Disclaimer

Not an Offer to Sell or a Solicitation to Buy

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.

Acknowledgement

By clicking on “I Agree” below, you will acknowledge and agree with Principal that you:

  1. have read, understood and agree to the above;
  2. are a Malaysian resident and you are accessing the information from within Malaysia; and
  3. agree to the exclusion by Principal of any liability for any loss (direct or otherwise) arising from the use of any part of the information contained in this website, and the exclusion of any liability in respect of any error or omission by Principal and any relevant third party.
     

Principal Biotechnology Discovery Fund-Class SGD-Hedged

Fund Performance

As at date : 31-01-2024
Fund		 Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (SGD) Fund Size (million)
Principal Biotechnology Discovery Fund-Class SGD-Hedged 5.11% 15.05% 0.00% 0.00% 0.63% 1.0063 1.41
Benchmark 0.33% 0.56% 0.00% 0.00% -17.77%
Benchmark : NASDAQ Biotechnology Index

NAV History

NAV History

1W 1M 3M 6M YTD 1Y 3Y 5Y
From
Date NAV Fund change Fund Change Percent
0.9833
-0.0235
-2.33 %
1.0068
-0.0292
-2.82 %
1.0360
0.0090
0.88 %
1.0270
0.0045
0.44 %
1.0225
0.0056
0.55 %
1.0169
-0.0173
-1.67 %
1.0342
0.0024
0.23 %
1.0318
-0.0213
-2.02 %
1.0531
-0.0106
-1.00 %
1.0637
0.0047
0.44 %
1.0590
0.0126
1.20 %
1.0464
-0.0043
-0.41 %
1.0507
-0.0089
-0.84 %
1.0596
-0.0051
-0.48 %
1.0647
0.0033
0.31 %
Download CSV

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 an open-ended feeder fund issued by Principal Malaysia. The Fund aims to achieve capital appreciation through investments in one CIS, which invests in biotechnology related securities. The Fund is established as a multi-class fund and is allowed to establish new Class(es) from time to time. 

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

This Fund is suitable for investors who:

  • have a medium to long term investment horizon;
  • looking for exposure into biotechnology related securities;
  • seek capital appreciation over medium to long term; and/or
  • can accept that returns may fluctuate over the investment period.

Click and learn more about:

Download Documents

Fund Video

Fund Details

Distribution Policy Given the Fund’s investment objective, the class of the Fund is not expected to pay any distribution. Distributions, if any, are at our discretion and will vary from period to period depending on the availability of realised income for distribution and performance of the Fund.
 
Initial Investment SGD 1,000 or such other amount as the Manager may decide from time to time.
 
Additional Investment SGD 100 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 complete 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 EPF-MIS, your cooling-off right is subject to EPF’s terms and conditions.

Should any of the below events occur, we may not be able to pay the investment amount to you within seven (7) Business Days. The Fund has obtained approval from the SC for a variation to Paragraph 9.08 of the GUTF, which allows us to pay the investment amount to you within fifteen (15) Business Days when the following events occur: 

  1. redemption request of the Target Fund is deferred; or
  2. the Target Fund’s NAV is suspended during any period.
Minimum Withdrawal 500 units or such other number of units as the Manager may decide from time to time.
 
Launch Date 15 September 2021

Fund Partner

  • CIMB Bank Berhad
  • Affin Bank Berhad
  • HSBC Bank (Malaysia) Berhad
  • iFAST Capital Sdn Bhd
  • Ambank (M) Berhad
  • Philip Mutual Berhad
  • RHB Bank Berhad
  • UOB Kayhian
  • Unit Trust Consultants

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

Fund Fees

Application Fees Up to 5.00% of the NAV per unit.
 
Management Fees Up to 1.80% per annum of the NAV of the Class.
 
Trustee Fees Up to 0.04% per annum of the NAV of the Fund (including local custodian fees and charges but excluding foreign sub-custodian fees and charges). The foreign sub-custodian fee and charges is dependent on the country invested and is charged monthly in arrears.
 
Switching Fee

 

 Switching is treated as a withdrawal from this Class and an investment into another Class or Principal Malaysia’s fund (or its class). As such, you may be charged a Switching Fee equal to the difference (if any) between the Application Fee of the Class and the Application Fee of the other Class or Principal Malaysia’s fund (or its class). Switching Fee will not be charged if the Class or Principal Malaysia’s fund (or its class) to be switched into has a lower Application Fee. In addition, the Manager may impose SGD 35 as the administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fee with us or our Distributors. We also have the discretion to waive the Switching Fee and/or administrative fee.
s.
 
Transfer Fee A maximum of SGD 15 may be charged for each transfer.