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KUALA LUMPUR: Public Bank Bhd
’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM67mil for five funds.
In a statement, Public Mutual announced gross distributions of 0.50 sen per unit for both Public Islamic Dividend Fund and Public Ehsan Mixed Asset Conservative Fund.
It also declared 0.25 sen per unit for the Public Select Mixed Asset Conservative Fund.
The unit trust manager also declared 0.10 sen per unit for Public Islamic Asia Dividend Fund and Public Far-East Balanced Fund.
The gross distributions declared for the financial year ended April 30 are as follows:
Public Mutual is the country’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.
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