Public Mutual declares RM92mil distributions for 8 funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM92mil for eight funds.

In a statement, the unit trust company announced gross distributions of 3.50 sen per unit for PB Fixed Income Fund and 3.00 sen per unit for PB Islamic Bond Fund.

Public Mutual also announced 2.75 sen per unit for PB Infrastructure Bond Fund and 1.00 sen per unit for PB Singapore Advantage-30 Equity 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.