PUBLIC MUTUAL DECLARES DISTRIBUTIONS OF RM235 MLN FOR 13 FUNDS
KUALA LUMPUR, July 30-- Public Bank Bhd’s wholly-owned subsidiary Public Mutual has declared distributions amounting to more than RM235 million for 13 funds for the financial year ended July 31, 2021.
The fund manager declared, in a statement today, a 4.0 sen per unit distribution for Public Islamic Select Bond Fund; 3.75 sen per unit for Public Islamic Income Fund; 3.50 sen per unit for Public Bond Fund; 2.0 sen per unit for Public Islamic Opportunities Fund; and 1.75 sen per unit for Public Growth Fund.
It also announced a distribution of 1.0 sen per unit each for Public Optimal Growth Fund, Public Australia Equity Fund, Public Islamic Select Enterprises Fund and PB Asia-30 Equity Fund.
Public Mutual also declared 0.5 sen per unit for Public Far-East Property and Resorts Fund, Public e-Income Fund, Public e-Islamic Income Fund and Public China Select Fund.
Public Mutual is Malaysia’s largest private unit trust company with more than 160 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.
As at end-June 2021, the fund size managed by the company was above RM100 billion.
-- BERNAMA
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