Public Mutual declares distributions of RM130mil for four funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM130mil for four funds.

In a statement, the unit trust company said the gross distributions declared are 1.50 sen per unit for Public Ehsan Mixed Asset Conservative Fund and Public Select Mixed Asset Conservative Fund.

It also declared gross distributions of 1.00 sen per unit for the Public Islamic Dividend Fund and 0.10 sen per unit for the Public Islamic Asia Dividend Fund.

Public Mutual is Malaysia’s largest private unit trust company with more than 180 funds under its management.