Notification Merger PAM

The Funds in the table below are feeder funds that invest into the respective Target Fund(s) managed by Principal Islamic Asset Management (Ireland) Plc (“Target Fund Company”). 

NoFundsTarget Funds
1 Principal Islamic Global Sukuk Fund Global Sukuk Fund
2 Principal Islamic Asia Pacific Dynamic Income & Growth Fund Islamic Asia Pacific Dynamic Income & Growth Fund
3 Principal Islamic Global Multi-Asset Fund Islamic Global Multi-Asset Fund
4 Principal Islamic Global Responsible Equity Fund Islamic Global Responsible Equity Fund


We are pleased to inform that the resolutions on the proposed merger for the respective Target Funds was approved at the extraordinary general meeting. Please refer to the Result via a notice for further details. 

The Target Fund will freeze all transactions from 6th May 2024 until 12th May 2024 for the merger to take effect on 10 May 2024. Due to the merger and no trading can be done during this period, we are required to declare non-business day for the Funds from 6th May 2024 until 12th May 2024. 

We look forward to providing you with best-in-class wealth management services through a full range of investment products. Should you require clarification or further information with regard to the above, please contact your servicing consultant for assistance. Alternatively, you may also contact our Customer Care Centre  at 03-7723 7260, WhatsApp at 6016-299 9792, or e-mail us at

Thank you.