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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 Lifetime Balanced Fund

Fund Performance

As at date : 31-10-2023
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Lifetime Balanced Fund 1.47% 2.46% 6.51% 9.01% 535.41% 0.3613 44.61
Benchmark 0.06% 2.28% 1.07% -4.46% 157.52%
Benchmark : 70% FBM 100 + 30% CIMB Bank 1-Month Fixed Deposit Rate

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Jul-2023 0.84 4.58
Jan-2023 0.75 3.90
Jul-2022 0.53 2.94
Jan-2022 0.78 2.03
Jan-2021 1.27 3.13
Jan-2020 2.00 5.13
Jan-2019 1.73 4.34
Jan-2018 2.65 5.92
Jan-2017 2.45 6.01
Jan-2016 2.55 5.66
Jan-2015 3.00 5.89
Jan-2014 3.00 6.24
Jan-2013 2.69 5.90

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

Note: This fund under EPF Members’ Investment Scheme (EPF-MIS) is suspended with effect from 10 April 2023 and will cease to accept sales or switch-in after 4 April 2023, cut off time at 4.00pm. Existing fund holders may keep your monies in the fund, switch out or redeem.

Principal Lifetime Balanced Fund is a balanced fund issued by Principal Malaysia. The Fund aims to grow the value of investments over the long-term through investment in a diversified mix of Malaysian assets. The Fund is established with a multi-class structure and is allowed to establish new Class(es) from time to time without your prior consent.

This is neither a capital protected nor capital guaranteed fund.

Fund is suitable for investors who:
  • have a long-term investment horizon;
  • want a balanced portfolio that includes equities and fixed income securities;
  • recognise that a well-diversified fund tends to produce a smoother return over time than a fund which invests in only one asset class such as equities; and/or
  • seek capital appreciation over the long-term.

Fund Details

Distribution Policy Class MYR: Distribution (if any) is expected to be distributed once a year every January at the Manager’s discretion.
Investment Time Horizon Recommended 5 years or more.
Initial Investment# Non-RSP: Minimum MYR 500 or such other amount as the Manager may decide from time to time.

RSP: Minimum MYR 500 or such other amount as the Manager may decide from time to time.

#The minimum initial investment for EPF-MIS shall be MYR1,000 or such other amount as determined by EPF. The list of funds that is allowed under the EPF-MIS approved fund will be updated on the website at www.principal.com.my or www.kwsp.gov.my as and when EPF revises the list. Alternatively, you may contact our Customer Care Centre at (03) 7723 7260 for further information.
Additional Investment Non-RSP: MYR 200 or such other amount as the Manager may decide from time to time.

RSP: MYR 200 or such other amount as the Manager may decide from time to time.
Cooling off period

For first time individual investor investing with us, you have six (6) Business Days after your initial investment (i.e from the date the completed application is received and accepted by us or any of our Distributors) to reconsider its 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 or prevailing NAV per unit at the point of cooling-off (whichever is lower) (“Refund Amount”). We will pay the Refund Amount including the Application Fee (if any) to you in the currency of the respective Class within seven (7) Business Days from the date we receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us or our Distributors. However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trust funds are not entitled to the cooling-off right. 

If the Fund is an EPF-MIS approved fund and you have invested via the EPF-MIS, your cooling-off right is subject to EPF’s terms and conditions.

Minimum Withdrawal 400 units or such other unit amount as the Manager may decide from time to time.
Investment policy and strategy The Fund aims to invest in a diversified portfolio of equities and fixed income investments. In line with its objective, the investment policy and strategy will be to maintain a balanced portfolio between equities and fixed income investments in the ratio of 70:30. The fixed income portion of the Fund is to provide some capital stability to the Fund whilst the equity portion will provide the added return in a rising market. The investments by the Fund in equity securities shall be between 50% to 70% (both inclusive) of its NAV and investments in fixed income securities and liquid assets shall not be less than 30% of its NAV with a minimum credit rating of “BBB3” or “P2” by RAM or equivalent rating by MARC or by local rating agency(ies) of the country of issuance or “BBB-” by S&P or equivalent rating by any other international rating agencies. The Fund may invest up to 40% of its NAV in Unrated Fixed Income Securities. The Fund may opt to seek investment exposure via CIS that is in line with the Fund’s objective, subject to the requirement of the GUTF. With effect from 10 July 2023, the Fund may invest up to 25% of its NAV in any Eligible Market globally with some operations or businesses in Malaysia to capture growth opportunities. The asset allocation strategy for this Fund is as follows:
  • the equity securities will be between 50% to 70% (both inclusive) of the Fund’s NAV;
  • investments in fixed income securities and liquid assets shall not be less than 30% of the Fund’s NAV;
  • up to 40% of the Fund’s NAV may be in Unrated Fixed Income Securities; and
  • at least 2% of the Fund’s NAV in liquid assets.
Manager Principal Asset Management Berhad.
Launch Date 12 March 1998

Fund Partner

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

Fund Fees

Application Fees* Up to 5.00% of the NAV per unit.

*If the Fund is an EPF-MIS approved fund and you have invested via EPF-MIS, you may be charged an Application Fee of up to 3.00% of the NAV per unit, or such other rate as the EPF may determine.
Annual Fees Management Fee: Up to 1.85% per annum of the NAV of the Class.
Trustee Fee:

24 November 2023, up to 0.08% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund.

24 November 2023, up to 0.045% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund.

Switching Fees Switching is treated as a withdrawal from a Class and an investment into another Class or Principal Malaysia’s fund (or its classes). You may be charged a Switching Fee equal to the difference (if any) between the Application Fees of the Class and the Application Fee of the other Class or Principal Malaysia’s fund (or its classes). You will not be charged a Switching Fee, if the Class or Principal Malaysia’s fund (or its classes) to be switched into has a lower Application Fee than the Application Fee of the Class. In addition to the Switching Fee, you may be charged MYR100 as the administrative fee for every switch.  You may negotiate to lower the Switching Fee and/or administrative fee.