Public Australia Equity Fund distribution for year 2011

news courtesy of public mutual berhad

Public Bank’s wholly-owned subsidiary, Public Mutual, declared distributions for Public Australia Equity Fund at 2.25 sen per unit.

Public Australia Equity Fund which was launched in September 2009, gives investors the opportunity to capitalise on the long term growth potential of the  Australian market, given the country’s strong position in natural resources and its  diversified services sector.

This fund has generated a one-year return of 18.72% for  the same period which is above its benchmark return of 14.67%.