Business

Public Mutual declares RM103 mil distributions for five funds

M’sia’s largest private unit trust company says amount for financial year ended Sept 30

Updated 3 years ago · Published on 30 Sep 2022 5:35PM

Public Mutual declares RM103 mil distributions for five funds
Pictured is Public Mutual Tower in Kuala Lumpur. Public Mutual manages more than 170 funds. – Kim Starr/skyscraper.com pic, September 30, 202

KUALA LUMPUR – Public Mutual Bhd, a wholly owned subsidiary of Public Bank Bhd, has declared distributions totalling more than RM103 million for five funds.

The declared gross distributions are for the financial year ended September 30, 2022, it said in a statement today.

The funds are the Public Enterprises Bond Fund (with a gross distribution of 2.75 sen per unit), Public Islamic Global Equity Fund (2.50 sen per unit), Public e-Flexi Allocation Fund (2.00 sen per unit), Public Islamic Advantage Growth Equity Fund (0.40 sen per unit), and PB SmallCap Growth Fund (0.50 sen per unit).

Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. – Bernama, September 30, 2022

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