Public Mutual has obtained approval to increase the size for the following four funds:
1) PB Asia Equity Fund
2) PB Balanced Fund
3) Public Islamic Bond Fund
4) Public Enhanced Bond Fund
The fund size of PB Asia Equity Fund, an aggressive equity fund, has been increased from 1 billion units to 2 billion units and PB Balanced Fund, a balanced fund, from 0.3 billion units to 0.5 billion units.
Public Islamic Bond Fund, a Syriah-based bond fund, has also been increased from 0.8 billion units to 1.8 billion units and Public Enhanced Bond Fund from 0.5 billion units to 1.0 billion units.
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