Public Mutual declares distributions of RM165m

KUALA LUMPUR: Public Bank’s unit Public Mutual has declared distributions amounting to more than RM165mil for 10 funds.
It said on Thursday the total gross distributions were declared for the financial year ended Oct 31, 2019.
For the Public Islamic Bond Fund the gross distribution was 4.80 sen per unit; Public Islamic Growth Balanced Fund (0.50 sen) and Public Industry Growth Fund (1.5 sen); Public South-East Asia Select Fund (one sen) and Public Equity Fund (0.5 sen).
Public Mutual said for Public Sector Select Fund, Public Islamic Dividend Fund and Public Asia Ittikal Fund the distribution for each of the funds was 0.25 sen.
For the PB Asia Real Estate Income Fund, the gross distribution was 1.75 sen per unit and PB Australia Dynamic Balanced Fund (one sen).
As at end-September 2019, the total fund size managed by Public Mutual was RM84.2 bil.

*Taken from The Star Online

wan hafiz

Proud Malaysian and ex-MMU student. An avid reader and a Manchester United fan. Had practical training and worked with Maxis as an Engineer. Currently pursuing engineering career.

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