Tuesday, November 4, 2008

Public Mutual to make distribution

TheStar

KUALA LUMPUR: Public Mutual Bhd has declared a total gross distribution 7.5 sen for its Public Industry Fund for the financial year ended Oct 31.

It also declared total gross distributions of five sen for the Public Equity Fund and four sen for the Public Islamic Bond Fund.

In a statement, Public Mutual chairman Tan Sri Dr Teh Hong Piow said the unit trust company was pleased to be able to declare distributions on the three funds despite challenging market conditions.

As at Sept 30, the total net asset value of the funds managed by the company was RM24.2bil. — Bernama

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