KUALA LUMPUR: Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM621mil for 11 funds.

       The total gross distributions declared for the financial year ended May 31, 2022 are as follows:

       Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. The company emerged as the biggest winner at the Refinitiv Lipper Fund Awards 2022 recently, receiving two Group Awards and 30 individual Fund Awards. Public Mutual also gained global recognition by winning 13 awards from the Refinitiv Lipper Fund Awards 2022 - Global Islamic.

       Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide.