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.