Public Mutual declares RM238m distributions for 11 funds

KUALA LUMPUR: Public Bank’s unit, Public Mutual has declared distributions of more than RM238mil for 11 funds.

It said on Wednesday the total gross distributions were for the financial year ended Oct 31.

Public Mutual said for the Public South-East Asia Select Fund, Public Sector Select Fund and Public Industry Growth Fund, the distribution was 1.50 sen per unit.

As for Public Equity Fund, Public Growth Balanced Fund, Public Islamic Growth Balanced Fund and PB Australia Dynamic Balanced Fund, the distribution was 1.25 sen per unit.

It said for Public Islamic Dividend Fund it was 0.5 sen, Public Asia Ittikal Fund 0.25 sen, Public Islamic Bond Fund 4.5 sen and PB Asia Real Estate Income Fund 1.75 sen.

As at end-September 2018, the total fund size managed by the company was RM83.4bil.

Source: TheStar