Public Mutual declares RM51m distributions for eight funds

KUALA LUMPUR: Public Mutual has declared more than RM51mil in distributions for eight of its funds for the financial year ending Sept 30, 2018.

It said on Friday that for the Public Singapore Equity Fund, the distribution was 1.5 sen per unit while for the Public Strategic SmallCap Fund and Public Advantage Growth Equity Fund, it was 0.5 sen each.

Public Strategic Balanced Fund (one sen); Public Enterprises Bond Fund (4.25 sen) and Public Islamic Advantage Growth Equity Fund (0.5 sen).

As for the PB Global Equity Fund (2.5 sen) and PB SmallCap Growth Fund (O.5 sen).

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

As at end-August 2018, the company managed RM83.8bil in funds.