Public Mutual declares RM77mil distributions for three funds

KUALA LUMPUR: Public Bank Bhd’s wholly owned subsidiary Public Mutual Bhd has declared distributions amounting to more than RM77mil for three funds for the financial year ended Oct 31, 2023.

The unit trust company, in a statement, said the gross distributions declared are 3.00 sen per unit for the Public Islamic Bond Fund, 0.50 sen per unit for the Public Islamic Dividend Fund and 0.40 sen per unit for PB Asia Real Estate Income Fund.

Public Mutual is Malaysia’s largest private unit trust company with over 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.