Source : Public Mutual Official Site
Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for four of its funds. The total gross distributions and unit split declared for the financial year ended 31 January 2011 are as follows:
Fund | Gross Distribution / Unit | Unit Split |
Public Index Fund | 6.00 sen per unit | - |
Public Islamic Optimal Growth Fund | 1.25 sen per unit | - |
Public Enhanced Bond Fund | 3.00 sen per unit | 1:20 |
Public Money Market Fund | 2.50 sen per unit | - |
Public Mutual’s Chief Executive Officer Ms. Yeoh Kim Hong said according to The Edge-Lipper Fund Table dated 17 January 2011, Public Index Fund and Public Islamic Optimal Growth Fund have generated a one-year return of 23.7% and 20.19% respectively for the period ended 7 January 2011. Both funds are open for EPF Members Investment Scheme.
As for Public Enhanced Bond Fund, it has generated a one-year return of 8.59% for the period ended 7 January 2011, while Public Money Market Fund, generated a one-year return of 2.32% for the same period.
Public Mutual is Malaysia’s largest private unit trust company with 84 funds under management. It has over 2,380,000 accountholders and as at 30 December 2010, the total net asset value of the funds managed by the company was RM40.6 billion.
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