KUALA LUMPUR: Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM269mil for six unit trust funds and eight Private Retirement Scheme (PRS) funds.
The total gross distributions declared for the financial year ended Mar 31, 2022 are as follows:
Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide.
Public Mutual manages a total fund size of more than RM100bil as at end-February 2022.