KUALA LUMPUR, May 31 — Public Bank Bhd’s wholly-owned unit, Public Mutual Bhd, has declared distributions amounting to more than RM217 million for seven funds for the financial year ended May 31, 2023.
In a statement today, the unit trust company announced gross distributions for Public Select Bond Fund (2.70 sen per unit), Public Balanced Fund (1.75 sen per unit), Public Ittikal Fund (1.25 sen per unit), Public Islamic Select Treasures Fund (1.25 sen per unit), Public Islamic Equity Fund (1.00 sen per unit), Public Dividend Select Fund (0.10 sen per unit), and PB Asean Dividend Fund (0.75 sen per unit).
Public Mutual is the largest private unit trust company in the country with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.
Recently, it bagged 19 individual fund awards at the Refinitiv Lipper Fund Awards 2023 and another four awards at the Refinitiv Lipper Fund Awards 2023 - Global Islamic. — Bernama
