Public Mutual declares RM143m in distributions for six funds

KUALA LUMPUR: Public Mutual has  declared distributions amounting to more than RM143mil for six funds.

Public Mutual, a unit of Public Bank, said on Friday the total gross distributions declared are for the financial year ended Nov 30, 2018.

It said for the Public China Access Equity Fund, the distribution is five sen per unit.

For the Public Far-East Dividend Fund, Public Far-East Alpha-30 Fund and Public Ittikal Sequel Fund, it is 0.75 sen per unit.

As for Public Dividend Select Fund, it said the distribution was 0.4 sen.

The distribution for Public Islamic Infrastructure Bond Fund is 4.5 sen per unit.

Public Mutual is Malaysia’s largest private unit trust company. As at end-September 2018, the total fund size managed by the company was RM83.4bil.