Public Mutual declares RM219m distributions for 8 funds

KUALA LUMPUR:  Malaysia’s largest private unit trust company, Public Mutual declared distributions amounting to more than RM219 million for eight fundsfor the financial year ended July 31, 2016.

It said on Friday that for the Public Growth Fund, gross distribution was 2.50 sen per unit.

For the Public Far-East Property & Resorts Fund and Public Australia Equity Fund, the distribution was one sen per unit.

As for the Public Optimal Growth Fund it was 0.25 sen per unit and Public Bond Fund (four sen).

Public Islamic Select Enterprises Fund (one sen) while for the Public Islamic Select Bond Fund and Public Islamic Income Fund (three sen each).

The Public Growth Fund, Public Optimal Growth Fund, Public Islamic Select Enterprises Fund, Public Islamic Select Bond Fund and Public Islamic Income Fund are open for the EPF members investment scheme. 

Public Mutual, a unit of Public Bank, has 32 branches/customer service centres nationwide. As at end-June 2016, the total fund size managed by the company was RM67.7bil.