Amanah Saham Nasional Berhad (ASNB), announced higher dividend rates for all the three funds under Amanah Saham Gemilang (ASG), ASG-Pendidikan, ASG-Kesihatan and ASG-Persaraan for the financial year ended 31st March 2011.
Unitholders of ASG-Pendidikan will receive an income distribution of 5.60 sen per unit, ASG-Kesihatan will receive 6.10 sen per unit, and ASG-Persaraan will receive 5.10 sen per unit. Kindly refer to “Historical ASG Dividend Rate” for previous years dividend.
The total dividend payment for ASG-Pendidikan is RM2.4 million, and it will benefited 8,662 unit holders who had subscribed to 43 million units of the fund.
As of 21st March 2011, gross income for ASG-Pendidikan was RM3.07 million. Profit from the sale of shares contributed RM1.52 million or 49.5 percent while dividend income contributed RM1.08 million or 35.2 percent. The rest of the income at RM0.47 million or 15.3 percent was derived from investments in short term instruments.
For ASG-Kesihatan, a total dividend payment of RM2.6 million will benefited 5,950 unitholders who had subscribed to 43 million units of the fund.
As of 21st March 2011, gross income for ASG-Kesihatan was RM3.03 million. Profit from the sale of shares contributed RM1.58 million or 52 percent while dividend income contributed RM1.06 million or 35 percent. The rest of the income at RM0.39 million or 13 percent was derived from investments in short term instruments.
For ASG-Persaraan, a total dividend payment of RM1.1 million for dividend will benefited 2,773 unit holders who have subscribed to 21 million units of the fund.
As of 21st March 2011, gross income for ASG-Persaraan was RM1.53 million. Profit from the sale of shares contributed RM0.66 million or 43.1 percent while dividend income contributed RM0.59 million or 38.6 percent. The rest of the income at RM0.28 million or 18.3 percent was derived from investments in short term instruments.
All the three unit trust funds are ‘Growth and Income Fund’ with different objectives and asset allocation for each of the unit trust fund.
ASG is a variable priced unit trust fund where investors are allowed to buy unlimited number of units in all the three funds and investors are allowed to invest heir EPF money.
The dividend calculation for ASG is based on the units balance at 31 March 2011. The dividend will be automatically re-invested in the fund based on the NAV of each unit trust at 31 March 2011.
For unitholders who subscribed to the ASG through the EPF Members’ Investment Scheme, the dividend will be credited directly into their respective EPF investment accounts.
Transactions at all branches and agents nationwide for all three unit trust funds under ASG has been suspended starting from 22 March 2011 to 31 March 2011 to facilitate the calculation of income distribution.
ASG unit holders can update their ASG investment pass book at ASNB offices and agents nationwide beginning 1 April 2011.