KUALA LUMPUR (Jan 31): Public Mutual declared distributions for four of its funds - Public Index Fund, Public Islamic Optimal Growth Fund, Public Enhanced Bond Fund and Public Money Market Fund – for the financial year ended Jan 31, 2012.

The total gross distributions declared for FY ended Jan 31, 2012 were 6.25 sen per unit for the Public Index Fund while for the Public Islamic Optimal Growth Fund, it was 1.50 sen.

For the Public Enhanced Bond Fund and Public Money Market Fund, the distributions were 3.75 sen per unit and 2.50 sen per unit.

Public Mutual said the Public Index Fund is an equity fund that seeks to achieve long-term capital appreciation.

The Public Islamic Optimal Growth Fund is an Islamic equity fund that aims to provide income and capital growth by investing in Shariah-compliant stocks.

As for the Public Enhanced Bond Fund, it seeks to provide a combination of annual income and modest capital growth primarily through a portfolio allocation across quality bonds and equities.

Public Money Market Fund aims to provide liquidity and current income, while maintaining capital stability.