Public Mutual declares over RM2mil in distributions for two funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd, has declared distributions of over RM2mil for two funds.

In a statement, the unit trust manager announced a gross distribution of 0.45 sen per unit for the Public Regular Savings Sequel Fund and 0.10 sen per unit for the PB Asean Dividend Sequel Fund.

Public Mutual is Malaysia’s largest private unit trust company, managing over 180 funds.