PNB announces total income distributions of RM1.64bil for two funds

KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB) has announced a total income distribution payout of RM1.64bil for the financial year ending March 31, 2023.

In a statement, PNB said the income distribution was for two fixed price funds namely Amanah Saham Bumiputera 2 (ASB 2) and Amanah Saham Malaysia (ASM).

ASB 2 declared a total income distribution payout of RM620mil, equivalent to 5.00 sen per unit to 513,244 unit holders who currently own 12.42 billion units.

ASM declared a total income distribution payout of RM1.02bil, which is equivalent to 4.50 sen per unit to 575,351 unit holders with 22.74 billion units.

As of March 28, ASB 2 recorded a net realised income of RM536.09mil, whilst ASM recorded RM784.83mil.

“The distributions of ASB 2 and ASM translate to total returns of 5.00% and 4.50% respectively, both outperforming the benchmark of Maybank’s 12-Month Fixed Deposit at 2.52% by 248 basis points for ASB 2 and 198 basis points for ASM,” PNB said.

As announced during the Budget 2023 presentation in February, PNB said the increase in the individual investment limit for ASB & ASB 2 from RM200,000 to RM300,000 each will be effective on April 1.

The increase in investment limit is a positive move and in line with PNB's efforts to continue promoting a savings and investment culture among Malaysians. More information will be made available in due course, it said.

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PNB , Amanah Saham Nasional , ASN , ASB 2 , ASM


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