Public Mutual declares RM66mil distributions for two funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM66mil for two funds.

In a statement, Public Mutual said the gross distributions declared are 5.00 sen per unit for Public Enterprises Bond Fund and 0.90 sen per unit for Public Institutional Bond 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.