8.88 Sen Net Income Distributions for
AMB Value Trust Fund and AMB Ethical Trust Fund
KUALA LUMPUR:- Amanah Mutual Berhad (AMB) has announced a net income distribution of 8.88 sen per unit for AMB Value Trust Fund (AMBVTF) and AMB Ethical Trust Find (AMBETF) respectively for the financial year ended August 31, 2009.
The annual gross income distribution is 9.14 sen per unit for AMBVTF and 9.03 sen per unit for AMBETF.
AMBVTF is an equity fund focusing on capital growth through investment into securities that are trading at a discount to their intrinsic value. In 2009, the fund is a winner of the Edge-Lipper Malaysia Fund Award for Best Equity Malaysia Fund under 3-years category with total returns of 70.95 per cent.
AMBETF meanwhile is an equity fund focusing on providing investors with income and capital growth for medium to long term through investment that comply with ethical principles as defined in this fund.
AMB is a wholly owned subsidiary of Amanah Saham Nasional Berhad (ASNB) and Permodalan Nasional Berhad (PNB) is the ultimate holding company.
The income distribution will be reinvested as additional units in the respective funds on behalf of the unit holders.
The income distribution statements and the distribution warrants will be sent to all AMBVTF and AMBETF unit holders registered as at August 31 st, 2009 no later than October 31 st, 2009.