Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for four of its funds. The total gross distributions declared are for financial year ended 31 January 2009:
Fund
Gross Distribution / Unit
Public Index Fund 5.00 sen
Public Islamic Optimal Growth Fund 0.30 sen
Public Enhanced Bond Fund 2.00 sen
Public Money Market Fund 3.00 sen
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow commented that despite challenging market conditions, Public Mutual is pleased to be able to declare distributions on these four funds.
Public Mutual is Malaysia’s largest private unit trust company with 67 funds under management. It has over 2,000,000 accountholders serviced by over 40,000 unit trust consultants. As at 31 December 2008, the total net asset value of the funds managed by the company was RM23.3 billion.
Tuesday, February 17, 2009
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