Public Mutual declares distributions of RM164mil for 23 funds


KUALA LUMPUR: Public Bank’s wholly-owned subsidiary, Public Mutual, has declared distributions amounting to greater than RM164 million for 23 funds as at Dec 31, 2021.

The unit belief supervisor stated PB Aiman Sukuk Fund declares the best gross distribution, at 4.00 sen per unit, adopted by Public Strategic Bond Fund and Public Islamic Strategic Bond Fund which declares 3.10 sen per unit every.

Gross distributions of 2.00 sen per unit every have additionally been declared for PB Asia Pacific Enterprises Fund, Public Islamic Enhanced Bond Fund and Public Savings Fund, it stated in a press release.

Public Mutual additionally introduced a distribution of 1.59 sen per unit for Public Wholesale Vietnam Equity Fund; 1.50 sen per unit for Public e-Islamic Sustainable Millennial Fund and 1.20 sen per unit for PB Mixed Asset Conservative Fund.

Meanwhile, it additionally declared a distribution of 0.75 sen per unit for PB Balanced Sequel Fund; 0.50 sen per unit for Public Islamic Growth & Income Fund; 0.25 sen per unit for PB Growth Sequel Fund and 0.15 sen per unit for Public Islamic Savings Fund.

Public Mutual is Malaysia’s largest non-public unit belief firm with greater than 170 funds beneath its administration. It can be an permitted Private Retirement Scheme (PRS) supplier, managing 9 PRS funds.

As of end-November 2021, the fund measurement managed by the corporate amounted to RM104 billion. – Bernama

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