Public Mutual declares distributions of RM99m for 11 funds – Business News


KUALA LUMPUR: Public Mutual has declared gross distributions totalling RM99mil for 11 funds for the financial year ending Dec 31, 2017. 

Public Mutual, which is a unit of Public Bank, said on Friday the gross distribution per unit for Public Savings Fund was 1.50 sen per unit while for the Public Focus Select Fund it was 0.50 sen.

As for the Public Strategic Bond Fund, it was 3.75 sen per unit; Public Islamic Savings Fund (0.25 sen); Public Islamic Growth & Income Fund (0.25 sen); Public Islamic Enhanced Bond Fund
(4.25 sen) and Public Islamic Strategic Bond Fund (3.50 sen).

For the PB Asia Pacific Enterprises Fund, the distribution was 1.50 sen per unit; PB Growth Sequel Fund (0.75 sen);  PB Mixed Asset Conservative Fund (1 sen) and PB Aiman Sukuk Fund (4.50 sen).

Public Mutual manages more than 130 unit trust funds. As at end-October 2017, the total fund size managed by the company was RM80.2bil.

Read more : thestar

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