KUALA LUMPUR (Oct 31): Public Mutual has declared RM232 million as income distribution, ranging from 1.25 sen to 5.00 sen per unit, for eight funds for the financial year ended Oct 31, 2011, despite the current challenging market conditions.
It said on Monday, that for Public Industry Fund, the income distribution was 5.00 sen per unit, Public Equity Fund (3.00 sen), Public Sector Select Fund (2.00 sen) and Public South-East Asia Select Fund (2.50 sen).
As for Public Asia Ittikal Fund the distribution was 1.25 sen, PB Australia Dynamic Balanced Fund (3.00 sen), PB Asia Real Estate Income Fund (2.00 sen) and Public Islamic Bond Fund (5.00 sen).
Public Mutual chief executive officer Yeoh Kim Hong said the company was pleased to be able to declare distributions despite the current challenging market conditions.
Public Industry Fund, Public Equity Fund and Public Sector Select Fund are EPF-approved equity funds.
Public Mutual's regional funds, Public South-East Asia Select Fund is an equity fund that provides investors the opportunity to ride on the growth potential of Southeast Asia markets while Public Asia Ittikal Fund is a Shariah-based equity fund.
PB Australia Dynamic Balanced Fund enables investors to capitalise on the growth potential of the Australian market.
As for PB Asia Real Estate Income Fund, investors can participate in the growth prospects of Asia's property sector and real estate investment trusts (REITs).
Public Islamic Bond Fund aims to provide annual income to investors through investment in Islamic Debt Securities.
It said on Monday, that for Public Industry Fund, the income distribution was 5.00 sen per unit, Public Equity Fund (3.00 sen), Public Sector Select Fund (2.00 sen) and Public South-East Asia Select Fund (2.50 sen).
As for Public Asia Ittikal Fund the distribution was 1.25 sen, PB Australia Dynamic Balanced Fund (3.00 sen), PB Asia Real Estate Income Fund (2.00 sen) and Public Islamic Bond Fund (5.00 sen).
Public Mutual chief executive officer Yeoh Kim Hong said the company was pleased to be able to declare distributions despite the current challenging market conditions.
Public Industry Fund, Public Equity Fund and Public Sector Select Fund are EPF-approved equity funds.
Public Mutual's regional funds, Public South-East Asia Select Fund is an equity fund that provides investors the opportunity to ride on the growth potential of Southeast Asia markets while Public Asia Ittikal Fund is a Shariah-based equity fund.
PB Australia Dynamic Balanced Fund enables investors to capitalise on the growth potential of the Australian market.
As for PB Asia Real Estate Income Fund, investors can participate in the growth prospects of Asia's property sector and real estate investment trusts (REITs).
Public Islamic Bond Fund aims to provide annual income to investors through investment in Islamic Debt Securities.
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