
The unit holders of ASN Equity 5 will receive a total income distribution of RM9.8mil, representing a payout of 2.85 sen per unit, to 11,202 unitholders with 343.8 million units.
ASNB will also pay RM47.88mil or 2.8 sen per unit to 42,860 unit holders of 1.71 billion units of ASN Sara 2.
These distributions translate into a dividend yield of 2.95% for ASN Equity 5 and 2.75% for ASN Sara 2 respectively, based on the net asset value (NAV) of the funds as at Sept 23, 2021
ASN Equity 5 and ASN Sara 2 registered total returns of 11.46% and 4.04% for the financial year ended Sept 30, 2021, outperforming their benchmarks by 8.66% and 1.73% respectively.
According to ASNB, these returns are benchmarked against the FTSE Bursa Malaysia Top 100 Index (FBM 100) and Maybank 12-Month Fixed Deposit, at a ratio customised to each fund.
ASNB noted that during the same period, the FBM KLCI increased 2.79% from 1,504.82 points to 1,546.82 points following a volatile performance on the back of the Covid-19 resurgence, which led to Malaysia's third movement control order.
Global markets demonstrated better performance as the MSCI All Country World Index climbed 29% during the same period, driven by the reopening of global economies as vaccine deployment shows progress.
ASNB said the distribution declared will be automatically reinvested as additional units into the unit holders’ accounts on Oct 1, 2021, for ASM 3, and on Oct 2, 2021, for ASN Equity 5 and ASN Sara 2.
The payout to 525,038 unit holders comes on the back of a net realised income of RM653.27mil for the financial year ended Sept 30, 2021, a 17.87% increase from the previous year.
"The return of four sen per unit remains competitive and exceeds the benchmark Maybank 12-Month Fixed Deposit return of 1.85% by 215 basis points (bps) for the financial year ending 30 September 2021," said ASNB in a statement.
Meanwhile, the unit trust manager will be paying out an additional RM57.68mil to unit holders of variable price funds ASN Equity 5 and ASN Sara (mixed asset conservative) 2 for the same financial year.
The unit holders of ASN Equity 5 will receive a total income distribution of RM9.8mil, representing a payout of 2.85 sen per unit, to 11,202 unitholders with 343.8 million units.
ASNB will also pay RM47.88mil or 2.8 sen per unit to 42,860 unit holders of 1.71 billion units of ASN Sara 2.
These distributions translate into a dividend yield of 2.95% for ASN Equity 5 and 2.75% for ASN Sara 2 respectively, based on the net asset value (NAV) of the funds as at Sept 23, 2021
ASN Equity 5 and ASN Sara 2 registered total returns of 11.46% and 4.04% for the financial year ended Sept 30, 2021, outperforming their benchmarks by 8.66% and 1.73% respectively.
According to ASNB, these returns are benchmarked against the FTSE Bursa Malaysia Top 100 Index (FBM 100) and Maybank 12-Month Fixed Deposit, at a ratio customised to each fund.
ASNB noted that during the same period, the FBM KLCI increased 2.79% from 1,504.82 points to 1,546.82 points following a volatile performance on the back of the Covid-19 resurgence, which led to Malaysia's third movement control order.
Global markets demonstrated better performance as the MSCI All Country World Index climbed 29% during the same period, driven by the reopening of global economies as vaccine deployment shows progress.
ASNB said the distribution declared will be automatically reinvested as additional units into the unit holders’ accounts on Oct 1, 2021, for ASM 3, and on Oct 2, 2021, for ASN Equity 5 and ASN Sara 2.
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