Public Mutual declares RM160mil distributions for five funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual has declared distributions of more than RM160mil for five funds.

The unit trust company, in a statement, said the gross distributions declared are 1.82 sen per unit for the Public Regular Savings Fund, 1.25 sen per unit for the Public Institutional Bond Fund and 0.25 sen per unit for the Public e-Asia Pacific REITs Flexi Fund.

It also declared 1.50 sen per unit for the Public Mutual PRS Conservative Fund and 1.00 sen per unit for the Public Mutual PRS Islamic Conservative 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.