Public South East Asia Select Fund Distribution
1 5 billion units financial year end.
Public south east asia select fund distribution. Public south east asia select fund is an open end unit trust established in malaysia. The south east asia region grouped together under the association of south east asian nations asean comprising singapore indonesia thailand philippines malaysia myammar vietnam laos brunei and cambodia is. As for public equity fund public growth balanced fund public islamic growth balanced fund and pb australia dynamic balanced fund the gross distribution was 1 25 sen per unit. Public mutual said for the public south east asia select fund public sector select fund and public industry growth fund the distribution was 1 50 sen per unit.
Fund distribution in asia remains highly fragmented with no single channel having dominance in every market. In hong kong and china retail banks dominate the sale of fund products while securities firms own the bulk of market share in korea. The objective of the fund is to achieve capital growth over the medium to long term period. In a statatement yesterday public mutual said the funds were public south east asia select fund public sector select fund public equity fund public industry growth fund public growth balanced fund public asia ittikal fund public islamic dividend fund public islamic growth balanced fund public islamic bond fund pb asia real estate income fund and pb australia dynamic balanced fund.
In a statement today public mutual said for the public south east asia select fund public sector select fund and public industry growth fund the gross distribution was 1 50 sen per unit. Public mutual s unit trust funds are not in any way sponsored endorsed sold or promoted by ftse international limited ftse or by bursa malaysia berhad bursa malaysia or by the london stock exchange group companies the lseg and neither ftse nor bursa malaysia nor lseg makes any warranty or representation whatsoever expressly or impliedly either as to the results to. For funds with financial year ending 31 10 17 public mutual has declared the following distributions. Funds gross distribution unit return public south east asia select fund 2 00 sen per unit 6 4 public sector select fund 1 50 sen per unit 5 0 public equity fund 1 50 sen per unit 5 5 public industry growth fund 1 00.
2 october 2007 approved fund size. 31 october introduction why invest in south east asia.