TheEdge
KUALA LUMPUR: Public Mutual Bhd has declared distributions for two of its funds - eight sen per unit for Public SmallCap Fund, and three sen per unit for PB Islamic Equity Fund.
In a statement on Sept 2, Public Mutual’s chairman Tan Sri Dr Teh Hong Piow said Public SmallCap Fund, which was launched in 2000, was ranked No 1 for its five-year returns in its category with an impressive return of 113.47% for the period ended Aug 8, 2008, according to The Edge-Lipper Fund Table dated Aug 18, 2008.
The fund is distributed by Public Mutual unit trust consultants, while PB Islamic Equity Fund which was launched in 2005, is distributed by Public Bank branches nationwide.
Public Mutual is the largest private unit trust company in Malaysia, and it manages 67 funds for more than 1,800,000 accountholders. As at July 31, 2008, the total net asset value of the funds managed by the company was RM26.3 billion.
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