Thursday 25 Apr 2024
By
main news image

KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) is expecting about 150,000 visitors to its annual flagship unit trust exhibition, Minggu Saham Amanah Malaysia 2018 (MSAM 2018), which will be held at Stadium Batu Pahat, Johor, from April 19 to 25.

“The MSAM 2018 is our flagship event in promoting our products further and inculcating smart investing habits among Malaysians,” said PNB group chairman Tan Sri Abdul Wahid Omar at the pre-launch event today.

To date, the annual exhibition has attracted over 3.6 million visitors since the first was held in 2000.

Wahid said the exhibition this year will be slightly different than the previous ones as it will incorporate various digital elements including the use of a digital app, which visitors can use to obtain more information on programmes and events lined up.

Wahid said PNB will also be launching a newer version of its myASNB portal at the event, which allows unit holders to check and update their accounts.

Its strategic partners for 2018 include Malayan Banking Bhd, SP Setia Bhd, CCM Duopharma Bhd, UMW Holdings Bhd and Sime Darby Bhd.

“At the same time, the exhibition provides visitors with an opportunity to understand unit trust investments more clearly, particularly on risk-related returns.

“They can also gain insights on how returns obtained through investments in PNB group of companies are redistributed to unit holders in the form of income distribution,” said Wahid.

To entice participants, MSAM 2018 also has several prizes in store including an intermediate unit terrace house at Bandar Universiti Pagoh developed by Sime Darby Property Bhd, a Hyundai Ioniq Kappa and a Toyota Vios, among others.

Overall, he said the take up of unit trusts in Malaysia has been very good, with PNB garnering a total of RM235 billion in funds from 13.3 million unit holders as at end 2017. Including its proprietary fund, PNB’s total funds under management totals RM280 billion.

“We are on track to achieve our target of RM350 billion in total assets under management by 2022,” he said.

      Print
      Text Size
      Share