Public Mutual declares RM198mil distributions for 11 funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual has declared distributions of over RM198mil for 11 funds.

In a statement, Public Mutual said the total gross distributions declared for the financial year ended July 31, 2022, are as follows:

Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management.

The company recently emerged as the biggest winner at the Refinitiv Lipper Fund Awards 2022, receiving two group awards and 30 individual fund awards.

Public Mutual also gained global recognition by winning 13 awards from the Refinitiv Lipper Fund Awards 2022 - Global Islamic.

Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds.