Public Mutual declares distributions for 7 funds
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Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for
seven funds totalling over RM534 million. The total gross distributions declared for
the financial year ending 31 May 2013 are as follows:
Funds
Gross Distribution / Unit
Public Ittikal Fund
Public Islamic Equity Fund
Public Islamic Select Treasures Fund
Public Dividend Select Fund
PB ASEAN Dividend Fund
Public Balanced Fund
Public Select Bond Fund
5.00 sen per unit
2.00 sen per unit
2.00 sen per unit
2.00 sen per unit
2.00 sen per unit
2.50 sen per unit
3.25 sen per unit
Public Ittikal Fund, which was launched in 1997, seeks to achieve steady capital
growth over the medium- to long-term period by investing in a portfolio of
investments that complies with Shariah principles.
Public Islamic Equity Fund seeks to achieve capital growth through a diverse
selection of growth stocks that complies with Shariah Principles. Whereas, Public
Islamic Select Treasures Fund seeks to achieve capital growth through investment in
companies with market capitalisation of up to RM6 billion which comply with
Shariah requirements in the domestic market.
Public Dividend Select Fund aims to provide recurring income by investing in a
portfolio of stocks which offer or have the potential to offer attractive dividend yields,
while PB ASEAN Dividend Fund aims to provide income by investing in a portfolio
of stocks in domestic and regional markets which offer or have the potential to offer
attractive dividend yields. PB ASEAN Dividend Fund won the best ASEAN Equity
fund for 3 years category at the Edge-Lipper Malaysia Fund Awards 2013.
At the same time, Public Balanced Fund, which was launched in 1995, aims to
provide a steady income and capital growth over the medium- to long-term period and
Public Select Bond Fund seeks to provide annual income through investments in fixed
income securities which have a remaining maturity of seven years and below and,
money market instruments.
Copyright © Public Mutual Berhad (23419-A) ALL RIGHTS RESERVED.
Public Ittikal Fund, Public Islamic Equity Fund, Public Islamic Select Treasures Fund,
Public Dividend Select Fund and Public Select Bond Fund are funds that are open for
EPF Members Investments Scheme. PB ASEAN Dividend Fund is distributed via
Public Bank branches nationwide, whereas the rest of the funds are distributed by
Public Mutual unit trust consultants.
Public Mutual is Malaysia’s largest private unit trust company with more than 90 unit
trust funds under management. It is also an approved Private Retirement Scheme
(PRS) provider, managing six PRS funds. It has over 2.8 million accountholders. As
at end April 2013, the total net asset value of the funds managed by the Company was
RM56.8 billion.
Copyright © Public Mutual Berhad (23419-A) ALL RIGHTS RESERVED.