KUALA LUMPUR, 31 Jan (Bernama) -- Public Bank’s wholly-owned subsidiary, Public
Mutual, declared distributions for four of its funds. The total gross
distributions declared for the financial year ending 31 January 2012 are as
follows:
Fund Gross Distribution / Unit
Public Index Fund 6.25 sen per unit
Public Islamic Optimal Growth Fund 1.50 sen per unit
Public Enhanced Bond Fund 3.75 sen per unit
Public Money Market Fund 2.50 sen per unit
Public Index Fund is an equity fund that seeks to achieve long-term capital
appreciation while at the same time attempt to outperform the FTSE Bursa
Malaysia Top 100 Index. While Public Islamic Optimal Growth Fund is an Islamic
equity fund that aims to provide income and capital growth by investing in
Shariah-compliant stocks which offer attractive dividend yields and growth
stocks in the domestic market. Both funds are open for EPF Members Investment
Scheme.
As for Public Enhanced Bond Fund, the fund seeks to provide a combination of
annual income and modest capital growth primarily through a portfolio allocation
across quality bonds and equities. Meanwhile, Public Money Market Fund aims to
provide liquidity and current income, while maintaining capital stability.
All of the above funds are distributed by Public Mutual unit trust consultants.
Public Mutual is Malaysia’s largest private unit trust company with 91 funds
under management. It has more than 2.6 million accountholders and as at 30
December 2011, the total net asset value of the funds managed by the Company was
RM44.8 billion.
SOURCE: PUBLIC MUTUAL BERHAD
FOR MORE INFORMATION PLEASE CONTACT:
NAME : (MS) SAY SOH HIAN
MARKETING DIVISION
DIRECT LINE: 03-6279 6756
EMAIL : shsay@publicmutual.com.my
WEBSITE : www.publicmutual.com.my
-- BERNAMA