Public Mutual declares distributions of more than RM86mil

KUALA LUMPUR: Public Mutual Bhd declared distributions of more than RM86mil for 10 funds.

Public Mutual, a unit of Public Bank, announced on Monday the gross distributions were declared for the financial year ended Dec 31, 2018.

For the Public Savings Fund, the gross distribution was 1.25 sen per unit, Public Focus Select Fund 0.5 sen and Public Strategic Bond Fund 4.25 sen.

It said for the Public Islamic Savings Fund and Public Islamic Growth & Income Fund, the distribution was 0.25 sen per unit for the two funds.

The distribution for Public Islamic Enhanced Bond Fund was 3.25 sen and Public Islamic Strategic Bond Fund 4.25 sen.

PB Asia Pacific Enterprises Fund one sen, PB Mixed Asset Conservative Fund 0.7 sen and PB Aiman Sukuk Fund 4.75 sen.

As at end-November 2018, the total fund size managed by Public Mutual was RM80.15bil.

Source: TheStar