Public Mutual declares RM233m distributions for 10 funds

Public Mutual is Malaysia

KUALA LUMPUR: Public Mutual has declared distributions of more than RM233mil for 10 of its funds for the financial year ended July 31, 2018.

The fund manager, which is a unit of Public Bank, said on Tuesday that for Public Growth Fund, the distribution was 2.00 sen per unit; Public Far-East Property & Resorts Fund (1.50 sen), Public Australia Equity Fund (1.20 sen) and Public Optimal Growth Fund (0.75 sen).

As for Public China Select Fund, the distribution was 0.50 sen per unit, Public Islamic Opportunities Fund (1.50 sen), Public Islamic Select Enterprises Fund (0.50 sen).

Public Mutual said for Public Bond Fund (4.0 sen), Public Islamic Select Bond Fund (3.75 sen) and Public Islamic Income Fund (3.25 sen).

As at end-May 2018, the total fund size managed by Public Mutual was RM80.5bil.