Public Mutual declares over RM42mil for four funds

KUALA LUMPUR: Public Bank Bhd’s wholly owned subsidiary, Public Mutual Bhd has declared its distributions amounting to more than RM42mil for four funds.

The unit trust company, in a statement, said gross distributions declared are 2.80 sen per unit for the Public e-Enhanced Money Market Fund, 2.50 sen per unit for Public Islamic Infrastructure Bond Fund, 1.25 sen per unit for the Public Far-East Dividend Fund and 0.18 sen per unit for Public Dividend Select Fund.

Public Mutual is the country’s largest private unit trust company with more than 170 funds under its management. Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds.