Public Mutual declares more than RM147mil distributions for 10 funds


KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM147 million for 10 funds, for the financial year ended March 31, 2023.

In a statement today, the company announced gross distributions for Public Aggressive Growth Fund (2.00 sen per unit), Public Regular Savings Fund (1.20 sen per unit), Public Institutional Bond Fund (0.88 sen per unit), Public e-Asia Pacific REITs Flexi Fund (0.20 sen per unit), and PB Islamic SmallCap Fund (1.00 sen per unit).

The other funds are Public Mutual PRS Equity Fund (1.30 sen per unit), Public Mutual PRS Conservative Fund (0.75 sen per unit), Public Mutual PRS Islamic Growth Fund (1.00 sen per unit), Public Mutual PRS Islamic Moderate Fund (0.50 sen per unit), and Public Mutual PRS Islamic Conservative Fund (0.50 sen per unit).

Public Mutual is Malaysia’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.

Recently, the company emerged as the biggest awards winner at Refinitiv Lipper Fund Awards 2023, receiving 19 individual Fund Awards. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Public Bank , Public Mutual , distributions , funds , PRS , equity

   

Next In Business News

Schools affect property prices
Relocation made easy
When a quiet road becomes a noisy highway
Maybank offers flood relief assistance to affected customers nationwide
Ringgit seen trading at 4.42-4.44 with upside bias against US dollar next week
Robust earnings drive Public Bank’s profit optimism
Struggling Tan Chong faces long and rough journey
Unleashing innovation in pet wellness
Emerging Asia stays steady
Finesse in a cuppa

Others Also Read