KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB), today announced a total income distribution payout of RM921.2 million for its fixed price fund, Amanah Saham Malaysia 2 - Wawasan (ASM2 Wawasan) for the financial year ending August 31, 2021.
ASNB is Permodalan Nasional Bhd's (PNB) wholly-owned unit trust company.
In a statement today, PNB said ASM2 Wawasan declared an income distribution of four sen per unit, benefitting 897,145 unitholders.
This is higher than the RM907.3 million distributed in the financial year 2020 (FY20).
ASM2 Wawasan recorded a net realised income of RM909.6 million as at August 25 this yera, up 4.47 per cent from last year.
The income distribution for ASM2 Wawasan is 215 basis points (bps) above its benchmark Maybank 12-month fixed deposit during the same period which stood at 1.85 per cent, it said.
"The performance of ASM2 Wawasan was generally driven by the recovery of global and domestic financial markets amidst the resurgence of Covid-19 infections and expectations of rising inflation. The fund returns have also been bolstered by the positive outcomes of PNB's continuous asset class diversification initiatives," it said.
PNB said it had gradually increased its international investments to 20.8 per cent of overall portfolio, compared to 14.9 per cent on 2020.
"In the face of a rapidly changing market environment, PNB continues to explore new investment opportunities that would enable its investment portfolio to grow in a more resilient and sustainable manner," it said.
PNB said transactions at all ASNB branches and agents for ASM2 Wawasan had been temporarily suspended from August 26 to August 31 to facilitate the computation of income distribution.