Public Bank’s wholly-owned subsidiary, Public Mutual declares distributions for three of its funds. The gross distributions declared are for financial year ended 31 January 2008:
- Public Index Fund - Gross distribution of 20.00 sen per unit
- Public Enhanced Bond Fund - Gross distribution of 7.25 sen per unit
- Public Money Market Fund - Gross distribution of 3.00 sen per unit
Public Mutual’s Chairman Tan Sri Dato’ Sri Dr. Teh Hong Piow said Public Index Fund has generated a one-year return of 38.85% for the period ended 11 January 2008, according to The Edge-Lipper Fund Table dated 21 January 2008. This fund has generally outperformed its benchmark Kuala Lumpur Composite Index (KLCI), which registered a gain of 37.08% for the same period.
As for Public Enhanced Bond Fund, it has generated a one-year return of 10.20% for the period ended 11 January 2008. This fund has outperformed its benchmark 12-Month Fixed Deposits rate of 3.70%.
Public Money Market Fund, on the other hand, has generated a one-year return of 3.14% for the period ended 11 January 2008.
Public Mutual is the largest private unit trust company in Malaysia, manages 57 funds for more than 1,650,000 accountholders. As at 31 December 2007, the total net asset value of the funds managed by the company was RM28.4 billion.
{ 3 comments… read them below or add one }
I just bough the ittikal funds.
mr kc,
honestly,i invest some money in unit trust public mutual,u think i should stick to it ot go out now,i invest one year ago
@Wanttoknow
I can’t give you any opinion without knowing your current situation.
What gets you invest in unit trust at the first place?