Public Mutual declares over RM65mil in distributions for 11 funds

KUALA LUMPUR: Public Mutual Bhd, a wholly-owned subsidiary of Public Bank, has declared distributions totalling more than RM65 million for 11 funds for the financial year ended Jan 31, 2022.

In a statement today, the country’s largest private unit trust company announced gross distributions for Public Enhanced Bond Fund (4.25 sen per unit), Public Money Market Fund - Class A (2.16 sen per unit), Public Index Fund (1.0 sen per unit), Public Islamic Emerging Opportunities Fund (0.8 sen per unit), Public Emerging Opportunities Fund (0.6 sen per unit), and Public India-Global Equity Fund (0.5 sen per unit).

The unit trust manager also declared distributions for Public Islamic Optimal Growth Fund (0.5 sen per unit), Public Islamic Global Balanced Fund (0.5 sen per unit), Public e-Sukuk Fund (0.3 sen per unit), PB Dividend Builder Equity Fund (1.0 sen per unit), and PB Asia Consumer Sector Fund (0.5 sen per unit).

Public Mutual, which manages more than 170 funds, is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.

The company said its fund size totalled RM104 billion as at the end of December 2021. - Bernama