Public Mutual declares distributions for funds

Public Mutual declared distributions for five funds for the financial year ending April 30, 2011.

It declared 2.25 sen/unit for Public Far-East Telco & Infrastructure Fund; 2.00 sen/unit for Public Islamic Dividend Fund; 0.40 sen/unit for Public Islamic Asia Dividend Fund; 0.50 sen/unit for Public Far-East Balanced Fund and 0.50 sen/unit for Public Global Balanced Fund, the company said in a statement.

Public Mutual, which is the largest private unit trust company in Malaysia, manages 85 funds, to date.

Its total net asset value stood at RM42.4 billion while account holders amounted to over 2.44 million.

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