Public Mutual declares RM107mil distributions for five funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM107mil for five funds.

The unit trust company, in a statement, said the gross distributions declared are 5.00 sen per unit for PB Fixed Income Fund, 5.00 sen per unit for PB Islamic Bond Fund and 4.75 sen per unit for the PB Infrastructure Bond Fund.

It also declared 1.00 sen per unit for the Public Institutional Bond Fund and 0.10 sen per unit for the Public Islamic Savings Fund.

Public Mutual, Malaysia’s largest private unit trust company, manages over 180 funds. It is also an approved private retirement scheme (PRS) provider, handling nine PRS funds.