KUALA LUMPUR, Aug 30 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has announced a total income distribution of 4.75 sen per unit for its fixed-price fund, Amanah Saham Malaysia 2 - Wawasan (ASM 2 Wawasan) for the financial year ending Aug 31, 2024.
It said this would amount to a total payout of RM1.13 billion, benefitting 939,200 unitholders.
“The income distribution of ASM 2 Wawasan translates to a total return of 4.75 per cent, outperforming its benchmark Maybank 12-Month Fixed Deposit at 2.71 per cent by 204 basis points.
“As of Aug 26, 2024, the fund earned a total gross income of RM1.54 billion and recorded a net realised income of RM1.27 billion,” it said in a statement today.
ASNB said that the income for ASM 2 Wawasan is derived from capital gains, dividends, and other revenue sources from both domestic and international investments.
“Income from equities remains a major contributor as international and domestic investment contributed 48.0 per cent and 40.6 per cent, 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 8.6 per cent of the total net asset value (NAV),” it said.
According to ASNB, 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 unitholders’ accounts on Sept 1, 2024,” it said.
It said that transactions for ASM 2 Wawasan at ASNB branches and agents including all online channels and internet banking have been temporarily suspended from Aug 30-31, 2024.
“Unitholders may resume transactions at myASNB portal (www.myasnb.com.my), via myASNB mobile application on Sept 1, 2024, and at any ASNB branches or its agents nationwide starting Sept 2, 2024,” it added.
-- BERNAMA
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