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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 Conservative Bond Fund (formerly known as CIMB-Principal Conservative Bond Fund) (Class C)

Fund Performance

As at date : 31-05-2022
Fund
Year To Date Performance (%) 1Year (%) 3Year (%) 5year (%) Since Inception (%) NAV (MYR) Fund Size (million)
Principal Conservative Bond Fund (formerly known as CIMB-Principal Conservative Bond Fund) (Class C) -0.64% 0.11% 9.59% 0.00% 19.45% 1.0084 1,905.94
Benchmark -0.56% 0.25% 10.70% 0.00% 21.35%
Benchmark : 10% TR BPAM Government (1 - 3 years) all bond index + 10% TR BPAM Government (3 - 7 years) all bond index + 5% TR BPAM Quasi Government (1 - 3 years) all bond index + 5% TR BPAM Quasi Government (3-7 years) all bond index + 10% TR BPAM Corporate (1 - 3 years) all bond index + 60% TR BPAM Corporate (3 - 7 years) all bond index.

Income Distribution History

Period Gross (Sen/ Unit) Annualised Yield (%)
Mar-2022 0.88 3.40
Dec-2021 0.73 2.84
Sep-2021 0.90 3.48
Jun-2021 1.04 3.96
Mar-2021 0.87 3.32
Dec-2020 1.44 5.40
Sep-2020 1.11 4.12
Jun-2020 1.61 6.04
Mar-2020 0.85 3.24
Dec-2019 1.76 6.64
Sep-2019 1.89 7.08
Jun-2019 1.10 4.16
Mar-2019 0.74 2.84
Dec-2018 1.08 4.24
Sep-2018 0.58 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

The Fund is an open-end debentures fund issued by Principal Malaysia. The Fund aims to provide regular income through diversified investments in Malaysian bonds. 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.

Fund is suitable for investors who:
  • have a medium to long-term investment horizon;
  • want regular income;
  • want a diversified portfolio of Malaysian bonds; and
  • want a less volatile investment but can accept returns that may fluctuate over the short term. 

Fund Details

Distribution Policy Distribution (if any) is expected to be distributed quarterly at the Manager discretion. Such distributions will depend on the availability of realised income and/or realised gains.
 
Investment Time Horizon Recommended 3 years or more.
 
Initial Investment Minimum MYR 300 million or such other amount as the Manager may decide from time to time.

 
Additional Investment MYR 50,000 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 application is received by Principal Asset Management) to reconsider its appropriateness for your needs. Within this period, you may withdraw your investment at the NAV per unit on the day the units were first purchased and have the Application Fee (if any) repaid. Please note that the cooling-off right is only given to an investor who is investing with Principal Asset Management or any Approved Distributors for the first time. However, corporations/institutions, Principal Asset Management’s staff and person(s) registered to deal in unit trust of Principal Asset Management or any Approved Distributors are not entitled to the cooling-off right.
Minimum Withdrawal For first time individual investor investing with us or any of our Distributors, you have six (6) Business Days after your initial investment (i,e from the date complete application is received and accepted by us or our Distributors). However, Principal Malaysia’s staff and person(s) registered to deal in unit trust of Principal Malaysia or any Distributors are not entitled to the cooling-off right.
In addition, if you have invested via the EPF-MIS (where available), your cooling-off right is subject to EPF’s terms and conditions.

 
Launch Date 8 August 2017
 

Fund Partner

Offered directly by Principal Asset Management Berhad.

Fund Fees

Application Fees Nil.
 
Annual Fees Management Fee: Up to 0.25% per annum of the NAV of the Class.
Trustee Fee: Up to 0.025%* per annum of the NAV of the Fund.
 
Switching Fees You will 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, we may impose a RM100 administrative fee for every switch. You may negotiate to lower the Switching Fee and/or administrative fees with the Manager or our Approved Distributors. The Manager also have the discretion to waive the Switching Fee and/or administrative fees.