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Principal Institutional Bond Fund 3

Fund Performance

As at date : 31-01-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Institutional Bond Fund 3 0.49% 5.67% 8.61% 20.46% 87.15% 1.8715 5,410.19
Benchmark 0.57% 6.51% 9.99% 24.66% 83.67%
Benchmark : 50% TR BPAM Corporates All Bond Index + 50% TR BPAM Corporates3y-7y Bond Index

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
1.7163
0.0005
0.03 %
1.7158
0.0003
0.02 %
1.7155
0.0006
0.03 %
1.7149
0.0007
0.04 %
1.7142
0.0001
0.01 %
1.7141
0.0006
0.04 %
1.7135
0.0003
0.02 %
1.7132
0.0004
0.02 %
1.7128
-0.0001
-0.01 %
1.7129
0.0000
0.00 %
1.7129
-0.0002
-0.01 %
1.7131
0.0007
0.04 %
1.7124
-0.0006
-0.04 %
1.7130
0.0004
0.02 %
1.7126
0.0011
0.06 %
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Income Distribution History

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

The Fund is a wholesale bond fund issued by Principal Malaysia, aims to provide total return of investments through potential income and capital appreciation over medium to long-term by investing primarily in Ringgit denominated fixed income securities.

This is neither a capital protected fund nor a capital guaranteed fund.

This Fund best suits you if you:

  • are an institution including a company or a corporation;
  • have medium to long-term investment horizon;
  • want a diversified portfolio consisting of Malaysian fixed income securities;
  • are looking for tax efficient income stream; and
  • want to maintain the value of your investments.
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Fund Details

Distribution PolicyQuarterly, depending on market conditions and performance of the Fund and at the discretion of the Manager.
Distributions, if any, will be made by the last Business Day of the following months of each year: March, June, September and December.
Note: The Fund may distribute income from realised income, realised capital gains, unrealised income, unrealised capital gains, capital and/or a combination of any of the above. We reserve the right to vary the frequency and/or amount of distributions.
 
Minimum Initial InvestmentRM10 million or such other amount as the Manager may decide from time to time.
 
Minimum Additional InvestmentRM10 million or such other amount as the Manager may decide from time to time.
 
Cooling-off PeriodNot applicable for corporations/institutions.
 
Minimum WithdrawalRM1 million or such other amount as the Manager may from time to time decide. There is no restriction on the frequency of withdrawals.
 

Fund Fees

Management FeeUp to 0.25% per annum of the NAV of the Fund.
 
Trustee FeeUp to 0.03% per annum of the NAV of the Fund, subject to a minimum fee of RM30,000 per annum.