Business

Public Mutual declares RM77 mil in distributions for 13 funds

They include Public Strategic Bond, Public Islamic Strategic Bond Fund

Updated 3 years ago · Published on 30 Dec 2022 5:53PM

Public Mutual declares RM77 mil in distributions for 13 funds
Public Mutual is Malaysia’s largest private unit trust company, with more than 170 funds under its management. – skyscrapercenter.com pic, December 30, 2022

KUALA LUMPUR – Public Bank’s wholly owned subsidiary, Public Mutual Bhd, has declared total gross distributions of more than RM77 million for 13 funds for the financial year ended December 31, 2022. 

In a statement today, Public Mutual said the 13 funds include the Public Strategic Bond Fund (3.05 sen per unit), Public Islamic Strategic Bond Fund (2.85 sen per unit), Public Islamic Enhanced Bond Fund (2.25 sen per unit), and Public Institutional Bond Fund (0.92 sen per unit). 

It also announced gross distributions for the PB Aiman Sukuk Fund (2.70 sen per unit), Public e-Islamic Sustainable Millennial Fund (1 sen per unit), Public Savings Fund (0.50 sen per unit), Public Focus Select Fund (0.50 sen per unit), and PB Asia Pacific Enterprises Fund (0.50 sen per unit).

The unit trust management company had also declared distributions for the PB Mixed Asset Conservative Fund (0.30 sen per unit), PB Balanced Sequel Fund (0.30 sen per unit) and Public e-Islamic Sustainable Millennial Fund (1.00 sen per unit).

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

It is also an approved private retirement scheme provider, managing nine scheme funds, and has 31 branches and customer service centres nationwide. – Bernama, December 31, 2022

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