Public Mutual declares distributions for 11 funds - May 2010

Public Mutual declares distributions for 11 funds

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for eleven funds totalling over RM440 million. The gross distributions declared for the respective funds for the financial year ended 31 May 2010 are as follow: Fund Gross Distribution / Unit Public Dividend Select Fund 3.00 sen per unit Public Ittikal Fund 8.00 sen per unit Public Islamic Equity Fund 1.75 sen per unit Public Islamic Select Treasures Fund 1.25 sen per unit Public Far-East Select Fund 1.75 sen per unit Public Regional Sector Fund 1.75 sen per unit Public Global Select Fund 0.75 sen per unit Public China Titans Fund 1.50 sen per unit PB ASEAN Dividend Fund 1.50 sen per unit Public Balanced Fund 7.00 sen per unit Public Select Bond Fund 4.50 sen per unit Public Mutual Chief Executive Officer Ms. Yeoh Kim Hong said Public Dividend Select Fund has generated a one-year return of 28.91% for the period ended 14 May 2010, according to The Edge-Lipper Fund Table dated 24 May 2010. Meanwhile, Public Ittikal Fund and Public Islamic Equity Fund have generated one-year returns of 21.78% and 23.97% respectively for the period ended 14 May 2010. Public Ittikal Fund, which was launched in 1997, is an award winning fund, having received a total of 20 awards in its category from The Edge-Lipper Malaysia Fund Awards and The Star/Standard & Poor’s Investment Fund Awards Malaysia. Public Islamic Select Treasures Fund, which was launched in 2008, has generated a one-year return of 21.54% for the period ended 14 May 2010. This fund is open for EPF Members Investment Scheme. As for our regional and global funds, Public Far-East Select Fund and Public Regional Sector Fund have generated one-year returns of 19.21% and 16.37% respectively for the same period. Both funds were ranked Top 2 out of 267 funds globally, under the Equity Asia Pacific 3-year returns as at December 31, 2009 by Lipper Global Classification. Meanwhile, Public Global Select Fund, Public China Titans Fund and PB ASEAN Dividend Fund have generated one-year returns of 14.22%, 6.17% and 39.23% respectively for the period ended 14 May 2010. At the same time, Public Balanced Fund, which was launched in 1995, recorded a one-year return of 19.72% for the period ended 14 May 2010, according to The Edge-Lipper Fund Table dated 24 May 2010. As for our bond fund, Public Select Bond Fund recorded a one-year return of 5.87% for the period ended 14 May 2010. All of these funds are distributed by Public Mutual unit trust consultants, with the exception of PB ASEAN Dividend Fund which is distributed via Public Bank branches nationwide. Public Mutual is Malaysia’s largest private unit trust company with 77 funds under management. It has over 2,320,000 accountholders and as at 30 April 2010, the total net asset value of the funds managed by the company was RM37 billion.