The wholly-owned unit trust management company of Permodalan Nasional Bhd (PNB) said in a statement today that the income distribution of 4.75 sen per unit outperformed its benchmark, the Maybank 12-Month Fixed Deposit return of 2.69%, by 206 basis points for the financial year up to Sept 24, 2024.

It said the income for ASM 3 is derived from realised gains, dividends, and other sources of income from both domestic and international investments.

“The fund recorded a net realised income of RM820.32 million, this year.

“The fund has maintained its diversification strategy, benefitting from increased confidence in the local equity market and positive trends in the global market, driven by advancements in technology,” ASNB said.

It said the computation of the income distribution for ASM 3 is based on the average minimum monthly balance held throughout the fund’s financial year.

“The distribution declared by ASM 3 will be automatically re-invested as additional units into unitholders’ accounts on Oct 1, 2024.

“Transactions for ASM 3 at ASNB branches and agents, including all online channels and internet banking, have been temporarily suspended from Sept 28-30, 2024,” it added.

Unitholders may resume transactions at myASNB portal (www.myasnb.com.my), or via myASNB mobile application, or at any ASNB branches, or its agents nationwide starting Oct 1, 2024.