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February 09, 2010 -Tuesday |
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PUBLIC MUTUAL DECLARES DISTRIBUTIONS FOR 3 FUNDS
Thursday 31/01/2008
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.
ISSUED BY PUBLIC MUTUAL
FOR MORE INFORMATION CONTACT :
(Ms) SAY SOH HIAN
Advertising & Promotion Unit
DL: 03-6279 6756
E-mail: shsay@publicmutual.com.my
website: www.publicmutual.com.my
DATE OF RELEASE: 31 JANUARY 2008
RELEASED BY BERNAMA, MEDIA RELATIONS & EVENT MANAGEMENT
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