Public Mutual declares RM113mil in fund distributions


KUALA LUMPUR: Public Mutual Bhd, a wholly-owned subsidiary of Public Bank Bhd, has declared over RM113mil in distributions for four funds.

In a statement, the unit trust manager said the distributions are 5.00 sen per unit for the Public Islamic Bond Fund, which pays annually, and 1.00 sen per unit for the Public e-Ataraxia Mixed Asset Fund, declared on an incidental basis.

The Public Islamic Dividend Fund declared 0.50 sen per unit, paid semi-annually, while the PB Asia Real Estate Income Fund declared 0.40 sen per unit, paid annually.

Public Mutual, Malaysia’s largest private unit trust company, manages over 180 funds and is an approved Private Retirement Scheme (PRS) provider with nine PRS funds.

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