BUSINESS

PUBLIC MUTUAL DECLARES MORE THAN RM147 MLN DISTRIBUTIONS FOR 10 FUNDS

31/03/2023 05:58 PM

KUALA LUMPUR, March 31 (Bernama) - Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM147 million for 10 funds, for the financial year ended March 31, 2023.

In a statement today, the company announced gross distributions for Public Aggressive Growth Fund (2.00 sen per unit), Public Regular Savings Fund (1.20 sen per unit), Public Institutional Bond Fund (0.88 sen per unit), Public e-Asia Pacific REITs Flexi Fund (0.20 sen per unit), and PB Islamic SmallCap Fund (1.00 sen per unit).

The other funds are Public Mutual PRS Equity Fund (1.30 sen per unit), Public Mutual PRS Conservative Fund (0.75 sen per unit), Public Mutual PRS Islamic Growth Fund (1.00 sen per unit), Public Mutual PRS Islamic Moderate Fund (0.50 sen per unit), and Public Mutual PRS Islamic Conservative Fund (0.50 sen per unit). 

Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.

Recently, the company emerged as the biggest awards winner at Refinitiv Lipper Fund Awards 2023, receiving 19 individual Fund Awards.

-- BERNAMA

 

 


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