Public Mutual declares distributions of over RM66mil for four funds


KUALA LUMPUR: Public Bank's wholly-owned subsidiary Public Mutual has declared distributions amounting to more than RM66mil over four funds.

The unit trust firm announced an annual gross distribution of five sen per unit for the Public Islamic Infrastructure Bond Fund and 4.80 sen per unit for the Public e-Enhanced Money Market Fund.

It also declared a distribution of 1.25 sen per unit for the Public Far-East Dividend Fund and 0.2 sen per unit for the Public Dividend Select Fund (semi-annual).

Public Mutual is Malaysia’s largest private unit trust company, with more than 180 funds under its management.

Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds.

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