Public Mutual declares over RM47mil for two funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM47mil for two funds for the financial year ended Sept 30, 2023.

The unit trust company, in a statement, said the gross distributions declared are 3.25 sen per unit for the Public Enterprises Bond Fund and 0.95 sen per unit for the Public Institutional Bond Fund.

Public Mutual is Malaysia’s largest private unit trust company with over 170 funds under its management. This year, the company emerged as the biggest winner at Refinitiv Lipper Fund Awards 2023, receiving 19 individual Fund Awards, and has bagged another 4 awards at Refinitiv Lipper Fund Awards 2023 – Global Islamic.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Public Mutual , Public Investment


Next In Business News

Serba Dinamik's 1Q net loss narrows to RM80.67mil
YTL, NVIDIA to build AI infrastructure, bring fastest supercomputers to Malaysia by mid-2024
Ringgit closes higher vs greenback ahead of US jobs data
Axis-REIT acquires hypermarket in Temerloh for RM25.75mil
Jati Tinggi's IPO shares oversubscribed
Govt committed to increasing public acceptance of EV- Tengku Zafrul
Westports signs third supplementary privatisation deal with government
FBM KLCI loses ground for fifth straight session
Bank of England to hold its line against rate cut talk
Oil heads for 7th weekly loss as supply surplus, weak China demand weigh on market

Others Also Read