May 16, 2021

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Public Mutual announces distributions of RM220 million for 10 funds


lease: Public Mutual, a subsidiary of the Public Bank and wholly owned by the Public Bank, has announced distributions totaling more than RM 202 million for 10 funds.

The total dividends announced for the fiscal year ending April 30, 2021 include the PB Dynamic Allocation Fund (6.00 cents per unit), the General Tactical Allocation Fund (2.00 cents per unit), the Far East Public Communications and Infrastructure Fund (1.75 cents per unit), Public Select Mixed Asset Conservative Fund (1.50 cents per unit), Ihsan Mixed General Assets Conservative Fund (1.50 cents per unit), General Mixed Asset Growth Fund (1.00 cents per unit), Ihsan General Mixed Asset Growth Fund (1.00 cents per unit)), The Far East Balanced Public Fund (1.00 cents per unit), the Islamic General Dividend Distribution Fund in Asia (1.00 cents per unit), and the Islamic Public Dividend Distribution Fund (0.75 cents per unit).

Public Mutual has more than 160 funds under its management. It is also a Certified Private Retirement System (PRS) provider, and manages nine PRS funds. It has a total of 31 branches / customer service centers nationwide. At the end of March 2021, the size of the fund managed by the company was over RM100 billion.