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KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions amounting to more than RM114mil for 11 funds.
The total gross distributions declared for the financial year ended June 30, 2022 are as follows:
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.
The company recently 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.