Public Mutual declares distributions of RM274m for 14 funds

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KUALA LUMPUR (April 5): Public Mutual Bhd has announced distributions amounting to more than RM274 million for five unit trusts funds and nine private retirement scheme (PRS) funds for the financial year ended March 31, 2021.

The total gross distributions declared are as follows:

Public Mutual, a subsidiary of Public Bank Bhd, is Malaysia’s largest private unit trust company with more than 160 funds under its management.

It is also an approved PRS provider, managing nine PRS funds, and has a total of 31 branches/customer service centres nationwide.

Public Mutual said the fund size managed by the company as at end-February 2021 was above RM100 billion.