Public Mutual declares RM56mil distributions for three funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM56mil for three funds.

The unit trust company, in a statement, said the gross distributions declared are 3.75 sen per unit for Public Select Bond Fund, 1.50 sen per unit for PB Asean Dividend Fund and 0.20 sen per unit for Public Dividend Select Fund.

Public Mutual is Malaysia’s largest private unit trust company with more than 180 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.