Public Mutual declares over RM20mil in distributions for three funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd, has declared distributions totalling over RM20mil for three funds.

In a statement, the unit trust company announced a gross distribution of 3.75 sen per unit for the Public Select Bond Fund, 0.20 sen per unit for the Public Dividend Select Fund, and 0.10 sen per unit for the PB ASEAN Dividend 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.