KUALA LUMPUR: Public Bank’s wholly-owned subsidiary, Public Mutual Bhd, has declared distributions amounting to more than RM621 million for 11 funds, for the financial year ended May 31, 2022.

       In a statement today, the company announced gross distributions for Public Global Select Fund (4.0 sen per unit), Public Select Bond Fund (3.10 sen per unit), Public Ittikal Fund (3.0 sen per unit), Public Balanced Fund (2.75 sen per unit), Public Islamic Equity Fund (1.0 sen per unit) and Public Far-East Select Fund (0.8 sen per unit).

       The other funds are Public China Titans Fund, Public Regional Sector Fund and Public Islamic Select Treasures Fund (each one at 0.50 sen per unit), Public Dividend Select Fund (0.25 sen per unit) and PB ASEAN Dividend Fund (0.75 sen per unit).

       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.

       Recently, the company emerged as the biggest winner at the Refinitiv Lipper Fund Awards 2022, 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. - Bernama