Public Mutual declares RM186m in distributions for 10 funds
KUALA LUMPUR (March 31): Public Mutual, a wholly-owned subsidiary of Public Bank, has declared distributions amounting to more than RM186 million for three unit trust funds and seven private retirement scheme (PRS) funds for the financial year ended March 31, 2020.
In a statement today, it declared a distribution of two sen per unit for the Public Regular Savings Fund, 1.5 sen per unit for the Public Aggressive Growth Fund and 0.3 sen per unit for the Public e-Islamic Flexi Allocation Fund.
Under the Public Mutual PRS – Conventional Series funds, it declared a distribution of 0.25 sen per unit for the growth fund, 0.75 sen per unit for the moderate fund, 0.8 sen per unit for the conservative fund and 0.4 sen per unit for the equity fund.
For the Public Mutual PRS – Shariah-based Series funds, the unit trust declared a distribution of 0.5 sen per unit for the Islamic growth fund, 0.25 sen per unit for the Islamic moderate fund and 0.6 sen per unit for the Islamic conservative fund.
Public Mutual is Malaysia’s largest private unit trust company with more than 140 unit trust funds under its management. It is also an approved PRS provider, managing nine PRS funds.
Courtesy by :https://www.theedgemarkets.com/