Public Mutual has declared distributions for three of its funds, ranging from one to three sen per unit, for the financial year ended Sept 30.
The distribution per unit of the Public Singapore Equity Fund is 1.25 sen, while that of the Public Strategic SmallCap Fund is one sen. The distribution per unit of the Public Enterprises Bond Fund is three sen.
The Public Singapore Equity Fund aims to achieve capital growth over the medium to long term by investing in a diversified portfolio of blue-chip, index and growth stocks in the Singapore market with long-term growth potential.
The Public Strategic SmallCap Fund mainly invests in small-cap stocks, while the Public Enterprises Bond Fund aims to provide annual income through investments in fixed-income securities and money market instruments.