Public Mutual declares RM30mil distributions for four funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM30mil for four funds.

In a statement, the unit trust company said the gross distributions declared are 4.00 sen per unit for the Public Enhanced Bond Fund and 3.00 sen per unit for the Public e-Sukuk Fund.

It also declared gross distributions of 0.50 sen per unit for the Public Islamic Optimal Growth Fund and 0.40 sen per unit for the PB Dividend Builder Equity Fund.

Public Mutual is Malaysia’s largest private unit trust company with over 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.