Principal Islamic PRS Plus Conservative (formerly known as CIMB Islamic PRS Plus Conservative) - Class C

Fund Performance

As at date :
As at date :
Fund Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (MYR million)
Principal Islamic PRS Plus Conservative (formerly known as CIMB Islamic PRS Plus Conservative) - Class C -2.80 % 2.57 % 8.53 % 13.87 % 24.48 % 0.6224 2.32
Benchmark -2.23 % 0.64 % 4.82 % 10.30 % 21.22 %
Benchmark : 60% Quant shop GII Short Index + 20% CIMB Islamic 1-Year General
Investment Account-i (GIA) + 20% FTSE Bursa Malaysia EMAS Shariah Index

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.

General Information

Principal Islamic PRS Plus is an Islamic investment Scheme designed to facilitate Members to accumulate savings* for retirement. The Scheme comprises of a range of Islamic retirement funds, which Members may choose to invest based on their retirement needs, risk appetite and age profile.
* The Funds are neither capital guaranteed nor capital protected funds.

This Fund is suitable for Members who:

  • want a Shariah-compliant investment;
  • are risk averse; and/or
  • are seeking capital preservation.

Note: Where the Member is in the Default Option, this Fund is selected for a Member who is 55 years and above.

Fund Details

Fund category / Type Core (Conservative) 
Benchmark 60% Quant shop GII Short Index + 20% CIMB Islamic 1-Year General Investment Account-i (GIA) + 20% FTSE Bursa Malaysia EMAS Shariah Index.
Asset Allocation

Before 1 June 2020

  • At least 80% of the Fund’s NAV will be invested in Sukuk and Islamic money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in Islamic money market instruments;
  • Up to 20% of the Fund’s NAV may be invested in Shariah-compliant equities; and
  • Up to 5% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.


With effect from 1 June 2020

  • At least 80% of the Fund’s NAV will be invested in Sukuk and Islamic money market instruments, of which a minimum 20% of the Fund’s NAV will be invested in Islamic money market instruments and up to 5% of the Fund’s NAV may be invested in unrated Sukuk;
  • Up to 20% of the Fund’s NAV may be invested in Shariah-compliant equities; and
  • Up to 5% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.
Principal risks Stock specific risk, credit and default risk, interest rate risk, country risk, currency risk and reclassification of Shariah status risk.
Distribution policy The Fund is not expected to pay any distribution.
Launch date 12 November 2012
Financial year-end 31 August.
Cooling off period Six (6) Business Days from the date the application form is received and accepted by the PRS Provider. Please note that this cooling-off right is only given to a first time Member registered with PPA who is investing with any PRS provider.
Minimum contribution RM 100
Minimum additional contribution RM 50
Minimum withdrawal RM50 or 100 Units.

 

Fund Partner

  • Principal Distributors
  • CIMB Bank

Click here to know more about our fund partner(s).

Fund Fees

Fees and charges charged by Principal Asset Management

Sales Charge Max. 0.50% of the NAV per unit
Management Fee* 1.50% p.a. of the NAV of the Fund
Transfer Fee (to another PRS providers) A maximum of RM25 may be charged for each transfer to another PRS provider.
Note: All transaction on the transfer between PRS provider are only allowed for Vested Units.
Trustee Fee^ 0.04% p.a. of the NAV of the Fund

* The annual Management Fee is accrued daily based on the NAV of the Fund and paid monthly.
^ The annual Trustee Fee is accrued daily based on the NAV of the Fund and paid monthly. The Trustee Fee includes local custodian fees and charges but excludes foreign sub-custodian fees and charges.

Fees and charges charged by Private Pension Administrator ("PPA")

PPA account opening fee RM 10*
PPA annual fee^ RM 8
PPA pre-retirement withdrawal Fee  RM25 per transaction
PPA transfer fee (to another PRS provider)  RM25 per transaction
PPA administration fee# 0.04% p.a. of the Fund’s NAV

* This fee is to be waived on any of the following conditions:
1) Contribution of minimum RM1,000 per transaction;
2) Monthly RSP of minimum RM100 per month through authorized banks; or
3) Other conditions as we may decide from time to time.
^ Not payable for the year the account is opened and on the year where there was no contribution.
# The annual PPA administration fee is accrued daily based on the NAV of the Fund and paid monthly.