Public Mutual declares over RM148mil in distributions for five funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM148mil for five funds.

In a statement, Public Mutual announced a gross distribution of 1.82 sen per unit for the Public Regular Savings Fund, 0.90 sen per unit for the Public Institutional Bond Fund, and 0.30 sen per unit for the Public e-Asia Pacific REITs Flexi Fund.

The unit trust manager also announced 1.50 sen per unit for the Public Mutual PRS Conservative Fund and 1.25 sen per unit for the Public Mutual PRS Islamic Conservative 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.