KUALA LUMPUR – Public Mutual Bhd, a wholly-owned subsidiary of Public Bank, has declared distributions totalling more than RM79 million for 11 funds for the financial year ended December 31, 2020.
In a statement today, it said the gross distributions for Public Strategic Bond Fund, Public Islamic Strategic Bond Fund and PB Aiman Sukuk Fund were 4.75 sen per unit each, while those for Public Islamic Enhanced Bond Fund and Public e-Islamic Sustainable Millennial Fund were 3.50 sen per unit and 1.25 sen per unit, respectively.
The other funds are PB Asia Pacific Enterprises Fund (gross distribution: 1.00 sen per unit), PB Mixed Asset Conservative Fund (0.80 sen per unit), Public Savings Fund (0.75 sen per unit), Public Islamic Growth & Income Fund (0.50 sen per unit), PB Balanced Sequel Fund (0.50 sen per unit), and Public Islamic Savings Fund (0.15 sen per unit).
Public Mutual is Malaysia’s largest private unit trust company with more than 160 unit trust funds under its management and is an approved private retirement scheme provider, managing nine PRS funds.
As at end-November 2020, the size of the funds managed by the company was RM98.1 billion. – Bernama, December 31, 2020
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