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Principal Islamic PRS Plus Asia Pacific Ex Japan Equity - Class A

Fund Performance

As at date : 31-05-2022
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Islamic PRS Plus Asia Pacific Ex Japan Equity - Class A -9.28% -10.80% 42.53% 42.04% 99.68% 0.9458 139.24
Benchmark -6.34% -9.44% 46.30% 48.74% 142.88%
Benchmark : MSCI AC Asia ex Japan Islamic Index

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2021 2.69 2.51
Dec-2020 2.85 2.83

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 significant fluctuation in the value of his/her investment; and/or
  • want investments in the Asia Pacific ex Japan region.

Fund Details

Fund category / Type Feeder Fund – Equity (Shariah-compliant)
 
Benchmark The Fund adheres to the benchmark of the Target Fund. The benchmark of the Target Fund is MSCI AC Asia ex Japan Islamic Index for performance comparison purpose only.
 
Asset Allocation

•    At least 85% of the Fund’s NAV will be invested in the Target Fund; and
•    Up to 15% of the Fund’s NAV may be invested in Islamic liquid assets for liquidity purpose.
 

Principal risks Risks associated with investment in the Target Fund.
 
Target Fund risks Reclassification of Shariah status risk, stock specific risk, interest rate risk, risk associated with investing in Islamic CIS, country risk, currency risk, risks associated with investment in Shariah-compliant warrants and/or Islamic options and credit and default 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)
 

# Despite the maximum Sales Charge disclosed above, you may negotiate with us or our Distributors for lower charges. However, you should note that we or our Distributors may, for any reason at any time, where applicable, accept or reject your request and without having to assign any reason, either generally (for all investors) or specifically (for any particular investor or a group of investors) without prior notice to you.

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.