Public Mutual declares over RM64m worth of distributions for five funds

KUALA LUMPUR (Jan 31): Malaysia's largest private unit trust company, Public Mutual Bhd, which is also a wholly-owned unit of Public Bank Bhd, has declared distributions amounting to more than RM64 million for five of its funds under management.

The funds are: Public Money Market Fund (a gross distribution of 5 sen per unit), Public Enhanced Bond Fund (4.25 sen per unit), Public Index Fund (1.50 sen per unit), Public Islamic Optimal Growth Fund (0.50 sen per unit) and PB Dividend Builder Equity Fund (0.40 sen per unit).

In a statement today, Public Mutual said the Public Index Fund and Public Enhanced Bond Fund are open for EPF Members Investment Scheme, while the Public Series of Funds are distributed by its unit trust consultants.

As for the PB Series of funds, they are distributed via Public Bank branches nationwide.

As at end-December 2019, Public Mutual was managing funds totalling RM86.6 billion.

Besides 140 unit trust funds under management, Public Mutual is also an approved private retirement scheme (PRS) provider that is managing nine PRS funds.