Public Mutual declares over RM109mil in distributions for five funds

KUALA LUMPUR: Public Bank Bhd’s wholly owned subsidiary, Public Mutual Bhd, has declared distributions totalling over RM109mil for five funds.

In a statement today, the unit trust manager announced total gross distributions of 5.50 sen per unit for the PB Fixed Income Fund, PB Infrastructure Bond Fund, and PB Islamic Bond Fund.

The Public Institutional Bond Fund will receive a distribution of 0.90 sen per unit, while the Public Islamic Savings Fund will receive 0.10 sen per unit.

Public Mutual is Malaysia’s largest private unit trust company, managing over 180 funds and nine Private Retirement Scheme (PRS) funds. It operates 31 branches and customer service centres nationwide.