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.