Public Mutual declares distributions of over RM67m for five funds

KUALA LUMPUR, April 28 — Public Mutual Bhd has declared distributions amounting to more than RM67 million for five funds for the financial year ending on April 30, 2023.

In the statement today, the wholly-owned subsidiary of Public Bank Bhd said a gross distribution of 0.50 sen per unit has been declared by both Public Islamic Dividend Fund and Public Ehsan Mixed Asset Conservative Fund.

It also declared a gross distribution of 0.25 sen per unit for the Public Select Mixed Asset Conservative Fund, Public Islamic Asia Dividend Fund (0.10 sen per unit) and Public Far-East Balanced Fund (0.10 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 (PRS) provider, managing nine PRS funds. — Bernama