KUALA LUMPUR: PUBLIC BANK BHD []'s wholly owned subsidiary, Public Mutual, has declared gross distributions for 11 funds totaling over RM440 million for the financial year ended May 31, 2010. ''
In a statement Tuesday, June 1, Public Mutual said it declared three sen per unit for the Public Dividend Select Fund; eight sen per unit for the Public Ittikal Fund and 1.25 sen per unit for the Public Islamic Select Treasures Fund.
It declared 1.75 sen per unit each for the Public Islamic Equity Fund, Public Far-East Select Fund and Public Regional Sector Fund, respectively, and 0.75 sen per unit for the Public Global Select Fund.
For the Public Balanced Fund, it declared seven sen per unit; 4.5 sen per unit for the Public Select Bond Fund and 1.5 sen each for the Public China Titans Fund and PB Asean Dividend Fund, respectively.
Public Mutual chief executive officer Yeoh Kim Hong said Public Dividend Select Fund had generated a one-year return of 28.91% for the period ended May 14, 2010, according to The Edge-Lipper Fund Table dated May 24, 2010.
Meanwhile, Public Ittikal Fund and Public Islamic Equity Fund have generated one-year returns of 21.78% and 23.97% respectively for the same period.
Public Ittikal Fund, which was launched in 1997, have received a total of 20 awards in its category from The Edge-Lipper Malaysia Fund Awards and The Star/Standard & Poor's Investment Fund Awards Malaysia.
Public Islamic Select Treasures Fund, which was launched in 2008, has generated a one-year return of 21.54%, she said, adding that this fund is open for the EPF Members Investment Scheme.
"As for our regional and global funds, Public Far-East Select Fund and Public Regional Sector Fund have generated one-year returns of 19.21% and 16.37% respectively for the same period.
"Both funds were ranked Top 2 out of 267 funds globally, under the Equity Asia Pacific 3-year returns as at December 31, 2009 by Lipper Global Classification," she said.
Meanwhile, Public Global Select Fund, Public China Titans Fund and PB ASEAN Dividend Fund have generated one-year returns of 14.22%, 6.17% and 39.23% respectively, said Yeoh.
At the same time, Public Balanced Fund, which was launched in 1995, recorded a one-year return of 19.72%, while its bond fund, Public Select Bond Fund recorded a one-year return of 5.87%.
Yeoh said all of the funds are distributed by Public Mutual unit trust consultants, with the exception of PB ASEAN Dividend Fund which is distributed via Public Bank branches nationwide.
Public Mutual is Malaysia's largest private unit trust company with 77 funds under management.
It has over 2,320,000 account holders and as at April 30, 2010, the total net asset value of the funds managed by the company was RM37 billion.
In a statement Tuesday, June 1, Public Mutual said it declared three sen per unit for the Public Dividend Select Fund; eight sen per unit for the Public Ittikal Fund and 1.25 sen per unit for the Public Islamic Select Treasures Fund.
It declared 1.75 sen per unit each for the Public Islamic Equity Fund, Public Far-East Select Fund and Public Regional Sector Fund, respectively, and 0.75 sen per unit for the Public Global Select Fund.
For the Public Balanced Fund, it declared seven sen per unit; 4.5 sen per unit for the Public Select Bond Fund and 1.5 sen each for the Public China Titans Fund and PB Asean Dividend Fund, respectively.
Public Mutual chief executive officer Yeoh Kim Hong said Public Dividend Select Fund had generated a one-year return of 28.91% for the period ended May 14, 2010, according to The Edge-Lipper Fund Table dated May 24, 2010.
Meanwhile, Public Ittikal Fund and Public Islamic Equity Fund have generated one-year returns of 21.78% and 23.97% respectively for the same period.
Public Ittikal Fund, which was launched in 1997, have received a total of 20 awards in its category from The Edge-Lipper Malaysia Fund Awards and The Star/Standard & Poor's Investment Fund Awards Malaysia.
Public Islamic Select Treasures Fund, which was launched in 2008, has generated a one-year return of 21.54%, she said, adding that this fund is open for the EPF Members Investment Scheme.
"As for our regional and global funds, Public Far-East Select Fund and Public Regional Sector Fund have generated one-year returns of 19.21% and 16.37% respectively for the same period.
"Both funds were ranked Top 2 out of 267 funds globally, under the Equity Asia Pacific 3-year returns as at December 31, 2009 by Lipper Global Classification," she said.
Meanwhile, Public Global Select Fund, Public China Titans Fund and PB ASEAN Dividend Fund have generated one-year returns of 14.22%, 6.17% and 39.23% respectively, said Yeoh.
At the same time, Public Balanced Fund, which was launched in 1995, recorded a one-year return of 19.72%, while its bond fund, Public Select Bond Fund recorded a one-year return of 5.87%.
Yeoh said all of the funds are distributed by Public Mutual unit trust consultants, with the exception of PB ASEAN Dividend Fund which is distributed via Public Bank branches nationwide.
Public Mutual is Malaysia's largest private unit trust company with 77 funds under management.
It has over 2,320,000 account holders and as at April 30, 2010, the total net asset value of the funds managed by the company was RM37 billion.
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