Public Mutual declares RM20m distribution for 3 funds

KUALA LUMPUR: Public Mutual Bhd declared distributions amounting to more than RM20mil for three funds for the financial year ended Sept 30, 2016. 

Public Mutual, which is a unit of Public Bank, said on Friday the distribution was 1.25 sen per unit for its Public Singapore Equity Fund.

As for the Public Enterprises Bond Fund, the distriution was  4.25 sen per unit and for the PB Global Equity Fund at one sen per unit 

Public Mutual is Malaysia’s largest private unit trust company with more than 100 unit trust funds under its management. As at end-July 2016, the total fund size managed by the company was RM68.8bil.