Public Mutual launches two income funds

Public e-Income Fund (PeINCF) and Public e-Islamic Income Fund (PeISINCF) will invest in fixed income securities and money market instruments.

KUALA LUMPUR: Public Mutual launched two new funds -- Public e-Income Fund (PeINCF) and Public e-Islamic Income Fund (PeISINCF) – on Wednesday which seek to provide annual income over the medium to long-term period.

Public Mutual, a unit of Public Bank, said both funds will invest in fixed income securities and money market instruments.