Here's a quick analysis for those who care to read. Based on PM website, both funds has done well long-term.

PUBLIC DIVIDEND SELECT FUND
Annualized return of 6.27% since inception (2005)

PUBLIC EQUITY FUND
Annualized return of 6.70% since inception (2001)

However, the last 10 years has been very poor at 1.91% and 1.46% respectively. Serious questions needs to be asked of the fund manager if he can't beat 3% fixed deposit over 10 years.

Customers have put a lot of trust in Public Mutual. They have to improve significantly.