Published: Thursday January 31, 2013 MYT 11:40:00 AM
Public Mutual declares distributions for 4 funds
KUALA LUMPUR: Public Mutual Bhd has declared distributions ranging from 1.25 sen per unit to 5.0 sen for four of its funds in their financial year ending Jan 31, 2013.
The mutual fund said the equity index-based Public Index Fund targets long-term capital appreciation and seekis to outperform the FTSE Bursa Malaysia Top 100 Index.
Public Islamic Optimal Growth Fund is an Islamic equity fund focusing on income and capital growth by investing in Shariah-compliant stocks. It focuses on stocks with attractive dividend yields and growth stocks in the domestic market.
The Public Enhanced Bond Fund provides a combination of annual income and modest capital growth by investing in quality bonds and equities.
As for its Public Money Market Fund, it aims to provide liquidity and current income, while maintaining capital stability.