KUALA LUMPUR (Nov 1): Public Bank Bhd’s wholly-owned subsidiary, Public Mutual, declared distributions amounting to more than RM218 million for 11 funds for the financial year ended Oct 31, 2016. In a statatement yesterday, Public Mutual said the funds were Public South-East Asia Select Fund, Public Sector Select Fund, Public Equity Fund, Public Industry Growth Fund, Public Growth Balanced Fund, Public Asia Ittikal Fund, Public Islamic Dividend Fund, Public Islamic Growth Balanced Fund, Public Islamic Bond Fund, PB Asia Real Estate Income Fund and PB Australia Dynamic Balanced Fund. It said Public Sector Select Fund, Public Equity Fund, Public Industry Growth Fund, Public Asia Ittikal Fund and Public Islamic Dividend Fund are open for EPF Members Investment Scheme. “All Public Series of Funds are distributed by Public Mutual’s unit trust consultants while PB Series of Funds are distributed via Public Bank branches nationwide,” it said. Public Mutual is Malaysia’s largest private unit trust company with more than 100 unit trust funds under its management.

Source: The Edge Markets October 31, 2016 22:54 UTC