KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd, has declared over RM90mil in distributions for seven funds.
In a statement, the unit trust manager declared gross distributions of 4.25 sen per unit for the Public Bond Fund, 4.00 sen per unit for the Public Islamic Select Bond Fund, 3.50 sen per unit for the Public e-Income Fund, and 3.50 sen per unit for the Public Islamic Income Fund.
Public Mutual also declared a gross distribution of 3.00 sen per unit for the Public e-Islamic Income Fund.
The Public Optimal Growth Fund will receive a gross distribution of 0.35 sen per unit. For the Public Far-East Property & Resorts Fund, a gross distribution of 0.20 sen per unit has been declared.
Public Mutual is Malaysia’s largest private unit trust company, managing over 180 funds and nine Private Retirement Scheme (PRS) funds. It operates 31 branches and customer service centres nationwide.