Public Mutual declares RM91m distributions for eight funds


Public Mutual has more than 130 unit trust funds under its management. As at end-March 2019, the total fund size managed by Public Mutual was RM81.6bil.

KUALA LUMPUR: Public Mutual Bhd has declared distributions amounting to more than RM91mil for eight of its funds.

Public Mutual, a unit of Public Bank, said on Tuesday the total gross distributions were for the financial year ended April 30.

The gross distribution per unit for Public Far-East Telco & Infrastructure Fund was one sen per unit and for Public Select Mixed Asset Growth Fund 0.25 sen unit.

As for the Public Select Mixed Asset Conservative Fund, it was one sen.

Public Mutual said the distribution for the Public Islamic Dividend Fund was 0.5 sen. 

As for the Public Islamic Asia Dividend Fund, Public Ehsan Mixed Asset Growth Fund and Public Ehsan Mixed Asset Conservative Fund it was 0.25 sen per unit for each of the funds.

It declared a gross distribution of seven sen per unit for the PB Dynamic Allocation Fund.

Public Mutual has more than 130 unit trust funds under its management. As at end-March 2019, the total fund size managed by Public Mutual was RM81.6bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

distribution , unit trusts , Public Mutual

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read