KUALA LUMPUR, Aug 30 — 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 August 31, 2024.
This amounts 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 August 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.
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),” ASNB said.
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 September 1, 2024,” it said.
Transactions for ASM 2 Wawasan at ASNB branches and agents including all online channels and internet banking have been temporarily suspended from August 30 to August 31, 2024.
“Unitholders may resume transactions at the myASNB portal, via the myASNB app on September 1, 2024, and at any ASNB branches or its agents nationwide starting September 2, 2024,” ASNB said.
— Bernama
