Public Mutual declares RM6mil in distributions for three funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to over RM6mil for three funds for the financial year ended Feb 28, 2023.

In a statement, Public Mutual announced gross distributions of 0.30 sen per unit for PB Mixed Asset Growth Fund and 0.20 sen per unit for PB ASEAN Dividend Sequel Fund.

The unit trust manager also declared a 0.20 sen per unit for Public Regular Savings Sequel Fund.

The total gross distributions declared for the financial year ended Feb 28 are as follows:Public Mutual is the country’s largest private unit trust company with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.