Public Mutual declares RM94mil distributions for seven funds

Public Mutual declares RM94mil distributions for seven funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM94mil for seven funds.

In a statement, Public Mutual said the gross distributions declared are 5.50 sen per unit for Public Islamic Income Fund, 4.50 sen per unit for Public e-Income Fund, 4.25 sen per unit for Public Bond Fund and 4.25 sen per unit for Public Islamic Select Bond Fund.

It also declared 3.50 sen per unit for Public e-Islamic Income Fund, 0.40 sen per unit for Public Optimal Growth Fund and 0.20 sen per unit for Public Far-East Property & Resorts Fund.

Public Mutual is Malaysia’s largest private unit trust company with more than 180 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.

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