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Public Mutual declares distributions for 3 funds

November 5th, 2008 · No Comments ·

www.publicmutual.com.my

Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for three of its funds. The total gross distributions declared for the financial year ended 31 October 2008 are as follows:

Public Industry Fund 7.50 sen

Public Equity Fund 5.00 sen

Public Islamic Bond Fund 4.00 sen

Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow commented that despite challenging market conditions, Public Mutual is pleased to be able to declare distributions on these three funds.

Public Mutual is the largest private unit trust company in Malaysia, and it manages 67 funds for more than 2,000,000 accountholders. As at 30 September 2008, the total net asset value of the funds managed by the company was RM24.2 billion.

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