ASNB declares 3.32 sen income distribution for ASN Imbang 1
Published on: Monday, November 30, 2020
By: Bernama
ASN Imbang 1 financial year end November 30, 2020.
Kuala Lumpur: Amanah Saham Nasional Bhd (ASNB) on Sunday declared an income distribution of 3.32 sen per unit for ASN Imbang (Mixed Asset Balance) 1, amounting to a total payout of RM40.57 million, for the financial year ending Nov 30, 2020.The wholly-owned unit trust company of Permodalan Nasional Bhd (PNB) said the figure represents a dividend yield of 3.60 per cent based on the net asset value (NAV) of the fund as at Nov 30.
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PNB in a statement Sunday said the total payout will benefit over 46,156 unit holders with over 1.22 billion units held.
“The FTSE Bursa Malaysia KLCI index increased by 3.23 per cent for the financial year to date up to Nov 26, 2020, from 1,561.73 points to 1,612.11 points within the same period.
“The slight improvement is a welcome development for PNB as it continues its commitment to deliver competitive returns and provide valuable services to unit holders in the ongoing battle against the coronavirus outbreak,” said the fund.
PNB has also undertaken several strategies to improve the investment portfolio by further diversifying into international equities and focusing on sectors which are less susceptible to the current economic environment.
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The computation of the income distribution for ASN Imbang 1 is based on the units held and the NAV thereof as of Nov 30, 2020.
The distribution declared will be re-invested as additional units into the unit holders’ accounts and automatically credited into their accounts on Dec 1, 2020.
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