Business News

Published: Friday March 29, 2013 MYT 12:00:00 AM
Updated: Wednesday April 24, 2013 MYT 2:11:50 PM

Public Mutual declares gross distributions for two funds

KUALA LUMPUR: Public Mutual Bhd had declared distributions for the Public Regular Savings Fund and Public Aggressive Growth Fund for the financial year ending March 31, 2013.

It said on Friday the distributions for the Public Regular Savings Fund was 5.0 sen per unit while for the Public Aggressive Growth Fund it was 2.50 sen per unit.

Both funds are open for the Employees Provident Fund's members investment scheme.

Public Mutual said the strategy for the savings fund was consistent capital growth with a steady growth of income over the medium- to long-term.

The aggressive growth fund targets high capital growth over the medium- to long-term period by investing in situational and high growth stocks.

Tags / Keywords: News, Business, Public Mutual Bhd, distributions, Public Regular Savings Fund, Public Aggressive Growth Fund, Business


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