Public Mutual declares RM99mil distributions for 13 funds

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual, has declared distributions amounting to more than RM99mil for 13 funds.

It announced 2.75 sen gross distribution per unit for PB Bond Fund, 2.5 sen per unit for PB Sukuk Fund, 1.00 sen each per unit for PB China Australia Equity Fund, Public SmallCap Fund, and Public Navigator Growth Fund, respectively, and 0.15 sen per unit for Public Islamic Treasures Growth Fund.

The total gross distributions declared for the financial year ended Aug 31 are as follows:

Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management.

This year, the Company emerged as the biggest winner again at the Refinitiv Lipper Fund Awards, receiving two Group Awards and 30 individual Fund Awards. Public Mutual also gained global recognition by winning 13 awards from the Refinitiv Lipper Fund Awards 2022 – Global Islamic.

Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide.

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