KUALA LUMPUR (Oct 31): Public Mutual Bhd, a wholly-owned subsidiary of Public Bank Bhd, has declared distributions amounting to more than RM238 million for 11 of its unit trust funds for the financial year ended Oct 31, 2018 (FY18).

In a statement today, Public Mutual said for the Public South-East Asia Select Fund, Public Sector Select Fund and Public Industry Growth Fund, the gross distribution was 1.50 sen per unit.

As for Public Equity Fund, Public Growth Balanced Fund, Public Islamic Growth Balanced Fund and PB Australia Dynamic Balanced Fund, the gross distribution was 1.25 sen per unit.

Meanwhile, the gross distribution per unit was 0.50 sen for Public Islamic Dividend Fund, 0.25 sen for Public Asia Ittikal Fund, 4.50 sen for Public Islamic Bond Fund and 1.75 sen for its PB Asia Real Estate Income Fund.

Public Mutual is Malaysia’s largest private unit trust company with more than 130 unit trust funds under its management. As at end-September 2018, the total fund size managed by the company stood at RM83.4 billion.