Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM121 million for 10 funds. The total gross distributions declared for the financial year ended 30 April 2018 are as follows:
Public Far-East Telco & Infrastructure Fund, Public Far-East Balanced Fund, Public Islamic Asia Dividend Fund and Public Islamic Dividend Fund are open for EPF Members Investment Scheme. Public Series of Funds are distributed by Public Mutual’s unit trust consultants while PB Dynamic Allocation Fund is distributed via Public Bank branches nationwide.
Public Mutual is Malaysia’s largest private unit trust company with more than 130 unit trust funds under its management. It is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 32 branches/customer service centres nationwide. As at end-March 2018, the total fund size managed by the Company was RM82 billion.