“Despite a challenging year in 2019, PNB’s funds’ portfolios have held up in relative terms, outperforming their respective benchmarks largely due to the exposure in high-quality stocks with strong fundamentals and the steps taken to diversify the portfolio further,” it said.
KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) declared income distribution per unit of 4.75 sen for Amanah Saham Bumiputera 2 (ASB 2) and 4.25 sen per unit for Amanah Saham Malaysia (ASM) totalling RM1.4bil.
ASNB, a unit of Permodalan Nasional Bhd, said on Monday the income distributions for the two fixed price funds were for the financial year ended March 31,2020.
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