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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 Bond Fund EPF MIS

Fund Performance

As at date : 31-10-2023
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Lifetime Bond Fund 4.50% 6.32% 5.77% 21.71% 310.94% 1.1033 838.87
Benchmark 3.33% 5.35% 3.80% 20.16% 225.62%
Benchmark : Quant shop MGS Bond Index (Medium Sub-Index)

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Oct-2023 0.56 2.03
Jul-2023 1.05 3.79
Apr-2023 1.10 3.99
Jan-2023 1.08 3.92
Oct-2022 1.10 4.08
Jul-2022 1.08 3.96
Apr-2022 1.12 4.04
Jan-2022 1.12 4.00
Oct-2021 1.14 4.04
Jul-2021 1.13 3.96
Apr-2021 1.15 1.01
Jan-2021 3.56 2.98
Jan-2020 2.05 1.77
Apr-2019 2.80 2.50
Jan-2019 2.55 2.28

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 Lifetime Bond Fund is a bond fund issued by Principal Malaysia. The Fund aims to provide regular income as well as to achieve medium to long-term capital appreciation through investments primarily in Malaysian bonds. 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 medium to long-term investment horizon;
  • want a diversified portfolio of fixed income securities;
  • want to receive a regular income* stream and maintain the value of their investment over the medium to long-term; and/or
  • look for a less volatile investment but can accept that returns may fluctuate over the short-term.

*The regular income will be distributed in the form of cash or reinvested into additional units in the Fund at the NAV per unit on the distribution date.

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 3 years or more.
Initial Investment# Non-RSP: Minimum MYR 2,000 or such other amount as the Manager may decide from time to time.

RSP: Minimum MYR 2,000 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 or as per the amount stated above, whichever is higher. Please note that there may be changes to the status of the eligibility of the Fund under the EPF-MIS from time to time. Please refer to our website at www.principal.com.my or www.kwsp.gov.my for updated information.
Additional Investment Non-RSP: MYR 500 or such other amount as the Manager may decide from time to time.

RSP: MYR 500 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 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 500 units or such other unit amount as the Manager may decide from time to time.
Investment policy and strategy Between 70% to 98% (both inclusive) of the Fund’s NAV may be invested in debt securities carrying at least a “BBB3” or “P2” rating 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 Debt 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. The rest of the Fund is maintained in the form of liquid assets to meet any withdrawal payments to you. In line with its objective, the investment strategy and policy of the Fund is to invest in a diversified portfolio of approved fixed income securities consisting primarily of bonds, aimed to provide a steady stream of income. To achieve its objective, the Fund may also invest in structured products and/or derivatives such as forward contracts, options, futures contracts and swap agreements, that are related/linked to fixed income securities. The asset allocation strategy for this Fund is as follows:
  • between 70% to 98% (both inclusive) of the Fund’s NAV in debt securities;
  • up to 28% of the Fund’s NAV in other permissible investments;
  • up to 40% of the Fund’s NAV in Unrated Debt Securities; and
  • at least 2% of the Fund’s NAV in liquid assets.
Manager Principal Asset Management Berhad.
Launch Date 15 November 1995

Fund Partner

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

Fund Fees

Application Fees Up to 2.00% of the NAV per unit
Annual Fees Management Fee: Up to 1.00% per annum of the NAV of the Kelas.
Trustee Fee:

Before 24 November 2023, up to 0.05% per annum (includes local custodian fee but excludes foreign sub-custodian fees and charges (if any)) of the NAV of the Fund.

After 24 November 2023, up to 0.03% 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.