Public Mutual declares RM57mil distributions for four funds

KUALA LUMPUR: Public Mutual Bhd, a wholly-owned subsidiary of Public Bank Bhd, has announced distributions totalling over RM57mil for four funds.

In a statement, the unit trust manager announced a gross distribution of five sen per unit for both the Public Sukuk Fund and the PB Bond Fund.

It also announced a gross distribution of 4.75 sen per unit for the PB Sukuk Fund and 0.40 sen per unit for the PB Asia Pacific Dividend 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.