Public Bank Bhd’s wholly-owned unit, Public Mutual Bhd, has declared distributions amounting to more than RM55 million for nine funds.
The total gross distributions declared for the financial year ended Jan 31, 2023 range from 0.30 sen per unit for PB Dividend Builder Equity Fund to 2.70 sen per unit for Public Enhanced Bond Fund.
Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. It is also an approved private retirement scheme (PRS) provider, managing nine PRS funds.