KUALA LUMPUR (Dec 31): Public Mutual Bhd has announced distributions amounting to more than RM79 million for 11 funds, for the year ended Dec 31, 2020. 

The company said a gross distribution of 4.75 sen per unit has been declared for Public Strategic Bond Fund, Public Islamic Strategic Bond Fund and PB Aiman Sukuk Fund, and 3.50 sen per unit for Public Islamic Enhanced Bond Fund. 

Distributions have also been declared for Public e-Islamic Sustainable Millennial Fund (1.25 sen per unit), PB Mixed Asset Conservative Fund (1.00 sen per unit), and PB Mixed Asset Conservative Fund (0.80 sen per unit), the unit trust manager said in a statement. 

The other funds are Public Savings Fund (0.75 sen per unit), PB Balanced Sequel Fund (0.50 sen per unit), Public Islamic Growth & Income Fund (0.50 sen per unit) and Public Islamic Savings Fund (0.15 sen per unit).

Public Mutual, a subsidiary of Public Bank Bhd, is Malaysia’s largest private unit trust company with more than 160 funds under its management.

It is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. It has a total of 31 branches/customer service centres nationwide.

Public Mutual said the fund size managed by the company as at end-November was RM98.1 billion.