Public Mutual declares RM121m distributions for 10 funds

Public Mutual is Malaysia

KUALA LUMPUR: Public Bank’s unit Public Mutual has declared distributions amounting to more than RM121mil for 10 funds. 

It said on Monday the total gross distributions declared were for the financial year ended April 30, 2018.

For the Public Tactical Allocation Fund, the gross distribution was two sen per unit while for the PB Dynamic Allocation Fund, it was seven sen.

As for the Public Far-East Telco & Infrastructure Fund, Public Select Mixed Asset Growth Fund and Public Select Mixed Asset Conservative Fund, it was one sen each.

Public Mutual said for the Public Far-East Balanced Fund, the distribution was 0.15 sen per unit; Public Islamic Asia Dividend Fund (1.50 sen) and Public Islamic Dividend Fund (0.50 sen).

For the Public Ehsan Mixed Asset Growth Fund (0.75 sen); Public Ehsan Mixed Asset Conservative Fund (one sen).

Public Mutual is Malaysia’s largest private unit trust company with more than 130 unit trust funds under its management. 

As at end-March 2018, the total fund size which it managed was RM82bil.