Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM71 million for 9 funds. The total gross distributions declared for the financial year ended 31 December 2023 are as follows:
Funds
|
|
Gross Distribution / Unit
|
Distribution Policy^
|
PB Aiman Sukuk Fund
|
|
5.00 sen per unit
|
Annual
|
PB Mixed Asset Conservative Fund
|
|
1.00 sen per unit
|
Annual
|
Public Islamic Enhanced Bond Fund
|
|
3.75 sen per unit
|
Annual
|
Public Strategic Bond Fund
|
|
3.25 sen per unit
|
Annual
|
Public Islamic Strategic Bond Fund
|
|
3.25 sen per unit
|
Annual
|
Public Institutional Bond Fund
|
|
1.00 sen per unit
|
Annual
|
Public Savings Fund
|
|
0.60 sen per unit
|
Annual
|
Public Islamic Growth & Income Fund
|
|
0.15 sen per unit
|
Annual
|
Public Islamic Savings Fund
|
|
0.15 sen per unit
|
Semi-Annual
|
Public Mutual is Malaysia’s largest private unit trust company with more than 170 funds under its management. This year, the Company emerged as the biggest winner at Refinitiv Lipper Fund Awards 2023, receiving 19 individual Fund Awards; and has garnered another 4 awards at Refinitiv Lipper Fund Awards 2023 – Global Islamic. Public Mutual is also an approved Private Retirement Scheme (PRS) provider, managing nine PRS funds. The Company has a total of 31 branches/customer service centres nationwide.
^Note on distribution policy:
Annual: The fund pays distributions to investors annually on a best-effort basis.
Semi-annual: The fund pays distributions to investors semi-annually on a best-effort basis.
Investors are advised to read and understand the contents of the Master Prospectus 1 of PB Series of Funds, Master Prospectus 1 of Public Series of Funds, Master Prospectus 1 of Public Series of Shariah-based Funds and Prospectus of Public Institutional Bond Fund dated 28 August 2023 as well as the relevant funds’ Product Highlights Sheet (PHS) before investing.
Investors should understand, compare and consider the risks, fees, charges and costs involved in investing in a fund. A copy of the Prospectus and PHS can be viewed at our website.
Investors should make their own assessment of the merits and risks of the investment. If in doubt, investors should seek professional advice. Investors are advised to refer to our latest investment disclaimer.