Public Mutual declares RM104m distributions for 4 funds

KUALA LUMPUR: Public Mutual declared distributions amounting to more than RM104mil for four funds for the financial year ended Jan 31, 2016.

Public Mutual, which is a unit of Public Bank, said the gross distribution per unit for the Public Index Fund was 2.25 sen per unit.

As for the Public Islamic Optimal Growth Fund, it was one sen per unit and for the Public Enhanced Bond Fund, it was 4.75 sen.

It declared three sen per unit as distribution for the Public Money Market Fund.

Public Index Fund, Public Islamic Optimal Growth Fund and Public Enhanced Bond Fund are funds that are open for EPF Members Investment Scheme. 

Public Mutual’s managed fund size as at Dec 31, 2015 was RM64.8bil.