Tuesday, September 30, 2014

Public Mutual declares distributions for three funds

TheStar: KUALA LUMPUR: Public Bank’s unit Public Mutual has declared distributions for three of its funds, ranging from one sen to three sen, for the financial year ended Sept 30, 2014.
Public Mutual said on Tuesday that for the Public Singapore Equity Fund, the distribution was 1.25 sen per unit.
As for the Public Strategic SmallCap Fund, the distribution was one sen per unit.
For the Public Enterprises Bond Fund, the distribution was three sen per unit
Public Mutual said the Public Singapore Equity Fund aims to achieve capital growth over the medium- to long-term period by investing in a portfolio of investments primarily in the Singapore market. 
Public Strategic SmallCap Fund aims to achieve capital appreciation over the medium- to long-term period through investments primarily in companies with small market capitalisation.
As for the Public Enterprises Bond Fund, its objective is to provide annual income through investments in fixed income securities and money market instruments. 

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