Public Mutual declares RM217mil distributions for 7 funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned unit, Public Mutual Bhd, has declared distributions amounting to more than RM217mil for seven funds for the financial year ended May 31, 2023.

In a statement, the unit trust company announced gross distributions of 2.70 sen per unit for Public Select Bond Fund and 1.75 sen per unit for Public Balanced Fund.

Public Mutual also announced 1.25 sen per unit for Public Ittikal Fund and Public Islamic Select Treasures Fund.

It announced a distribution of 1 sen for Public Islamic Equity Fund, 0.1 sen for Public Dividend Select Fund and 0.75 sen for PB Asean Dividend Fund.

The total gross distributions declared are as follows:

Public Mutual is the largest private unit trust company in the country with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.

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Public Mutual , unit trust


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