Public Mutual declares over RM96il in distributions for four funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd, has declared over RM96mil in distributions for four funds.

In a statement, Public Mutual announced a gross distribution of 1.25 sen per unit for both the Public Ehsan Mixed Asset Conservative Fund and the Public Select Mixed Asset Conservative Fund.

The unit trust manager also announced gross distribution of 0.50 sen per unit for Public Islamic Asia Dividend Fund and Public Islamic 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.