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Each of the funds referred to in the Principal Asset Management Berhad (‘Principal’) website is intended only to be made available in Malaysia and offered only to persons in Malaysia. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment. The information it contains does not take account of any investor's investment objectives, particular needs or financial situation. You should consider whether an investment fits your investment objectives, particular needs and financial situation before making any investment decision.

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Principal Institutional Bond Fund 7

Fund Performance

As at date : 31-01-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Institutional Bond Fund 7 0.52% 5.05% 8.77% 20.85% 45.21% 1.4521 1,450.42
Benchmark 0.57% 6.51% 9.99% 24.73% 49.89%
Benchmark : 30% TR BPAM All Bond Index + 70% TR BPAM Corporates 3y-7y Bond Index

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0000
0.00 %
1.4622
0.0061
0.42 %
1.4561
0.0000
0.00 %
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Income Distribution History

Disclaimer : Annualised yield is calculated as the most recent monthly dividend distribution multiplied by the Fund’s dividend frequency and divided by the latest NAV.

Unit Split History

General Information

The Fund is a wholesale bond fund issued by Principal Malaysia. The Fund aims to provide income and capital appreciation over the medium to long term by investing in Ringgit denominated debt securities.

This is neither a capital protected fund nor a capital guaranteed fund.

This Fund best suits you if you:

  • are a Sophisticated Investor (limited to corporate client such as company, corporation or co-operative only);
  • have a medium to long term investment horizon, i.e. five (5) years or more; and
  • want a diversified portfolio consisting of debt securities issued in Malaysia, of which the issuers may be domiciled in and/or outside of Malaysia.
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Fund Details

Distribution PolicyDepending on market conditions and the level of income (if any) that the Fund generates, the Fund will distribute on a quarterly basis. Distribution, if any, will be made by the last Business Day of the following months of each year: March, June, September and December.
We have the right to make provisions for reserves in respect of distribution of the Fund. If the income available is too small or insignificant, any distribution may not be of benefit to the Unit holders as the total cost to be incurred in any such distribution may be higher than the amount for distribution. We have the discretion to decide on the amount to be distributed to Unit holders. We also have the discretion to make income distribution on an ad-hoc basis, taking into consideration the level of its realised income and/or realised gains, as well as the performance of the Fund.
Note: The Fund may distribute income from realised income, realised capital gains, unrealised income, unrealised capital gains, capital and/or a combination of any of the above. We reserve the right to vary the frequency and/or amount of distributions.
 
Minimum Initial InvestmentRM10 million or such other amount as we may decide from time to time.
 
Minimum Additional InvestmentRM1 million or such other amount as we may decide from time to time.
 
Cooling-off PeriodNot applicable for corporations/institutions.
 
Minimum WithdrawalRM1 million or such other amount as we may decide from time to time. Withdrawal is limited to once a month, which is on the last Business Day of the month.
 

Fund Fees

Management FeeUp to 0.15% per annum of the NAV of the Fund.
 
Trustee FeeUp to 0.03% per annum of the NAV of the Fund.