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PNB declares 4.25 sen/unit income distribution for ASB

KUALA LUMPUR: Permodalan Nasional Bhd s subsidiary Amanah Saham Nasional Bhd has announced an income distribution of 3.5 sen and bonus of 0.75 sen per unit for its flagship Amanah Samah Bumiputra (ASB) fund in 2020.
All ASB unit holders will also receive a special 30th anniversary Ehsan payment of 0.75 sen per unit for their first 30,000 units.
The distribution will bring the total payout to RM7.6bil for 10.2 million unit holders holding 173.2 billion ASB units.
The payout outperforms Maybank s 12-month fixed deposit rate benchmark by 2.4%.
ASB’s performance remains competitive relative to other low-risk investment instruments. ASB continues to be a sound option for individuals with a low risk profile and a long-term investment horizon, said PNB group chairman Tan Seri Dr Zeti Aziz in a statement. ....

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