Public Mutual Declares Distributions Of Over RM99 Mln For Nine Funds

KUALA LUMPUR, Dec 31 (Bernama) -- Public Mutual, a wholly-owned subsidiary of Public Bank, has declared distributions amounting to more than RM99 million for nine funds for the financial year ended Dec 31, 2024.

In a statement today, the unit trust manager announced an annual gross distribution of 5.5 sen per unit for the Public Islamic Enhanced Bond Fund and 5.0 sen per unit for the PB Aiman Sukuk Fund.

It also declared an annual gross distribution of 4.75 sen per unit for both the Public Islamic Strategic Bond Fund and Public Strategic Bond Fund.

Meanwhile, the gross distribution is 1.25 sen per unit for the PB Mixed Asset Conservative Fund, 0.9 sen per unit for the Public Institutional Bond Fund, 0.8 sen per unit for the Public Savings Fund, and 0.2 sen per unit for the Public Islamic Growth and Income Fund.

For the Public Islamic Savings Fund, which pays distributions semi-annually, the gross distribution is 0.15 sen per unit. 

Public Mutual is Malaysia’s largest private unit trust company, with more than 180 funds under its management.

It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.

-- BERNAMA