Public Mutual declares RM63mil distribution for seven funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM63mil for seven funds.

In a statement, the unit trust company announced gross distributions of 3.25 sen for PB Bond Fund and 3.10 sen for PB Sukuk Fund.

The total gross distributions declared are as follows:

Public Mutual is the largest private unit trust company in the country with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.