PNB SIF attains maturity on July 5Permodalan Nasional Bhd Structured Investment Fund (PNB SIF) reached its maturity date on July 5, Amanah Mutual Bhd (AMB) announced today.
AMB will redeem the full invested amount to unit holders based on the last net asset value (NAV) of RM1.1205, said AMB in a statement today.
AMB is subsidiary of Amanah Saham Nasional Bhd (ASNB), while PNB is the ultimate holding of AMB.
"As at June 30, the fund has recorded a total return (5 years) of
29.75 per cent, with an annualised return of 5.35 per cent per annum.
"During the tenure of the fund, PNB SIF has declared income distributions for four years in a row for the year 2009, 2010, 2011 and 2012 and the total distribution was 15.88 sen," AMB said.
PNB SIF, a close-ended fund of a five-year tenure, was launched on May 12, 2008, with a par value of RM1.00. It is a Mixed Asset fund with an investment objective of providing investment opportunities that generate reasonable returns and growth over the tenure of the fund while endeavouring to provide capital
protection to unit holders.
This year, prior to PNB SIF, AMB Dana Aqeel-Capital Protected (AMBDAQ-CP) attained its maturity on May 3.
AMBDAQ-CP Fund of three years recorded a total return of 11.98 per cent since inception with an annualised return of 3.85 per cent as at April 30
The annualized return is still not as attractive as ASB, ASM, AS1M, ASW2020.. But anyway, still higher than fixed deposit..
Consider not bad la...