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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.

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Principal Biotechnology Discovery Fund (Class USD)

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 collective investment scheme, which invests in biotechnology related securities. The Fund is established with a multi-class structure 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 here to learn more about Principal Biotechnology Discovery Fund.
 

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 the Manager's discretion and will vary from period to period depending on the availability of realised income for distribution and performance of the Fund.
 
Initial Investment USD 1,000 or such other amount as the Manager may decide from time to time.
 
Additional Investment USD 100 or such other amount as the Manager may decide from time to time.
 
Cooling off period You have six (6) Business Days after your initial investment (i.e. the date the complete application is received by us) to reconsider the appropriateness and suitability for your investment needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were purchased. The Manager will refund the investment amount including Application Fee (if any) to you in the currency of the respective Class within ten (10) days from the date the Manager receive the complete documentations. Please note that the cooling-off right is only given to first time investor investing with us or any of our Distributors. However, Principal Malaysia’s staff and person(s) registered with a body approved by the SC to deal in unit trusts are not entitled to the cooling-off right.
 
Minimum Withdrawal 500 units or such other number of units as we may decide from time to time.
 
Launch Date 15 September 2021

Fund Partner

  • Affin Bank Berhad
  • HSBC Bank (Malaysia) Berhad
  • iFAST Capital Sdn Bhd
  • Ambank (M) Berhad
  • Philip Mutual Berhad
  • UOB Kay Hian Securities (M) Sdn Bhd
  • Principal Distributors

 

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).
 
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 USD 35 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees with the Manager or our Distributors. The Manager also has the discretion to waive the Switching Fee and/or administrative fees.
 
Transfer Fee A maximum of USD 15 may be charged for each transfer.