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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 Islamic PRS Plus Growth - Class A

Fund Performance

As at date : 30-04-2022
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Islamic PRS Plus Growth - Class A -9.56% -15.35% 5.37% 15.37% 47.55% 0.7016 44.99
Benchmark 0.87% -2.62% 10.93% 6.58% 24.15%
Benchmark : 90% FTSE Bursa Malaysia EMAS Shariah Index + 10% Quant shop GII Short Index

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2021 1.00 1.24
Dec-2020 2.95 3.71

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

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 seeking for capital appreciation;
  • are willing to accept volatility in the value of his/her investment; and/or
  • want a diversified portfolio of Shariah-compliant equities and Sukuk that may have some foreign exposure.


Note:
- Before 30 September 2022#: Where the Member is in the Default Option, this Fund is selected for a Member who is below 40 years.
- With effect from 30 September 2022#: Where the Member is in the Default Option, this Fund is selected for a Member who is below 45 years.

#Or such other date as may be permitted by the SC. This information will be communicated to you via our website at
www.principal.com.my.

Fund Details

Fund category / Type Core (Growth)
 
Benchmark

90% FTSE Bursa Malaysia EMAS Shariah Index + 10% Quant shop GII Short Index for performance comparison purpose only.

*The benchmark composition will be changed to reflect the Fund’s revised investment allocation.
 

Asset Allocation •    At least 40% of the Fund’s NAV will be invested in Sukuk;
•    Up to 10% of the Fund’s NAV will be invested in unrated Sukuk; and
•    Up to 90% of the Fund’s NAV  may be invested in Shariah-compliant equities; and
•    Up to 5% of the Fund’s NAV will 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, risks associated with investment in Shariah-compliant warrants/ Islamic options, risk associated with investment in Islamic CIS, and reclassification of Shariah status risk.
 
Distribution policy The Fund is not expected to pay any distribution. All income earned by you will automatically be reinvested into the Fund.
 
Launch date 12 November 2012.
 
Financial year-end 31 August.
 
Cooling off period You have six (6) Business Days after your initial contribution (i.e. the date the complete application is received and accepted by us or our Distributors) to reconsider the appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the same NAV per Unit when the units were purchased. We must obtain prior authorization of the PPA before proceeding with the refund. We will refund the investment amount including the Sales Charge (if any) to you in MYR within ten (10) calendar days of receiving the authorization of the PPA. 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. However, Principal Malaysia’s staff, person(s) registered by a body approved by the SC to deal in PRS and contributions made to PRS by an employer on behalf of the employee are not entitled to the cooling-off right.
 
Minimum contribution MYR 100
 
Minimum additional contribution MYR 50
 
Minimum withdrawal MYR 50 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. 3.00% of the NAV per unit.
 
Management Fee 1.40% p.a. of the Fund’s NAV.
 
Transfer Fee (to another PRS providers) A maximum of MYR 25 may be charged for each transfer to another PRS provider.
 
Trustee Fee

0.04% p.a. of the Fund’s NAV

(Includes local custodian fees and charges but excludes foreign custodian fees and charges)
 

* 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* MYR 10
PPA annual fee^ MYR 8
PPA pre-retirement withdrawal Fee  MYR 25 per transaction
PPA transfer fee (to another PRS provider)  MYR 25 per transaction
PPA administration fee# 0.04% p.a. of the NAV of the Fund


^ 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.